How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? -
answer✔✔Every 5 years
A form of written approval signed by an authorized official that is required by statute or
regulation as a prerequisite to taking certain contract actionsi s defined as a -
answer✔✔determination and findings
Contracting officers below the level of ___ shall be selected and appointed - answer✔✔a head of
a contracting activity
According to the FAR conventions at Subpart 1.1, each authority is delegable unless -
answer✔✔specifically stated otherwise
When an imperative sentence directs action in the FAR, who is responsible for the action unless
another party is expressly cited? - answer✔✔the CO
Unauthorized commitments are agreements that are NOT binding solely because - answer✔✔the
government representative who made the agreement lacked the authority to enter into it
The simplified acquisition threshold for any contract in support of contingency operations to be
awarded and performed, or purchase to be made, outside of the united states is - answer✔✔1
million
Commercial Item - answer✔✔A non developmental item, if the procuring agency determines the
item was developed exclusively at private expense and sold in substantial quantities, on a
competitive basis, to multiple state and local governments
Consolidating 2 or more requirements for supplies or services, previosuly provided or performed
under seperate smaller contracts, into a solicitation for a single contract that is likely to be
unsuitable for award to a small business concern is defined as - answer✔✔bundling
Which of the following are included in the definitions of "contracts" - answer✔✔letter contracts
and job orders
The government can minimize the opportunity for buying in by using which of the following
techniques - answer✔✔multiyear contracting, priced options, and amortization of nonrecurring
costs
A contractor's arrangements to pay contingent fees for soliciting government contracts have long
been considered contrary to public policy because - answer✔✔they may lead to exercise of
improper influence
____ is any money, fee, commission, credit, gift, gratuity, thing of value, or compensation of any
kind which is provided directly or indirectly, to any prime contractor, prime contractor
employee, subcontractor, or subcontractor employee for the purpose of improperly obtaining or
rewarding favorable treatment in connection with a prime contractor in connection with a
subcontract relating to a prime contract - answer✔✔Kickback
A contract with a corporation shall be signed by - answer✔✔in the corporate name, followed by
the word "by" and the signature and title of the person authorized to sign
Contractors must retain all records pertaining to a government contract for a minimum or __
years - answer✔✔3 years from the date of final payment, unless otherwise specified
Contractor representations and certifications - answer✔✔are submitted through the System for
Award Management
Agencies must implement OMB guidance for personal identity verification when -
answer✔✔contractors have routine physical access to either a federally controlled facility or
information system.
Dollar threshold for public announcement of contract awards - answer✔✔$4,000,000
Acceptable methods for disseminating information on proposed contract actions include -
answer✔✔announcements in magazines at no cost, assisting a local trade association in
disseminating information to their members, and synopsis in the government wide point of entry
What is the minimum response time for receipt of bids or proposals for noncommercial item
solicitations - answer✔✔30 days from the date of publication of a proper notice of intent to
contract
The contracting officer's certification can serve as approval of the justification for other than full
and open competition for a proposed contract NOT exceeding - answer✔✔$700,000
FAR Part 6, "Competition Requirements," applies to which of the following? - answer✔✔A $1M
contract for services
The contracting officer may use competitive proposals in lieu of sealed bids if - answer✔✔it is
necessary to conduct discussions
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