Exam (elaborations)
FAR part 12 Acquisition of Commercial Items (1).
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- NC Commercial Contractor
- Institution
- NC Commercial Contractor
FAR part 12 Acquisition of Commercial Items (1).
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FAR part 12 Acquisition of CommercialItems
When the contracting officer terminates a contract for commercial items for the
Government's convenience, the contractor shall be paid?
12.403(d) - ANS-(A) The percentage of the contract price reflecting the percentage of
the work performed prior to the notice of the termination for fixed-price or fixed-price
with economic price adjustment contracts, or:
(B) An amount for direct labor hours (as defined in the Schedule of the contract)
determined by multiplying the number of direct labor hours expended before the
effective date of termination by the hourly rates(s) in the Schedule; and
(C) Any charges the contractor can demonstrate directly resulted from the termination.
Which clause permits the Government to terminate a contract for commercial items
either for the convenience of the Government or for "cause"
12.403(a) - ANS-52.212-4
the requirements of Part ____ do not apply when terminating contracts for commercial
items
12.403(a) - ANS-FAR part 49
A termination for cause should not be executed if an ____________ exists. 12.403(c)(1)
- ANS-Excusable delay.
The KTR is required to notify the KO of any excusable delay as early as possible
What remedies are available to the gov't for a T4C - ANS-All remedies available in
commercial market including damages. Gov't has a responsibility to mitigate (limit,
reduce, eliminate) damages
The Government's preferred remedy to a termination will be to:
12.403(c)(2) - ANS-acquire similar items from another contractor and to charge the
defaulted contractor with any excess reprocurement costs together with any incidental
or consequential damages incurred because of the termination
The KOs notice of termination for cause shall, at a minimum:
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