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