CFCM Test (2025) || Questions & 100%
Accurate Solutions
Conceptial Research 2025
, CFCM Test (2025) || Questions & 100%
Accurate Solutions
What is the vision for federal acquisition?
Timely
$PS
Policy and Trust - ANSWER - deliver on a timely basis the best value product or service
to the customer, while maintaining the public's trust and fulfilling public policy objectives
FAR 1.102(a)
What is the FAR system? - ANSWER - for acquisitions by all executive branches
What is the FAR system? - ANSWER - The FAR and all agency acquisition regulations
that implement or supplement the FAR
What are the guiding principles?
CQT for the PS - ANSWER - Satisfy the customer in terms of cost, quality, and
timeliness of the delivered product or service
FAR 1.102 (b)
What are the guiding principles?
CommPS
PastP
Compet. - ANSWER - Maximizing the use of commercial products and services;
Using contractors who have a track record of successful past performance or who
demonstrate a current superior ability to perform; and
(iii) Promoting competition;
FAR 1.102 (b)
What are the guiding principles?
Admin C
Ifo
Policy - ANSWER - (2) Minimize administrative operating costs;
(3) Conduct business with integrity, fairness, and openness; and
(4) Fulfill public policy objectives.
FAR 1.102 (b)
Who is on the acquisition team and what are their roles? - ANSWER - The Acquisition
Team consists of all participants in Government acquisition the customers they serve,
and the contractors who provide the products and services
FAR 1.102-4(a)
, How do agencies and the public participate in setting acquisition
policies and procedures?
Significant written 30 to 60 days
Not significant needs no comments
Written unsolicited comments with Data Changed
Public meetings to add amend or delete significant portions
Agencies can tighten regulations
If conflict must publish in the federal register - ANSWER - Views of agencies and
nongovernmental parties or organizations will be
considered in formulating acquisition policies and procedures.
•The opportunity to submit written comments on proposed significant revisions shall be
provided by placing a notice in the Federal Register. A minimum of
30 days and, normally, at least 60 days will be given for the receipt of comments.
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - •Comments need not be solicited when the
proposed coverage does not constitute a significant revision.
•Consideration shall also be given to unsolicited recommendations for revisions that
have been submitted in writing with sufficient data and rationale to permit their
evaluation.
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - •Public meetings may be appropriate when a
decision to adopt, amend, or delete
FAR coverage is likely to benefit from significant additional views and discussion
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - Agencies may issue agency acquisition
regulations that implement or supplement the FAR and incorporate, together with the
FAR, agency policies, procedures, contract clauses, solicitation provisions, and forms
that govern the contracting process.
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - •Agency acquisition regulations shall not—
-Unnecessarily repeat, paraphrase, or otherwise restate material contained in the FAR
or higher-level agency acquisition regulations; or
-Conflict or be inconsistent with FAR content.
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - •Agency acquisition regulations are published for
comment in the Federal Register when they have a significant effect beyond the internal
Accurate Solutions
Conceptial Research 2025
, CFCM Test (2025) || Questions & 100%
Accurate Solutions
What is the vision for federal acquisition?
Timely
$PS
Policy and Trust - ANSWER - deliver on a timely basis the best value product or service
to the customer, while maintaining the public's trust and fulfilling public policy objectives
FAR 1.102(a)
What is the FAR system? - ANSWER - for acquisitions by all executive branches
What is the FAR system? - ANSWER - The FAR and all agency acquisition regulations
that implement or supplement the FAR
What are the guiding principles?
CQT for the PS - ANSWER - Satisfy the customer in terms of cost, quality, and
timeliness of the delivered product or service
FAR 1.102 (b)
What are the guiding principles?
CommPS
PastP
Compet. - ANSWER - Maximizing the use of commercial products and services;
Using contractors who have a track record of successful past performance or who
demonstrate a current superior ability to perform; and
(iii) Promoting competition;
FAR 1.102 (b)
What are the guiding principles?
Admin C
Ifo
Policy - ANSWER - (2) Minimize administrative operating costs;
(3) Conduct business with integrity, fairness, and openness; and
(4) Fulfill public policy objectives.
FAR 1.102 (b)
Who is on the acquisition team and what are their roles? - ANSWER - The Acquisition
Team consists of all participants in Government acquisition the customers they serve,
and the contractors who provide the products and services
FAR 1.102-4(a)
, How do agencies and the public participate in setting acquisition
policies and procedures?
Significant written 30 to 60 days
Not significant needs no comments
Written unsolicited comments with Data Changed
Public meetings to add amend or delete significant portions
Agencies can tighten regulations
If conflict must publish in the federal register - ANSWER - Views of agencies and
nongovernmental parties or organizations will be
considered in formulating acquisition policies and procedures.
•The opportunity to submit written comments on proposed significant revisions shall be
provided by placing a notice in the Federal Register. A minimum of
30 days and, normally, at least 60 days will be given for the receipt of comments.
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - •Comments need not be solicited when the
proposed coverage does not constitute a significant revision.
•Consideration shall also be given to unsolicited recommendations for revisions that
have been submitted in writing with sufficient data and rationale to permit their
evaluation.
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - •Public meetings may be appropriate when a
decision to adopt, amend, or delete
FAR coverage is likely to benefit from significant additional views and discussion
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - Agencies may issue agency acquisition
regulations that implement or supplement the FAR and incorporate, together with the
FAR, agency policies, procedures, contract clauses, solicitation provisions, and forms
that govern the contracting process.
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - •Agency acquisition regulations shall not—
-Unnecessarily repeat, paraphrase, or otherwise restate material contained in the FAR
or higher-level agency acquisition regulations; or
-Conflict or be inconsistent with FAR content.
Re: FAR 1.5
How do agencies and the public participate in setting acquisition
policies and procedures? - ANSWER - •Agency acquisition regulations are published for
comment in the Federal Register when they have a significant effect beyond the internal
