ANSWERS
The contracting process consists of three Contract Life Cycle Phases: - CORRECT ANSWER✅✅Pre-award,
Award, and Post-award
Which Cntract Life Cycle phase involves all the work performed by both the buyer (Government or prime
contractor) and seller (contractor or subcontractor) in communicating the buyer's requirements and
providing a solution to those requirements. - CORRECT ANSWER✅✅Pre-award
The pre-award phase consists of two primary activities: - CORRECT ANSWER✅✅Develop solicitation,
Develop Offer
What part of the FAR coves closeout of government contracts? - CORRECT ANSWER✅✅FAR Part 4.8
Who develops a solicitation? - CORRECT ANSWER✅✅The government and the buyer
Who prepares an offer? - CORRECT ANSWER✅✅The contractor and the seller
During the post-award phase while the contract is being performed, who has responsibility for quality? -
CORRECT ANSWER✅✅The Seller
Acquisition Team consists of: - CORRECT ANSWER✅✅govt representatives of technical, supply and
procurement
customers
contractors who provide product/service
Contracting Officer (KO) role on Acq team: - CORRECT ANSWER✅✅to determine the application of
rules, regulations, and policies, on a specific contract.
Contracting Officer (KO) General Responsibilities: - CORRECT ANSWER✅✅ensuring performance of all
necessary actions for effective contracting
,ensuring compliance with the terms of the contract
safeguarding the interests of the United States in its contractual relationships
Contractor Officer specific responsibilities: - CORRECT ANSWER✅✅Ensure Sufficient Funds
Dealing with Contractors
Request Assistance, as Appropriate (e.g. legal)
Designate COR
personal conflict of interest: - CORRECT ANSWER✅✅a contractor employee has some interest that
could impair their ability to act impartially and in the best interest of the Government when performing
under a contract
organizational and consultant conflicts of interest - CORRECT ANSWER✅✅contractor (or potential
contractor) is in a situation which by way of contract performance gives them an unfair advantage or will
bias their performance in making recommendations to the Government.
What part of the FAR is personal Conflict of Interest covered? - CORRECT ANSWER✅✅FAR Part 3
What part of the FAR is organizational Conflict of Interest covered? - CORRECT ANSWER✅✅FAR Part 9
Contractor Qualifications
contracting system must focus on "risk ________" rather than "risk ________." - CORRECT
ANSWER✅✅contracting system must focus on "risk management" rather than "risk avoidance." (FAR
Part 1)
T or F All contractors and prospective contractors should be treated the same. - CORRECT
ANSWER✅✅F All contractors and prospective contractors should be treated fairly and impartially but
need not be treated the same.
What part of the FAR stresses the importance of transparency to maintain the integrity of the
procurement process? - CORRECT ANSWER✅✅FAR Part 1
, Openness for the contracting officer applies primarily to? (Select all that apply) A) Acq Team B)
Contractors C) Offerors D) Contracting Team - CORRECT ANSWER✅✅All of the above
FAR 1.102-2(a) tells contracting professionals that a guiding principle of the Federal Acquisition System
is to satisfy customers in terms of what 3 things? - CORRECT ANSWER✅✅cost, quality, and timeliness of
the delivered product or service
What part of the FAR coves establishing, maintaining, and disposing of Government contract files? -
CORRECT ANSWER✅✅FAR Part 4
What 3 things does a KO have to meet to provide other than full and open competition? - CORRECT
ANSWER✅✅Justify in writing; certify accuracy/completeness of justification; obtain approval in FAR
6.3.
You need to document a business decision, such as the use of a specific contract type. What document
will you create? - CORRECT ANSWER✅✅Determination and Findings
When is a Determination and Finding used? - CORRECT ANSWER✅✅When it's required by statute or
regulation as a prerequisite to taking certain contract actions.
When is a Justification and Approval used? - CORRECT ANSWER✅✅To award a contract with other than
full and open competition.
At the conclusion of negotiations, the contracting officer will complete a: - CORRECT ANSWER✅✅Price
Negotiation Memorandum
SF-26 - CORRECT ANSWER✅✅Award negotiated contracts needing signature of both parties
SF-30 - CORRECT ANSWER✅✅Amendment to solicitation or modification of contract
SF-33 - CORRECT ANSWER✅✅Award negotiated contracts or sealed bidding contracts
(Solicitation/Offer and Award)