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CON 3990 Exam FAR Parts/ CON 3990 Exam Updated: Ultimate Study Guide with Practice Questi, Exams of Nursing

CON 3990 Exam FAR Parts/ CON 3990 Exam Updated: Ultimate Study Guide with Practice Questions, Detailed Answer Rationales, and Proven Strategies for Exam Success/CON 3990 Exam FAR Parts

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CON 3990 Exam FAR Parts/ CON 3990 Exam Updated:
Ultimate Study Guide with Practice Questions,
Detailed Answer Rationales, and Proven Strategies
for Exam Success/CON 3990 Exam FAR Parts
FAR Part 1 - <<<correct answer>>>Federal Acquisition Regulation System
FAR Part 2 - <<<correct answer>>>Definitions of Words and Terms
FAR Part 3 - <<<correct answer>>>Improper Business Practices & Personal
Conflicts of Interest
FAR Part 4 - <<<correct answer>>>Administrative Matters
FAR Part 5 - <<<correct answer>>>Publicizing Contract Actions
FAR Part 6 - <<<correct answer>>>Competitive Requirements
FAR Part 7 - <<<correct answer>>>Acquisition Planning
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Download CON 3990 Exam FAR Parts/ CON 3990 Exam Updated: Ultimate Study Guide with Practice Questi and more Exams Nursing in PDF only on Docsity!

CON 3990 Exam FAR Parts/ CON 3990 Exam Updated:

Ultimate Study Guide with Practice Questions,

Detailed Answer Rationales, and Proven Strategies

for Exam Success/CON 3990 Exam FAR Parts

FAR Part 1 - <<>> Federal Acquisition Regulation System FAR Part 2 - <<>> Definitions of Words and Terms FAR Part 3 - <<>> Improper Business Practices & Personal Conflicts of Interest FAR Part 4 - <<>> Administrative Matters FAR Part 5 - <<>> Publicizing Contract Actions FAR Part 6 - <<>> Competitive Requirements FAR Part 7 - <<>> Acquisition Planning

FAR Part 8 - <<>> Required Sources of Supplies and Service FAR Part 10 - <<>> Market Research FAR Part 12 - <<>> Acquisition of Commercial Items FAR Part 13 - <<>> Simplified Acquisition Procedures (SAP) FAR Part 15 - <<>> Contract by Negotiation FAR Part 16 - <<>> Types of Contracts FAR Part 19 - <<>> Small Business Programs FAR Part 31 - <<>> Contract Cost Principles & Procedures FAR Part 33 - <<>> Protests, Disputes, and Appeals FAR Part 42 - <<>> Contract Administration & Audit Services FAR Part 44 - <<>> Subcontracting Policies & Procedures FAR Part 46 - <<>> Quality Assurance

When acquiring commercial items, quality assurance is primarily the responsibility of: - <<>> The contractor Feedback: See FAR 46.202- 1 The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? - <<>> Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement. Feedback: See FAR 19.202- 1 Incentive contracts are designed to obtain specific acquisition objectives by: - <<>> Motivating contractor efforts that might not otherwise be emphasized Feedback: See FAR 16.401(a) Which FAR part is titled "Subcontracting Policies and Procedures"? - <<>> FAR part 44 Feedback: See FAR part 44 You are reviewing a contract that utilizes the uniform contract format. In Section J you see an exhibit. How will the exhibit be displayed? - <<>> With one or two alpha characters (e.g., Exhibit AA) Feedback: See DFARS PGI 204.7105(b)

Where in the FAR can you find guidance on how to establish, maintain, and dispose of Government contract files? - <<>> FAR part 4 Feedback: See FAR subpart 4. Which of the following modifications must be issued bilaterally? - <<>> Making a negotiated equitable adjustment caused by a change order Which of the following is specifically set up to help firms view current Government business opportunities? - <<>> The Governmentwide Point of Entry (GPE) Feedback: See FAR 2.101, definition of "Government point of entry" Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)? - <<>> The DFARS PGI is a companion resource to the DFARS Feedback: See DFARS 202. How many parts are there in the FAR? - <<>> 53 Feedback: See Chapter 1, Title 48 CFR To be determined responsible by a contracting officer, a prospective contractor must: - <<>> Have adequate financial resources to perform the contract, or the ability to obtain them Feedback: See FAR 9.104-1(a)

Feedback: See FAR 16.102(a) The authority of a contracting officer's representative (COR) shall be: - <<>> Designated in writing, with a copy given to the contractor and contract administration office Feedback: See FAR 1.602-2(d)(7) Who is the individual designated and authorized in writing by the contracting officer to perform specific technical or administrative functions? - <<>> Contracting officer's representative Feedback: See FAR 2.101, definition of a contracting officer's representative What type of contract should be used for an item that uses a very large amount of gold and other precious metals in the manufacturing process? - <<>> Fixed-price with economic price adjustment Feedback: See FAR 16. When preparing a solicitation, the quality requirements essential to ensure the integrity of the supplies or services is developed by whom? - <<>> The activity responsible for technical requirements Contractors are required to certify that a claim is made in good faith when submitting any claim exceeding: - <<>> $100, Feedback: See FAR 33.

Which of the following statements is accurate regarding Acquisition Teams? - <<>> The Acquisition Team includes representatives of the technical, supply, and procurement communities, the customers they serve, and the contractors who provide the products and services. Feedback: See FAR 1. With limited exceptions as authorized by agency regulations, what does the FAR say about Government employees soliciting and accepting gifts from contractors? Government employees: - <<>> May not solicit or accept gifts At what dollar value must a contracting officer synopsize a proposed contract action in the Governmentwide point of entry (GPE)? - <<>> Expected to exceed $25, Feedback: See FAR 5.101(a)(1) Two neighbors do not get along very well. One is a contracting officer, and the other works for an auto dealership, that has no contracts with the Government. The auto dealership employee decided to file a protest to a contract that was just awarded, knowing it would add extra work to the contracting officer's day. Can the contracting officer's neighbor file a protest as an interested party? - <<>> No. Feedback: See FAR 33. Which is NOT a type of contracting officer? - <<>> Executive contracting officer Feedback: See FAR 2.101, definition of contacting officer

Feedback: See FAR 9.505-1(b) Which of the following contract modifications must be signed by both the contractor and the contracting officer? - <<>> An agreement definitizing a letter contract Which of the following is accurate about unilateral modifications? - <<>> Are only signed by a Government contracting officer, not the contractor Feedback: FAR 43.103(b) A postaward orientation aids both Government and contractor personnel to: - <<>> Achieve a clear and mutual understanding of all contract requirements and identify and resolve potential problems Feedback: See FAR 42. What is the tool (form) used by DoD to apply a structured profit/fee? - <<>> DD Form 1547, Weighted Guidelines Method Feedback: See DFARS 215.404- 70 What is the general guidance provided by the FAR for contractor bid or proposal information? - <<>> It may not be disclosed to anyone unless they are authorized to receive it Feedback: See FAR 3.104-4(a)

Can a contractor file a protest at any time it chooses? - <<>> No, there are established timeframes within which a contractor must file its protest. Feedback: See FAR 33.103(e), 33.105 & 4 CFR Part 21 Select the action performed early in the acquisition cycle versus at or near contract award. - <<>> The acquisition plan is drafted and approved according to agency policy. Feedback: See FAR 7.104(a) Negotiating positions should be developed through which of the following? - <<>> Price or cost analysis Simplified Acquisition Procedures (SAP) should: - <<>> Promote competition to the maximum extent practicable Feedback: See FAR 13.003(h) Agencies shall conduct market research: - <<>> Appropriate to the circumstances Feedback: FAR 10. It is the Government's policy that before executing a contract, the contracting officer must: - <<>> Obtain written assurance from the responsible fiscal authority that adequate funds are available. Feedback: See FAR 32.702(a)

The contracting officer shall take which of the following actions to encourage small business participation in acquisitions? - <<>> Divide acquisitions into reasonably small lots to permit offers on quantities less than the total requirement. Feedback: See FAR 19.202- 1 Government contract types are grouped into two broad categories: fixed-price contracts and: - <<>> Variable-cost contracts Feedback: See FAR 16.101(b) Incentive contracts are designed to obtain specific acquisition objectives by: - <<>> Motivating contractor efforts that might not otherwise be emphasized Feedback: See FAR 16.401(a) Agencies shall conduct market research: - <<>> Appropriate to the circumstances Feedback: FAR 10. To the maximum extent practicable, acquisition officials shall state requirements of supplies or services in terms of functions to be performed, performance required, or: - <<>> Essential physical characteristics Feedback: FAR 11.002(a)(2)

When using FAR part 12 procedures, the technical evaluation would normally include examination of such things as product literature, product samples (if requested), technical features, and: - <<>> Warranty provisions Feedback: See FAR 12.602(b) Provisions and clauses should be incorporated by reference in solicitations and contracts: - <<>> To the maximum practical extent, rather than being incorporated in full text Feedback: See FAR 52.102(a) Which offerors receive an amendment on a solicitation that has yet to close? - <<>> All parties receiving the solicitation Feedback: See FAR 15.206(b) The purpose of exchanging information with industry before receipt of proposals is to: - <<>> Improve the understanding of Government requirements and industry capabilities Feedback: See FAR 15.201(b) Which of the following is the correct title of a solicitation for negotiated procedures? - <<>> Request for Proposals Feedback: See FAR 2. At what dollar value must a contracting officer synopsize a proposed contract action in the Governmentwide point of entry (GPE)? - <<>> Expected to exceed $25,

You have determined that FAR part 12 applies to your commercial item requirement. Which of the following contract types is appropriate when using FAR part 12 procedures? - <<>> Firm-fixed-price Feedback: See FAR 12. You are a DoD contracting officer and have determined the use of simplified acquisition procedures under FAR part 13 is appropriate for your customer's non- commercial requirement. Given only this information, which award form is most appropriate? - <<>> Standard Form 1449, Solicitation/Contract/Order for Commercial Items Feedback: See DFARS 253.213(f) You're administering a large dollar non-commercial weapons contract. The contracting officer asks to see the Contract Data Requirements List (CDRL) in Exhibit B. Which uniform contract format (UCF) section in your contract would you refer to? - <<>> Section J Feedback: See FAR 14.201-4 & 15.204- 4 Which of the following is specifcally set up to help firms view current Government business opportunities? - <<>> The Governmentwide Point of Entry (GPE) Feedback: See FAR 2.101, definition of "Government point of entry" In evaluating a solicitation, which section of the uniform contract format (UCF) would contain information to the offeror regarding the evaluation factors and subfactors the Government will use to evaluate the offeror's proposal? - <<>> Section M

Feedback: See FAR 14.201-1 & 15.204- 1 Contracting Life Cycle Phases - <<>> 1. Pre-Award

  1. Award
  2. Post Award Communication and Decision Making Bias - <<>> 1. Minimize influence of Personal biases
  3. Maximize the likelihood of a successful result.
  4. Facilitate communication among affected parties. Minimize the Effect of Personal Biases - <<>> The contracting professional should strive to minimize the influence of personal biases. Maximize the likelihood of Successful Results - <<>> 1. AR 1.102- 4(e) states that contracting officers "should take the lead in encouraging business process innovations and ensuring that business decisions are sound." Facilitate Communications Among Affected Parties - <<>> 1. Effective communication minimizes the effect of personal biases, maximizes the likelihood of successful results, and facilitates communications among affected stakeholders.

Post award orientation: - <<>> 1. FAR 42.501(a) states a post award orientation aids both Government and contractor personnel to (1) achieve a clear and mutual understanding of all contract requirements, and (2) identify and resolve potential problems. However, it is not a substitute for the contractor's fully understanding the work requirements at the time offers are submitted, nor is it to be used to alter the final agreement arrived at in any negotiations leading to contract award. Standards of Conduct: - <<>> 1. (FAR 3.101-1). Transactions relating to the expenditure of public funds require the highest degree of public trust and an impeccable standard of conduct. The general rule is to avoid strictly any conflict of interest, or even the appearance of a conflict of interest in government-contractor relationships. Solicitation and Acceptance of Gratuities by Government Personnel - <<>> The overarching rule on accepting gifts from contractor/employees is at (FAR 3.101-2). You may not solicit gifts from anyone, for any reason. This means for yourself or for others. Federal employees are prohibited from soliciting or accepting gifts. Disclosures - <<>> No person or other entity may disclose contractor bid or proposal information or source selection information to any person other than a person authorized, in accordance with applicable agency regulations or procedures, by the agency head or the contracting officer. Contracts with Government Employees: - <<>> A contracting officer shall not knowingly award a contract to a Government employee or to a

business concern or other organization owned or substantially owned or controlled by one or more Government employees (FAR 3.601). Personal Conflicts of interest: - <<>> FAR part 3 covers polices and procedures related to avoiding improper business practices and personal conflicts of interest. A "personal conflict of interest" is a situation where an individual is employed by a defense contractor company and is in a position to materially influence DOD's recommendations and/or decisions and, because of his/her personal activities, relationships, or financial interests, may lack or appear to lack objectivity, or appear to be unduly influenced by personal financial interest. Organizational Conflicts of interest: - <<>> An OCI is the existence of a set of circumstances in which a contractor may be unable to render impartial advice to the government, or might have impaired objectivity in performing contracted work, or may obtain an unfair competitive advantage in the marketplace when competing for government work where that unfair advantage is obtained performing a government contract. There are three broad categories of Organizational Conflicts of interest OCI: - <<>> 1. Unequal Access

  1. Impaired Objectivity
  2. Biased Ground Rules Three basic approaches available to contractors and the Agency for dealing with OCI issues, as follows: - <<>> 1. Avoid - Prevent the occurrence of an actual or potential OCI through actions such as excluding sources from competition or eliminating a segment of work from a contract or task.