DAWIA FAC-C Certification Exam
Preparation Guide Questions and
Answers 2025 Top Rated A+
Contract action synopsizing
A contracting officer must synopsize a proposed contract action
expected to exceed $25,000.
Focal point of exchange with potential offerors
The contracting officer must be the focal point after release of the
solicitation.
Overarching principle for responding to questions
Fairness.
Governmentwide point of entry (GPE)
A platform where contracting officers must publicize notice of
proposed contract actions.
Common response time
Establishing a uniform response time for all offerors from the date
of publication.
Independent government estimate
An estimate that must be included in the notice of proposed
contract actions.
Contract line items
Specific items in a contract that may need to be reorganized if
issues arise.
FAR part 6
The best source of information regarding competition
requirements.
FAR part 12
Applies to commercial item requirements.
Fixed-price incentive contract
A contract type that may be appropriate under FAR Part 12
procedures.
Standard Form 30
,Used for Amendment of Solicitation/Modification of Contract.
Standard Form 1449
Used for Solicitation/Contract/Order for Commercial Items.
Contract Data Requirements List (CDRL)
A list that may be referred to in Section J of the uniform contract
format.
Section A
A section in the uniform contract format.
Section C
A section in the uniform contract format.
Section I
A section in the uniform contract format that contains contract
clauses.
Section L
Contains instructions, conditions, and notices to offerors or
respondents.
Section M
Contains evaluation factors for award.
GSA Advantage
A platform that helps firms view current government business
opportunities.
Proposal manager
Responsible for leading a company's effort to win a contract.
Pricing strategy
Developed by a contractor in a competitive environment.
Unbalanced pricing
A pricing strategy where the contractor submits an offer below
anticipated costs with the plan to recover any losses by increasing
the price on follow-on efforts.
Buying-in
A pricing strategy where a contractor submits a bid below cost to
secure a contract, intending to recover losses later.
Defective pricing
A situation where a contractor provides cost or pricing data that is
not accurate, complete, or current.
, Marginal value pricing
A pricing strategy based on the additional value that a product or
service provides to the buyer.
Fixed-price with economic price adjustment
A contract type that allows for price adjustments based on
economic conditions.
Firm-fixed-price with performance-based payments
A contract type where the price is fixed and payments are based
on performance metrics.
Cost-plus-award fee
A contract type that reimburses costs and provides an additional
fee based on performance.
Time-and-materials
A contract type that pays for labor at specified rates and materials
at cost.
Undefinitized costs
Costs that have not been formally defined or agreed upon in a
contract.
Fee bearing costs
Costs that are subject to a fee in a cost-reimbursement contract.
Indirect to the acquisition
Costs that are not directly associated with the acquisition of a
product or service.
Expressly unallowable costs
Costs that are specifically disallowed by contract terms or
regulations.
Responsive sources
Suppliers or contractors that meet the requirements and
conditions set forth in a solicitation.
Responsible sources
Suppliers or contractors that have the capability and integrity to
perform the contract.
Sole source and competitive
The two types of negotiated acquisitions.
Source selection objective
Preparation Guide Questions and
Answers 2025 Top Rated A+
Contract action synopsizing
A contracting officer must synopsize a proposed contract action
expected to exceed $25,000.
Focal point of exchange with potential offerors
The contracting officer must be the focal point after release of the
solicitation.
Overarching principle for responding to questions
Fairness.
Governmentwide point of entry (GPE)
A platform where contracting officers must publicize notice of
proposed contract actions.
Common response time
Establishing a uniform response time for all offerors from the date
of publication.
Independent government estimate
An estimate that must be included in the notice of proposed
contract actions.
Contract line items
Specific items in a contract that may need to be reorganized if
issues arise.
FAR part 6
The best source of information regarding competition
requirements.
FAR part 12
Applies to commercial item requirements.
Fixed-price incentive contract
A contract type that may be appropriate under FAR Part 12
procedures.
Standard Form 30
,Used for Amendment of Solicitation/Modification of Contract.
Standard Form 1449
Used for Solicitation/Contract/Order for Commercial Items.
Contract Data Requirements List (CDRL)
A list that may be referred to in Section J of the uniform contract
format.
Section A
A section in the uniform contract format.
Section C
A section in the uniform contract format.
Section I
A section in the uniform contract format that contains contract
clauses.
Section L
Contains instructions, conditions, and notices to offerors or
respondents.
Section M
Contains evaluation factors for award.
GSA Advantage
A platform that helps firms view current government business
opportunities.
Proposal manager
Responsible for leading a company's effort to win a contract.
Pricing strategy
Developed by a contractor in a competitive environment.
Unbalanced pricing
A pricing strategy where the contractor submits an offer below
anticipated costs with the plan to recover any losses by increasing
the price on follow-on efforts.
Buying-in
A pricing strategy where a contractor submits a bid below cost to
secure a contract, intending to recover losses later.
Defective pricing
A situation where a contractor provides cost or pricing data that is
not accurate, complete, or current.
, Marginal value pricing
A pricing strategy based on the additional value that a product or
service provides to the buyer.
Fixed-price with economic price adjustment
A contract type that allows for price adjustments based on
economic conditions.
Firm-fixed-price with performance-based payments
A contract type where the price is fixed and payments are based
on performance metrics.
Cost-plus-award fee
A contract type that reimburses costs and provides an additional
fee based on performance.
Time-and-materials
A contract type that pays for labor at specified rates and materials
at cost.
Undefinitized costs
Costs that have not been formally defined or agreed upon in a
contract.
Fee bearing costs
Costs that are subject to a fee in a cost-reimbursement contract.
Indirect to the acquisition
Costs that are not directly associated with the acquisition of a
product or service.
Expressly unallowable costs
Costs that are specifically disallowed by contract terms or
regulations.
Responsive sources
Suppliers or contractors that meet the requirements and
conditions set forth in a solicitation.
Responsible sources
Suppliers or contractors that have the capability and integrity to
perform the contract.
Sole source and competitive
The two types of negotiated acquisitions.
Source selection objective
