CON 1400V - Final Exam with complete
solutions 2024/2025
Which of the following is a key element of a contract administration plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract
administration team members
All of the above - ANSWER-All of the above
The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims - ANSWER-Review the
contract file to identify critical contract requirements and clauses
Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold - ANSWER-
Cost-reimbursement contracts
, True or false: It is the contracting officer's responsibility to identify and demand
payment of contractor debt.
True
False - ANSWER-True
What part of the FAR identifies the required contract file documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6 - ANSWER-FAR 4.803
Before exercising an option, what must the contracting officer determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing government need
All of the above - ANSWER-All of the above
What process is described in the following statement?
Using the technical specifications, COR, or in plant QAS inspects to ensure
supplies/services meet contract requirements.
Government quality assurance
Contractor performance
Government Acceptance
Contractor invoice review - ANSWER-Government quality assurance
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's representative
Only the procuring contracting officer (PCO) and the administrative contracting
officer (ACO)
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