Exam (elaborations)
CORB - FAR Part 42.
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Exam of 16 pages for the course Small Business Programs & Subcontracting Plans at Small Business Programs & Subcontracting Plans (CORB - FAR Part 42.)
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CORB - FAR Part 42Cognizant Federal Agency - ANS-FAR 42.003(a) For contractors other than educational
institutions and nonprofit organizations, the cognizant Federal agency normally will be
the agency with the largest dollar amount of negotiated contracts, including options. For
educational institutions (defined as institutions of higher education in the OMB Uniform
Guidance at 2 CFR part 200, subpart A, and 20 U.S.C. 1001) and nonprofit
organizations (as defined in the OMB Uniform Guidance at 2 CFR part 200), the
cognizant Federal agency for indirect costs is established according to the OMB
Uniform Guidance at 2 CFR part 200, appendices III and IV, respectively.
FAR 2.101
"Cognizant Federal agency" means the Federal agency that, on behalf of all Federal
agencies, is responsible for establishing final indirect cost rates and forward pricing
rates, if applicable, and administering cost accounting standards for all contracts in a
business unit.
Purpose of Interagency Agreements - ANS-FAR 42.0002(a) The purpose is to avoid
duplicate audits, reviews, inspections, and examinations of contractors or
subcontractors, by more than one agency.
The cognizant Federal Agency normally _______________. - ANS-FAR 42.0003(a) The
cognizant Federal agency normally will be the agency with the largest dollar amount of
negotiated contracts, including options.
The Auditor is responsible for _______________________. - ANS-FAR 42.101(a)
(a) The auditor is responsible for --
(1) Submitting information and advice to the requesting activity, based on the auditor's
analysis of the contractor's financial and accounting records or other related data as to
the acceptability of the contractor's incurred and estimated costs;
(2) Reviewing the financial and accounting aspects of the contractor's cost control
systems; and
(3) Performing other analyses and reviews that require access to the contractor's
financial and accounting records supporting proposed and incurred costs.
The __________ is responsible for managing its subcontracts.
,Supporting contract administration shall not be used for subcontracts unless what
conditions exist? - ANS-FAR 42.202(e)(2)
The prime contractor is responsible for managing its subcontracts. The CAO's review of
subcontracts is normally limited to evaluating the prime contractor's management of the
subcontracts (see Part 44). Therefore, supporting contract administration shall not be
used for subcontracts unless --
(i) The Government otherwise would incur undue cost;
(ii) Successful completion of the prime contract is threatened; or
(iii) It is authorized under paragraph (f) of this section or elsewhere in this regulation.
(f) Special surveillance. For major system acquisitions (see Part 34), the contracting
officer may designate certain high risk or critical subsystems or components for special
surveillance in addition to requesting supporting contract administration. This
surveillance shall be conducted in a manner consistent with the policy of requesting that
the cognizant CAO perform contract administration functions at a contractor's facility
(see 42.002).
- ANS-
What are normal contract administration functions delegated to the CAO? Can the CO
retain any of these? - ANS-FAR 42.302(a)
The contracting officer normally delegates the following contract administration
functions to a CAO. The contracting officer may retain any of these functions, except
those in paragraphs (a)(5), (a)(9), (a)(11) and (a)(12) of this section, unless the
cognizant Federal agency (see 2.101) has designated the contracting officer to perform
these functions.
(1) Review the contractor's compensation structure.
(2) Review the contractor's insurance plans.
(3) Conduct post-award orientation conferences.
, (4) Review and evaluate contractors' proposals under Subpart 15.4 and, when
negotiation will be accomplished by the contracting officer, furnish comments and
recommendations to that officer.
(5) Negotiate forward pricing rate agreements (see 15.407-3).
(6) Negotiate advance agreements applicable to treatment of costs under contracts
currently assigned for administration (see 31.109).
(7) Determine the allowability of costs suspended or disapproved as required (see
Subpart 42.8), direct the suspension or disapproval of costs when there is reason to
believe they should be suspended or disapproved, and approve final vouchers.
(8) Issue Notices of Intent to Disallow or not Recognize Costs (see Subpart 42.8).
(9) Establish final indirect cost rates and billing rates for those contractors meeting the
criteria for contracting officer determination in Subpart 42.7.
(10) Attempt to resolve issues in controversy, using ADR procedures when appropriate
(see Subpart 33.2); prepare findings of fact and issue decisions under the Disputes
clause on matters in which the administrative contracting officer (ACO) has the authority
to take definitive action.
(11) In connection with Cost Accounting Standards (see 30.601 and 48 CFR Chapter 99
(FAR Appendix))--
(i) Determine the adequacy of the contractor's disclosure stateme
When may additional functions not listed in 42.302 be delegated to the CAO? -
ANS-42.302(c)
(c) Any additional contract administration functions not listed in 42.302(a) and (b), or not
otherwise delegated, remain the responsibility of the contracting office.
What functions may the CAO perform when and to the extent specifically authorized by
the contracting officer? - ANS-42.302(b)
The CAO shall perform the following functions only when and to the extent specifically
authorized by the contracting office:
(1) Negotiate or negotiate and execute supplemental agreements incorporating
contractor proposals resulting from change orders issued under the Changes clause.
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