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What is a Certificate of Competency - answer-A certificate issued by the SBA stating that the holder is responsible for the purpose of receiving and performing a specific Government contract Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? - answer-$35, What can a contractor access online at www.fedbizopps.gov? - answer-The government wide point of entry Size Standards - answer-FAR 19.102(b)(3): "(Small business size standards are applied by) Specifying the size standard in the solicitation so that offerors can appropriately represent themselves as small or large"
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When may an agency be required to use simplified acquisition procedures? - answer-When the value of the contract is $100, How is the publication of a paid advertisement in a newspaper authorized? - answer-FAR 5.502 "Authority to approve the publication of paid advertisements in the newspaper is vested in the head of each agency. This approval authority may be delegated" Must be a written authorization from the head of the agency. The unilateral right in a contract by which the government may elect to purchase additional supplies or services called for by the contract is called what? - answer-Option If a prospective contractor is qualified and eligible to receive award, but lacks adequate financial resources to perform the contract, can the contractor be determined responsible? - answer-If the contractor presents evidence of the ability to obtain adequate
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Which FAR part prescribes policies and procedures unique to the acquisition of commercial items? - answer-FAR Part 12 Which of the following is necessarily rue about a cost that is assignable or chargeable to one of the most cost objectives on the basis of relative benefits received or other equitable relationship? - answer-The cost is allocable A defense subcontractor provides a gift of vehicles to a prime contractor, and in return the prime contractor awards the subcontractor a valuable military subcontract. What will happen next? - answer-The prime contractor and the subcontractor are subject to civil and criminal penalties A mineral required for production in performance of a contract is not mined in the United States, but can be acquired from another country. How does the Buy
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American statute apply in this case? - answer-The mineral can be acquired from a foreign source if it is in the best interest of the Government. Which contract types allow for disallowing costs during the course of performance, after the costa have been incurred? - answer-Cost reimbursement contracts, the cost-reimbursement portion of fixed-price contracts, letter contracts that provide for reimbursement of costs, and time and material and labor-hour contracts provide for disallowing costs during the course of performance after the costs have been incurred. When it is in the best interest of the Government to consider award to other than the highest technically rated offeror, which of the following should the Government use to select the source? - answer-A tradeoff process
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Who is authorized to sign a contract on behalf of the US? - answer-Only the Contracting Officer A cash fund of fixed amount established by an advance of funds, for disbursement in cash for relatively small amounts is called what? - answer-Imprest Fund The Governments policy is to try to resolve all contractual issues in controversy by what? - answer- Mutual agreement at the contracting officers level Which of the following does not justify the use of emergency acquisition flexibilities? - answer-The acquisition is to replace Government property that was involved in a crime. Which function must be delegated to a CAO if the agency has not designated the CO to perform it? - answer-Negotiate forward price agreements
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Which of the following is not an example of information technology? - answer-A buildings digital thermostat Assuming no other exceptions exist, in which of the following cases shall certified cost or pricing data be obtained? - answer-A negotiated procurement is expected to exceed $750, This is a technique used to promote the early exchange of information with industry. - answer-Market Research When evaluating a proposal, what rating method is an agency required to use to assess the evaluation factors specified in the solicitation? - answer-FAR 15.305(a): "An agency shall evaluate competitive proposals and then assess their relative qualities solely on the factors and subfactors specified in the solicitation. Evaluations may be conducted using any rating method or
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and an agreement to an equitable adjustment in contract terms A contractor infringes on a copyright with the authorization of the Government. What remedy is available to the copyright holder? - answer-FAR 27.201- 1(a): "Pursuant to 28 U.S.C. 1498, the exclusive remedy for patent or copyright infringement by or on behalf of the Government is a suit for monetary damages against the Government in the Court of Federal Claims. There is no injunctive relief available, and there is no direct cause of action against a contractor that is infringing a patent or copyright with the authorization or consent of the Government (e.g., while performing a contract)." In the FAR citation "FAR 25.1102(a)(2)," what is referred to by the number 11? - answer-Subpart 25. What contract type is generally used to acquire construction? - answer-FAR 36.207(a): "Generally, firm-
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fixed-price contracts shall be used to acquire construction." Which of the following would be necessary for sealed bidding to be appropriate? - answer-The award will be made on the basis of price and price-related factors Which of the following is true about acquisitions for which the World Trade Organization Government Procurement Agreement applies? - answer-The contracting officer must not include technical requirements in solicitations solely to preclude the acquisition of eligible products Who is generally responsible for granting approval of a contractor's purchasing system? - answer-FAR 44.305- 1: "The cognizant ACO is responsible for granting, withholding, or withdrawing approval of a contractor's purchasing system." The administrative contracting officer
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In general, which of the following methods of contract financing is least preferred by the Government? - answer-Advance payment Which of the following is the Government permitted to do after receipt of proposals? - answer-Make an award without holding discussions, if the solicitation says this is intended Which of the following public relations or advertising costs would be unallowable? - answer-Hosting a ceremony to announce a new product A contract that is awarded using other than sealed bidding procedures is what? - answer-A negotiated contract Generally, when shall acquisitions of supplies or services be automatically reserved exclusively for small
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business concerns and set aside for small businesses? - answer-When the anticipated dollar value exceeds $3,500 but does not exceed $150, What is the minimum amount of information that a request for proposals for competitive acquisitions shall contain? - answer-FAR 15.203(a): "RFPs for competitive acquisitions shall, at a minimum, describe the Government's requirement; Anticipated terms and conditions that will apply to the contract; Information required to be in the offeror's proposal; and Factors and significant subfactors that will be used to evaluate the proposal and their relative importance." When is posting an RFQ on e-Buy required? - answer- When the order contains brand-name specifications In an acquisition plan, which of the following is a responsibility of the agency head (or the agency head's designee)? - answer-Promoting and providing for full and open competition
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the government recognizes the transfer of the contract and related assets is called what? - answer-Novation agreement Which of the following contract types would be most appropriate for acquisition of a commercial item if the contract was not awarded using competitive procedures? - answer-Firm-fixed-price When requesting information from potential sources in market research, which of the following should agencies do? - answer-Request the minimum amount of information necessary Except for copyrighted works, what rights does the Government acquire in data first produced in the performance of a contract? - answer-Unlimited rights What is a CPSR and what is its purpose? - answer- Contractor Purchasing System Review; to evaluate the
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efficiency and effectiveness with which the contractor spends Government funds Which of the following is not a function of the General Services Administration? - answer-Managing schedule contracting for military items What is the purpose of first article testing and approval? - answer-To ensure that a contractor can furnish a product that conforms to all contract requirements for acceptance For research and development work performed under a cost-plus-fixed-fee contract, what is the maximum fee that may be negotiated? - answer-15 percent of the contract's estimated cost, excluding fee Which of the following is true about the priority of DPAS-rated order - answer-FAR 11.603(a): "There are two levels of priority for rated orders established by the DPAS, identified by the rating symbols "DO" and "DX".
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When a make-or-buy program is required of a contractor, how should major items be categorized? - answer-"Must make," "must buy," or "can either make or buy" Except with the approval of the head of the agency, in which of the following cases shall a contract for construction of a project not be awarded? - answer-The offeror is the firm that designed the project A contractor receives a refund relating to an allowable cost. What shall the contractor do with the applicable portion of the refund? - answer-The contractor may credit it to the Government either as a cost reduction or a cash refund Drawings submitted by a contractor to show the construction of a particular structure as actually completed under the contract are called what? - answer-Record drawings
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At the lowest level, who is directly responsible for reviewing an agency's contracting operations and identifying and reporting opportunities and actions taken to acquire commercial items to meet its needs? - answer-The agency advocate for competition Which of the following terms means a list of products that have been examined and tested, and have satisfied all applicable requirements? - answer-: Qualified products list A contractor transfers its right to be paid by the Government for contract performance to a trust company. What is this called? - answer-Assignment of a claim Which of the following is an inherently governmental function? - answer-Interviewing applicants for Federal employment
