COSG - UNLIMITED WARRANT BOARD EXAM COMPLETE QUESTIONS WITH 100% CORRECT ANSWERS
Contractors who provide products or services to the Federal Government are to be considered members of the Government's "Federal Acquisition Team." True or False?
True. Both FAR 1.102(b)(c) and FAR 1.102-3 note that ...
COSG - UNLIMITED WARRANT BOARD EXAM
COMPLETE QUESTIONS WITH 100% CORRECT
ANSWERS
Contractors who provide products or services to the Federal Government are to be considered
members of the Government's "Federal Acquisition Team." True or False?
True. Both FAR 1.102(b)(c) and FAR 1.102-3 note that the Acquisition Team consists of all in
Government acquisition including not only representatives of the technical, supply, and procurement
communities, but also the customers they serve, and the contractors who provide the products and
services.
Who are the principal customers for the products and services procured under the FAR?
FAR 1.102-2 provides that the principal customers are "the users and line managers acting on behalf
of the American tax payer."
A contracting officer may unilaterally incorporate a new or modified FAR clause into an awarded
contract without consideration? True or False?
False. FAR 1.108(d)(3) provides that "Contracting officers may, at their discretion, include the changes
in any existing contract with appropriate consideration."
What three government officials are personally responsible for compliance with the FAR?
FAR 1.202 provides that "Agency compliance with the FAR is the responsibility of the Secretary of
Defense (for military departments and defense agencies), the Administrator of General Services (for
civilian agencies other than NASA), and the Administrator of NASA (for NASA activities).
What is a D&F?
FAR 1.701 provides that a "Determination and Finding" is a special form of written approval by an
authorized official that is required by statute or regulation as a prerequisite to taking certain contract
actions. The "determination" is a conclusion or decision supported by the "findings." The findings are
statements of fact or rationale essential to support the determination and must cover each
requirement of the statute or regulation.
7 Exception to competition
6.302-1 only one responsible source
6.302-2 unusual and compelling urgency
6.302-3 industrial mobilization, engineering, developmental or research capability, or expert services
6.302-4 international agreement
6.302-5 authorized or required by statute
6.302-6 national security
6.302-7 public interest
5 Exception to certified cost and pricing data
15.403-1
Adequate price competition
Price set by law or regulations
Commercial item
Waiver
Modifying a contract for commercial items
Cost realism
,15.404 is the process of independently reviewing and evaluating specific elements of each offeror's
proposed cost element to determine
Realistic/clear understanding/consistent with proposal
7 Price Analysis technique
15.404-1
Adequate price competition
Historical prices
Parametric estimating
Published price list
IGE
Market Research
Other than Certified cost or Pricing data
UCA
Any contract action for which the contract terms, specs, or pricing is not agreed upon before
performance is begun
7 elements of a responsible contractor
9.104-1
Have adequate financial resources
Comply with delivery or performance schedule
Satisfactory performance record
Have satisfactory integrity and business ethics
Have necessary organization/experience/accounting/and organizational controls/ tech skills
Equipment
Be qualified for award
MIRT members
Technical or requirement activity
Legal
Contracting
Other (finance, SB, DCMA, ACE)
What is a MIRT
Is an independent and objective review process employing cross-functional SME's to provide an
assessment of the sate of the acquisition or source selection to the CAA
What are the MIRT CDP
Pre-Business clearance
Pre-Contract clearance
,Areas of special interest
What are pre-business clearance MIRT briefings
Pre-ASP
Pre-RFP sections L&M
What are pre-contract clearance MIRT briefings
Pre-evaluation brief/pre-competitive range brief/pre-release of interim ratings
Pre-FPR request brief
Pre-Source selection decision brief
What is the Area of special interest (ASI) MIRT briefing
Pre-debriefings
When is a MIRT required
>= $50M
What is contract clearance
For competitive acquisition with discussions:
- Issue FPR request
- Make award decision
Without discussions:
- Make award decision
Non competitive:
Make award decision
What is business clearance
Competitive: issue solicitation
Non-competitive: begin negotiations
Acq Planning
-Commercial items
-Competition
-Contract type
-Consider pre-existing contracts
Cost elements of Section M
Reasonableness
Realism
Balance
Total Evaluated Price
Source selection factors
, -Mission capability (includes technical and risk)
-Past performance
-Cost or Price
- Cost/Price Risk
What is considered in Risk Ratings for subfactors
Increase to cost/schedule/performance
2 principles of OCI
-Preventing conflicting roles that would bias a contractors judgement
-Preventing unfair competitive advantage
What do you need to release solicitation before R&D or Procurement Funds are available
-Program listed in POTUS budget to congress
-PM must provide a written statement to CO cord through Senior FM
What do you need to release solicitation before O&M or annual appropriations funds are available
Memo signed by
-Requirement Activity Functional Commander/Director
-COCO
-Comptroller
What are the 4 steps to minimize defective pricing? FAR 15.4
a. Obtain DCAA audits prior to negotiation
b. Audit work in process
c. Pressure Contractor to correct deficiencies
d. Have Contractor evaluate subcontract proposals properly
What is the reference for Acq plan (AP) and location of template?
AFFARS 5307.105
Color of Money
3400-O&M-1 year
3600-R&D-2 year
3080-procurement-3 year
What are the elements of a contract?
a. Legal capacity
b. Offer
c. Acceptance
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LectDan. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.59. You're not tied to anything after your purchase.
