100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

FAC-C Certification Exam Notes Real Questions (Actual) Exam Rated A+

Rating
-
Sold
-
Pages
5
Grade
A+
Uploaded on
22-05-2025
Written in
2024/2025

FAC-C Certification Exam Notes Real Questions (Actual) Exam Rated A+ Who develops a solicitation? - Answer - The government, and the buyer Who prepares an offer? - Answer - The contractor, and the seller During the post award phase while the contract is being performed, who has responsibility for quality? - Answer - The seller Acquisition - Answer - FAR 2.101 tells us Acquisition means the acquiring by contract with appropriated funds of supplies or services (including construction) by and for the use of the Federal Government through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evaluated. Acquisition begins at the point when agency needs are established and includes the description of requirements to satisfy agency needs, solicitation and selection of sources, award of contracts, contract financing, contract performance, contract administration, and those technical and management functions directly related to the process of fulfilling agency needs by contract. Acquisition Team - Answer - FAR 1.102-3 describes the Acquisition Team as consisting of all participants in Government acquisition including not only representatives of the technical, supply, and procurement communities but also the customers they serve, and the contractors who provide the products and services. The KO's Role on the Acquisition Team - Answer - FAR 1.102-4(a) states Government members of the Acquisition Team must be empowered to make acquisition decisions within their areas of responsibility, including selection, negotiation, and administration of contracts consistent with the Guiding Principles. In particular, the contracting officer must have the authority to the maximum extent practicable and consistent with law, to determine the application of rules, regulations, and policies, on a specific contract. KO Appointments - Answer - FAR 1.603-2 requires appointing officials, when selecting contracting officers, to consider the complexity and dollar value of the acquisitions to be assigned and the candidate's experience, training, education, business acumen, judgment, character, and reputation. Examples of selection criteria - Answer - -Experience in Government contracting and administration, commercial purchasing, or related fields. -Education or special training in business administration, law, accounting, engineering, or related fields. Knowledge of acquisition policies and procedures, including this and other applicable regulations. -Specialized knowledge in the particular assigned field of contracting. -Satisfactory completion of acquisition training courses. DOD KO Requirements - Answer - DFARS 201.603-2 tells us that in order to qualify to serve as a contracting officer with authority to award or administer contracts for amounts above the simplified acquisition threshold, a person must: -Have completed all contracting courses required for a contracting officer to serve in the grade in which the employee or member of the armed forces will serve. -Have at least 2 years experience in a contracting position. -Have received a baccalaureate degree from an accredited educational institution. -Meet such additional requirements, based on the dollar value and complexity of the contracts awarded or administered in the position, as may be established by the Secretary of Defense. -DFARS 201.603-2(2) also lists several exceptions and amplifications to the above qualifications for contracting officer appointments. FAR 1.602-2 - Answer - Contracting officers are responsible for ensuring performance of all necessary actions for effective contracting, ensuring compliance with the terms of the contract , and safeguarding the interests of the United States in its contractual relationships. In order to perform these responsibilities, contracting officers should be allowed wide latitude to exercise business judgment. FAR 1.602-2(a) - Answer - Contracting Officers must ensure sufficient funds are available for obligation for each contract action. FAR 1.602-2(b) - Answer - states that contracting officers shall ensure that contractors receive impartial, fair, and equitable treatment. This applies to all types of communications, written and verbal. FAR 1.602-2(c) - Answer - Contracting officers shall request and consider the advice of specialists in audit, law, engineering, information security , transportation, and other fields, as appropriate. FAR 1.602-2(d) - Answer - states that contracting officers shall designate CORs in writing and furnish copies to the contractor and the contract administration office. Which part of the FAR gives the best guidance for personal conflict of interest? - Answer - FAR part 3

Show more Read less
Institution
FAC-C Certification
Course
FAC-C Certification









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
FAC-C Certification
Course
FAC-C Certification

Document information

Uploaded on
May 22, 2025
Number of pages
5
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

FAC-C Certification Exam Notes Real
Questions (Actual) Exam Rated A+
Who develops a solicitation? - Answer - ✔ The government, and the buyer

Who prepares an offer? - Answer - ✔ The contractor, and the seller

During the post award phase while the contract is being performed, who has
responsibility for quality? - Answer - ✔ The seller

Acquisition - Answer - ✔ FAR 2.101 tells us Acquisition means the acquiring by contract
with appropriated funds of supplies or services (including construction) by and for the
use of the Federal Government through purchase or lease, whether the supplies or
services are already in existence or must be created, developed, demonstrated, and
evaluated. Acquisition begins at the point when agency needs are established and
includes the description of requirements to satisfy agency needs, solicitation and
selection of sources, award of contracts, contract financing, contract performance,
contract administration, and those technical and management functions directly related
to the process of fulfilling agency needs by contract.

Acquisition Team - Answer - ✔ FAR 1.102-3 describes the Acquisition Team as
consisting of all participants in Government acquisition including not only
representatives of the technical, supply, and procurement communities but also the
customers they serve, and the contractors who provide the products and services.

The KO's Role on the Acquisition Team - Answer - ✔ FAR 1.102-4(a) states
Government members of the Acquisition Team must be empowered to make acquisition
decisions within their areas of responsibility, including selection, negotiation, and
administration of contracts consistent with the Guiding Principles. In particular, the
contracting officer must have the authority to the maximum extent practicable and
consistent with law, to determine the application of rules, regulations, and policies, on a
specific contract.

KO Appointments - Answer - ✔ FAR 1.603-2 requires appointing officials, when
selecting contracting officers, to consider the complexity and dollar value of the
acquisitions to be assigned and the candidate's experience, training, education,
business acumen, judgment, character, and reputation.

Examples of selection criteria - Answer - ✔ -Experience in Government contracting and
administration, commercial purchasing, or related fields.
-Education or special training in business administration, law, accounting, engineering,
or related fields.

, Knowledge of acquisition policies and procedures, including this and other applicable
regulations.
-Specialized knowledge in the particular assigned field of contracting.
-Satisfactory completion of acquisition training courses.

DOD KO Requirements - Answer - ✔ DFARS 201.603-2 tells us that in order to qualify
to serve as a contracting officer with authority to award or administer contracts for
amounts above the simplified acquisition threshold, a person must:
-Have completed all contracting courses required for a contracting officer to serve in the
grade in which the employee or member of the armed forces will serve.
-Have at least 2 years experience in a contracting position.
-Have received a baccalaureate degree from an accredited educational institution.
-Meet such additional requirements, based on the dollar value and complexity of the
contracts awarded or administered in the position, as may be established by the
Secretary of Defense.
-DFARS 201.603-2(2) also lists several exceptions and amplifications to the above
qualifications for contracting officer appointments.

FAR 1.602-2 - Answer - ✔ Contracting officers are responsible for ensuring
performance of all necessary actions for effective contracting, ensuring compliance with
the terms of the contract , and safeguarding the interests of the United States in its
contractual relationships. In order to perform these responsibilities, contracting officers
should be allowed wide latitude to exercise business judgment.

FAR 1.602-2(a) - Answer - ✔ Contracting Officers must ensure sufficient funds are
available for obligation for each contract action.

FAR 1.602-2(b) - Answer - ✔ states that contracting officers shall ensure that
contractors receive impartial, fair, and equitable treatment. This applies to all types of
communications, written and verbal.

FAR 1.602-2(c) - Answer - ✔ Contracting officers shall request and consider the advice
of specialists in audit, law, engineering, information security , transportation, and other
fields, as appropriate.

FAR 1.602-2(d) - Answer - ✔ states that contracting officers shall designate CORs in
writing and furnish copies to the contractor and the contract administration office.

Which part of the FAR gives the best guidance for personal conflict of interest? -
Answer - ✔ FAR part 3

Which part of the FAR gives the best guidance for organizational conflict of interest? -
Answer - ✔ FAR part 9

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
BrightByte john hopkins university
View profile
Follow You need to be logged in order to follow users or courses
Sold
46
Member since
1 year
Number of followers
10
Documents
3060
Last sold
1 week ago
BrightByte

BrightByte | Your #1 Source for Top-Tier Study Resources Struggling to keep up with your studies? Need high-quality notes to boost your grades? You’re in the right place! I’m BrightByte, a passionate and experienced study resource creator, dedicated to providing students with clear, concise, and exam-focused materials that make learning efficient and stress-free. Whether you’re prepping for an exam, revising key concepts, or just looking for well-structured study guides, my materials have got you covered! What You’ll Find Here: Premium Summaries – Well-organized, straight-to-the-point, and packed with essential information Exam-Focused Notes – Covering everything you need to know for top marks Lecture Notes & Study Guides – Comprehensive yet easy to digest Reliable & Well-Researched Content – Based on textbooks, lectures, and expert insights Subjects Covered: [List your key subjects, e.g., Business, Psychology, Law, Medicine, Engineering, etc.] Why waste hours filtering through irrelevant information? My notes help you study smarter, not harder. Explore my study materials now and take your academic success to the next level!

Read more Read less
3.0

3 reviews

5
1
4
0
3
1
2
0
1
1

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions