Contracting officer co Study guides, Class notes & Summaries

Performance-base acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance incentives ___________ contracts are characterized by the employer-employee relationship it creates between the Government and the Contractor's personnel Personal Service When deciding how to measure and manage performance, the contracting officer (CO) should consider all of the following - selecting only a few mea...

What is a CO FAR part 2 - FAR 2.101 A person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings. The term includes certain authorized representatives of the contracting officer acting within the limits of their authority as delegated by the contracting officer. A single contracting officer may be responsible for duties in any or all of these areas (ACO or TCO). What is the authority given to a CO. What is the limit of the ...

What does it mean by "an agent of the Government has only the actual authority, not apparent authority? - ANSWER Government representative can not legally commit the Government beyond the limits of his authority. Who usually has actual authority in Government contracting? - ANSWER Contracting Officer (CO) (p35,36,39) Acquisition planning includes... - ANSWER Process where work/effort of all people/personnel responsible for an acquisition are coordinated and integrated through a plan. ...

The Federal Acquisition System was established for the codification and publication of uniform policies and procedures for acquisition by all legislative agencies. True or False? False. " . . .for acquisition by all EXECUTIVE agencies." FAR 1.1 What is the primary document (and agency regulations that implement or supplement this document) of the Federal Acquisition Regulations System? a. Code of Federal Regulations (CFR) b. The Defense Acquisition Regulations (DAR) c. The U.S....

CFCM Practice Test Questions and Answers Graded A+ - Latest Updated 2024/2025 (Solved) How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - answerEvery 5 years A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actionsi s defined as a - answer-determination and findings Contracting officers below the level of ___ shall be selected and appointed - an...

Contracting Officer Representative Course Latest Update Graded A+ FAR Federal Acquisition Regulation FAR must follow 1) commit to fair and open competition 2) ensure responsible use of taxpayer money 3) maintain highest ethical standards COR general responsibilities 1) acquisition planning 2) market research 3) contract/performance management COR traits technical expertise and familiarity with all aspects of the contract COR specific duties 1) furnish technical direction and monitor contract...

AF Contracting Officer Study Guide (unofficial) Exam Questions and Answers *Source Selection* FAR 1.602-2; 3.104-4; 15.207 () Q: What are the CO's responsibilities in source selection? - Answer-1. Procedures to safeguard source selection information. 2. Approve access to/release source selection information. 3. Maintain SS evaluation records. *Source Selection* 2016 DoD Source Selection Manual, 1.4.1.2 () Q: What are the SSA responsibilities? - Answer-1. Proper and efficient conduct...

Cost or Pricing - FAR 15.4 Latest Update Graded A+ Definition of Certified Cost or Pricing Data All facts, that as of the date of price agreement, or if applicable, an earlier date agreed upon between the parties that's as close as practicable to the date of agreement on price, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. Cost or pricing data are factual, not judgmental; and are verifiable. Pricing Policy PCO shall purchase from res...