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CONTRACTING OFFICER WARRANT BOARD EXAM NEWEST VERSION 2025 WITH COMPLETE QUESTIONS AND SOLUTION 100% VERIFIED ANSWERS A+ GRADED FREE

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What is the requirement for obligating funds when awarding indefinite-quantity contracts? - ANSWER-(1) For indefinite delivery indefinite-quantity (IDIQ) contracts all supplies and services to be furnished shall be obtained via delivery orders(s) or task order(s) issued by individuals designated in the contract. (2) Upon execution of the contract, an obligation shall be recorded based upon the issuance of a delivery or task order for the cost/price of the minimum quantity specified. Obtaining a certification of availability of funding from the finance office does not satisfy the requirement to record an obligation in the official accounting records of the Government for the minimum order amount established by the award of an IDIQ contract. The Government's actual obligation must be recorded at the time of contract award. Recording and subsequently reporting the required obligation using anything other than a delivery or task order will result in the action not being reported in FPDS-NG. the Recording of Obligations Act is implemented in the DoD Financial Management Regulation (FMR) (DoD 7000.14-R - see paragraph 080504 of the FMR). The Defense Finance and Accounting Service (DFAS) is responsible for recording contractual obligations.

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CONTRACTING OFFICER WARRANT BOARD EXAM
NEWEST VERSION 2025 WITH COMPLETE
QUESTIONS AND SOLUTION 100% VERIFIED
ANSWERS A+ GRADED FREE


What is the requirement for obligating funds when awarding
indefinite-quantity contracts? - ANSWER-(1) For indefinite-
delivery indefinite-quantity (IDIQ) contracts all supplies and
services to be furnished shall be obtained via delivery orders(s)
or task order(s) issued by individuals designated in the contract.
(2) Upon execution of the contract, an obligation shall be
recorded based upon the issuance of a delivery or task order for
the cost/price of the minimum quantity specified. Obtaining a
certification of availability of funding from the finance office
does not satisfy the requirement to record an obligation in the
official accounting records of the Government for the minimum
order amount established by the award of an IDIQ contract. The
Government's actual obligation must be recorded at the time of
contract award. Recording and subsequently reporting the
required obligation using anything other than a delivery or task
order will result in the action not being reported in FPDS-NG.
the Recording of Obligations Act is implemented in the DoD
Financial Management Regulation (FMR) (DoD 7000.14-R - see
paragraph 080504 of the FMR). The Defense Finance and

,2|Page


Accounting Service (DFAS) is responsible for recording
contractual obligations.


In regards to the availability and life cycle of funds, explain the
meaning of the terms "current", "expired" and "cancelled". For
what purposes can each of the three phases of funds be used?
How many years does the current status last for construction
(3300) funds, procurement (3010) funds, for R&D (3600) funds,
and for O&M (3400) funds? - ANSWER-Current - The funds
are available for obligation. This stage is primarily for obligating
or placing funds on contract for a specific purpose. The
"current" phase lasts five years for construction (3300) funds,
three years for procurement (3010) funds, two years for R&D
(3600) funds, and one year for O&M (3400) funds.
Expired - The funds are not available for obligation but may be
used for liquidation of previously incurred obligations or certain
adjustments to these obligations. They may be used to pay
existing, unpaid bills on the contract. Funding in this phase
remains available for 5 years from the year the appropriation
expires, regardless of the appropriation type. No obligations for
new requirements can be incurred against expired funds during
this phase.
Cancelled - The funds are no longer available and cease to exist
for any purpose. Under PL 101-510 any use of cancelled funds
is prohibited and results in a violation of the Anti-Deficiency

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Act. This includes incurring any new obligation or payment
against a previous obligation. Obligations or adjustments that
would otherwise be chargeable to these years must be charged to
current funds.


You are the Contracting Officer negotiating a multi-million
dollar, non-classified, research effort, on a tight schedule, with a
large business as a prime. Near the end of negotiations, the
prospective contractor advises you that one of its subcontractors,
a university whose unique capabilities render it a major player in
the effort, refuses to accept the DFARS clause 252.204-7000,
Disclosure of Information. You want to include this clause,
which typically goes in solicitations and contracts when the
contractor will have access to or generate unclassified
information that may be sensitive or inappropriate for release to
the public. With the inclusion of this clause the prime and its
subs will be prohibited from releasing potentially sensitive
information without your permission.
The university has advised the prime they feel so strongly that
this clause would impair their academic freedom that they will
not particip - ANSWER-A. Public Law 98-94 sets forth policies,
procedures and responsibilities for withholding of unclassified
technical data from public disclosure when it is determined that
such disclosure could reveal military critical technologies.

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B. In this case the government must have the right to protect
sensitive information from release and will not agree to the
deletion of this clause. Nevertheless the CO should confer with
the Program Manager, to determine if the effort will contain
military critical technologies; with JAG; and with the Foreign
Technology Office. While the clause will not be removed, it
might be possible to designate certain portions of the effort that
the university could release while protecting the remainder.


You are working on a competitive RFP and are nearing
completion of Sections L containing information and
instructions for offerors, and Section M containing evaluation
factors for award. You have just completed a cross-check of
Sections L and M to make sure that there is correlation between
the contents of the two sections and you are satisfied that there is
100% correlation. Your program manager comes into your office
very excited and tells you that he wants to include a request for
additional information in Sec L. In talking to him you find that
this new information request is not related to any other
information requested from the offerors in Sec L. You also know
from your work on the RFP that there is no corresponding
evaluation criterion in Sec M for this information. You ask him
why he wants to include the request in the RFP and he states that
this is important information that he absolutely has to obtain for
t - ANSWER-It is critical that the information requested in Sec L
be held to an absolute minimum and then be requested only to

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