FAC-C Certification Exam Notes

FAC-C Certification Exam
Notes


Whodevelopsasolicitation?-(CorrectAnswer)`Thegovernment,andthebuyer

Whopreparesanoffer?-(CorrectAnswer)`Thecontractor,andtheseller

Duringthepostawardphasewhilethecontractisbeingperformed,whohasresponsibilityforqua
lity?-(CorrectAnswer)`Theseller

Acquisition-
(CorrectAnswer)`FAR2.101tellsusAcquisitionmeanstheacquiringbycontractwithappropria
tedfundsofsuppliesorservices(includingconstruction)byandfortheuseoftheFederalGovern
mentthroughpurchaseorlease,whetherthesuppliesorservicesarealreadyinexistenceormus
tbecreated,developed,demonstrated,andevaluated.Acquisitionbeginsatthepointwhenage
ncyneedsareestablishedandincludesthedescriptionofrequirementstosatisfyagencyneeds,
solicitationandselectionofsources,awardofcontracts,contractfinancing,contractperforman
ce,contractadministration,andthosetechnicalandmanagementfunctionsdirectlyrelatedtoth
eprocessoffulfillingagencyneedsbycontract.

AcquisitionTeam-(CorrectAnswer)`FAR1.102-
3describestheAcquisitionTeamasconsistingofallparticipantsinGovernmentacquisitionincl
udingnotonlyrepresentativesofthetechnical,supply,andprocurementcommunitiesbutalsot
hecustomerstheyserve,andthecontractorswhoprovidetheproductsandservices.

TheKO'sRoleontheAcquisitionTeam-(CorrectAnswer)`FAR1.102-
4(a)statesGovernmentmembersoftheAcquisitionTeammustbeempoweredtomakeacquisit
iondecisionswithintheirareasofresponsibility,includingselection,negotiation,andadministr
ationofcontractsconsistentwiththeGuidingPrinciples.Inparticular,thecontractingofficermus
thavetheauthoritytothemaximumextentpracticableandconsistentwithlaw,todeterminethea
pplicationofrules,regulations,andpolicies,onaspecificcontract.

KOAppointments-(CorrectAnswer)`FAR1.603-
2requiresappointingofficials,whenselectingcontractingofficers,toconsiderthecomplexityan
ddollarvalueoftheacquisitionstobeassignedandthecandidate'sexperience,training,educati
on,businessacumen,judgment,character,andreputation.

Examplesofselectioncriteria-(CorrectAnswer)`-
ExperienceinGovernmentcontractingandadministration,commercialpurchasing,orrelatedf
ields.

, -
Educationorspecialtraininginbusinessadministration,law,accounting,engineering,orrelate
dfields.
Knowledgeofacquisitionpoliciesandprocedures,includingthisandotherapplicableregulatio
ns.
-Specializedknowledgeintheparticularassignedfieldofcontracting.
-Satisfactorycompletionofacquisitiontrainingcourses.

DODKORequirements-(CorrectAnswer)`DFARS201.603-
2tellsusthatinordertoqualifytoserveasacontractingofficerwithauthoritytoawardoradministe
rcontractsforamountsabovethesimplifiedacquisitionthreshold,apersonmust:
-
Havecompletedallcontractingcoursesrequiredforacontractingofficertoserveinthegradeinw
hichtheemployeeormemberofthearmedforceswillserve.
-Haveatleast2yearsexperienceinacontractingposition.
-Havereceivedabaccalaureatedegreefromanaccreditededucationalinstitution.
-
Meetsuchadditionalrequirements,basedonthedollarvalueandcomplexityofthecontractsaw
ardedoradministeredintheposition,asmaybeestablishedbytheSecretaryofDefense.
-DFARS201.603-
2(2)alsolistsseveralexceptionsandamplificationstotheabovequalificationsforcontractingoff
icerappointments.

FAR1.602-2-
(CorrectAnswer)`Contractingofficersareresponsibleforensuringperformanceofallnecessa
ryactionsforeffectivecontracting,ensuringcompliancewiththetermsofthecontract,andsafeg
uardingtheinterestsoftheUnitedStatesinitscontractualrelationships.Inordertoperformthese
responsibilities,contractingofficersshouldbeallowedwidelatitudetoexercisebusinessjudgm
ent.

FAR1.602-2(a)-
(CorrectAnswer)`ContractingOfficersmustensuresufficientfundsareavailableforobligationf
oreachcontractaction.

FAR1.602-2(b)-
(CorrectAnswer)`statesthatcontractingofficersshallensurethatcontractorsreceiveimpartial
,fair,andequitabletreatment.Thisappliestoalltypesofcommunications,writtenandverbal.

FAR1.602-2(c)-
(CorrectAnswer)`Contractingofficersshallrequestandconsidertheadviceofspecialistsinaud
it,law,engineering,informationsecurity,transportation,andotherfields,asappropriate.

FAR1.602-2(d)-
(CorrectAnswer)`statesthatcontractingofficersshalldesignateCORsinwritingandfurnishco
piestothecontractorandthecontractadministrationoffice.