COR 2 servey questions
and solution 2024/25
// What does it mean by "an agent of the Government has only the actual authority, not
apparent authority? - ANSWERS-Government representative can not legally commit the
Government beyond the limits of his authority.
Who usually has actual authority in Government contracting? - ANSWERS-Contracting Officer
(CO)
(p35,36,39) Acquisition planning includes... - ANSWERS-Process where work/effort of all
people/personnel responsible for an acquisition are coordinated and integrated through a plan.
"Contract type" identifies which party, Government or contractor, bears what? - ANSWERS-
Liability for performance problems including
1) subquality work,
2) delinquent performance,
3) and cost growth.
What is "Performance Based Acquisition" - ANSWERS-Under performance-based acquisitions,
the IRS pays for results, not effort or process, and contractors are free to determine the best
and most cost effective ways to fulfill the need. Performance-based acquisitions also reduce
unnecessary contract administration costs by trending away from cost-reimbursement and
level-of-effort contracts to fixed price, results oriented contracts.
and solution 2024/25
// What does it mean by "an agent of the Government has only the actual authority, not
apparent authority? - ANSWERS-Government representative can not legally commit the
Government beyond the limits of his authority.
Who usually has actual authority in Government contracting? - ANSWERS-Contracting Officer
(CO)
(p35,36,39) Acquisition planning includes... - ANSWERS-Process where work/effort of all
people/personnel responsible for an acquisition are coordinated and integrated through a plan.
"Contract type" identifies which party, Government or contractor, bears what? - ANSWERS-
Liability for performance problems including
1) subquality work,
2) delinquent performance,
3) and cost growth.
What is "Performance Based Acquisition" - ANSWERS-Under performance-based acquisitions,
the IRS pays for results, not effort or process, and contractors are free to determine the best
and most cost effective ways to fulfill the need. Performance-based acquisitions also reduce
unnecessary contract administration costs by trending away from cost-reimbursement and
level-of-effort contracts to fixed price, results oriented contracts.
