Page 1 of 240
FAC-C (Professional) certification Exam
study guide ALL 550 QUESTIONS AND
VERIFIED SOLUTIONS LATEST UPDATE
THIS YEAR
A program manager asked John whether a contract clause is only used in the contract or if it
applies to the solicitation as well. John correctly answered by replying with what statement?
A contract clause is a term or condition used in contracts, or in both solicitations and contracts,
that applies after contract award or both before and after award
How does the DFARS Procedures Guidance and Information (PGI) relate to the DFARS?
The DFARS PGI is a companion resource to the DFARS
Except when authorized otherwise, what is true about a government contract?
Must be in writing
What should Simplified Acquisition Procedures (SAP) do?
Promote competition to the maximum extent practicable
What type(s) of contracts can be awarded when acquiring commercial items of supply?
1
, Page 2 of 240
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment
What is the use of a procedure that is inconsistent with the FAR?
Deviation
What is the tool (form) used by DoD to apply a structured profit/fee?
DD Form 1547, Weighted Guidelines Method
Market research is conducted during which phase of the acquisition?
All phases
With respect to the requirements of law, executive orders, regulations, and all other
applicable procedures, prior to signing a contract, what must a contracting officer do?
Ensure that each has been met
How many FAR parts are there?
53
The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9 identifies
the type of instrument. If position 9 is a "D", which of the following types of instruments is
representative?
Indefinite-delivery contracts to include IDIQs and requirements contracts
2
, Page 3 of 240
Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System?
FAR Part 1
A contractor failed to deliver a commercial item within the time specified by the contract. As
the government contracting officer, you plan to terminate the contract. What type of
termination would you proceed with?
Termination for Cause
Which of the following statements best conveys the convention at FAR 1.108(b), delegation
of authority?
Each authority is delegable unless specifically stated otherwise
What is a Procurement Instrument Identifier (PIID)?
A unique number identifying each solicitation, contract, agreement, or order and related
procurement instrument
When using invitations for bids (IFBs), what type(s) of contracts can be awarded?
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment
Who is authorized by the government to execute contract modifications on behalf of the
government?
3
, Page 4 of 240
The CO
Which FAR part deals with market research?
FAR part 10
When can a time-and-materials (T&M) contract be used?
A T&M contract may be used only when it is not possible at the time of placing the contract to
estimate accurately the extent or duration of the work or to anticipate costs
Which contract type shall not be used in government contracting?
Cost-plus-a-percentage-of-cost
What is the general guidance provided by the FAR for contractor bid or proposal information?
May not be disclosed to anyone unless they are authorized to receive it
What underlying principle should the contracting officer follow to avoid organizational
conflicts of interest?
Prevent unfair competitive advantage
What are the 3 terms that address specific types of exchanges with offerors after receipt of
proposals?
Communications, discussions, and clarifications
4
FAC-C (Professional) certification Exam
study guide ALL 550 QUESTIONS AND
VERIFIED SOLUTIONS LATEST UPDATE
THIS YEAR
A program manager asked John whether a contract clause is only used in the contract or if it
applies to the solicitation as well. John correctly answered by replying with what statement?
A contract clause is a term or condition used in contracts, or in both solicitations and contracts,
that applies after contract award or both before and after award
How does the DFARS Procedures Guidance and Information (PGI) relate to the DFARS?
The DFARS PGI is a companion resource to the DFARS
Except when authorized otherwise, what is true about a government contract?
Must be in writing
What should Simplified Acquisition Procedures (SAP) do?
Promote competition to the maximum extent practicable
What type(s) of contracts can be awarded when acquiring commercial items of supply?
1
, Page 2 of 240
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment
What is the use of a procedure that is inconsistent with the FAR?
Deviation
What is the tool (form) used by DoD to apply a structured profit/fee?
DD Form 1547, Weighted Guidelines Method
Market research is conducted during which phase of the acquisition?
All phases
With respect to the requirements of law, executive orders, regulations, and all other
applicable procedures, prior to signing a contract, what must a contracting officer do?
Ensure that each has been met
How many FAR parts are there?
53
The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9 identifies
the type of instrument. If position 9 is a "D", which of the following types of instruments is
representative?
Indefinite-delivery contracts to include IDIQs and requirements contracts
2
, Page 3 of 240
Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System?
FAR Part 1
A contractor failed to deliver a commercial item within the time specified by the contract. As
the government contracting officer, you plan to terminate the contract. What type of
termination would you proceed with?
Termination for Cause
Which of the following statements best conveys the convention at FAR 1.108(b), delegation
of authority?
Each authority is delegable unless specifically stated otherwise
What is a Procurement Instrument Identifier (PIID)?
A unique number identifying each solicitation, contract, agreement, or order and related
procurement instrument
When using invitations for bids (IFBs), what type(s) of contracts can be awarded?
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment
Who is authorized by the government to execute contract modifications on behalf of the
government?
3
, Page 4 of 240
The CO
Which FAR part deals with market research?
FAR part 10
When can a time-and-materials (T&M) contract be used?
A T&M contract may be used only when it is not possible at the time of placing the contract to
estimate accurately the extent or duration of the work or to anticipate costs
Which contract type shall not be used in government contracting?
Cost-plus-a-percentage-of-cost
What is the general guidance provided by the FAR for contractor bid or proposal information?
May not be disclosed to anyone unless they are authorized to receive it
What underlying principle should the contracting officer follow to avoid organizational
conflicts of interest?
Prevent unfair competitive advantage
What are the 3 terms that address specific types of exchanges with offerors after receipt of
proposals?
Communications, discussions, and clarifications
4
