CFCM Exam

Which of the following is NOT a reason to contract for Advisory and Assistance services? - Answer-Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials Which of the following contract types is prohibited by the Federal Acquisition Regulation for federal agencies and prime contractors? - Answer-cost-plus-a-percentage-of-cost The Contract Disputes statute covers - Answer-claims by a contractor against the Government. Performance-based contracts - Answer-use measurable performance standards and quality assurance surveillance plans. Options for increased quantities of supplies/services may NOT be expressed in terms of - Answer-a range of quantities for various line items. Solicitations for commercial items shall require offerors to offer the Government - Answer-the same warranty terms offered to the general public. _______________ contracts are characterized by the employer-employee relationship it creates between the Government and the contractor's personnel. - Answer-Personal services When the time of delivery or timely performance is so important that the Government may reasonably expect to suffer damage if the delivery or performance is delinquent; and the extent or amount of such damage would be difficult or impossible to estimate accurately or prove, then what type of assessment may occur? - Answer-Liquidated damages Which response best describes a letter contract? - Answer-Normally a brief, written preliminary contractual instrument that authorizes a contractor to begin performance immediately. What should the Contracting Officer describe in a performance work statement for a performance-based acquisition,? - Answer-The work in terms of the required results. The government's preferred remedy when terminating a contract for a commercial item for cause will be - Answer-to acquire similar items from another contractor and to charge the defaulted contractor with any excess reprocurement costs. In terms of being a responsible government contractor, any prime contractor that provides Government property to a subcontractor... - Answer-is still responsible for the property in accordance with the terms of the prime contract. Submitting an offer below anticipated costs and expecting to increase the contract amount after award, is called: - Answer-Buying-in