CON 3900 Administer Contracts test questions and answers.
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Module
CON 3900
Institution
CON 3900
The CO is a person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings.
True
What part of teh FAR prescribes policies and procedures for assigning and perofrming contract administration and contract audit services?
42
The...
CON 3900 Administer Contracts
test questions and answers
The CO is a person with the authority to enter into, administer,
and/or terminate contracts and make related determinations and
findings.
True
What part of teh FAR prescribes policies and procedures for
assigning and perofrming contract administration and contract audit
services?
42
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The CO may delegate additional functions to the CAO beyond those
listed in FAR 42.302
False
In a postaward meeting, the CO will conduct a preliminary meeting
of government personnel and will designate or act as teh
chairperson at the conference. True or Fals1
, True
What should the contract management plan include, other than
being as simple and precise as possible?
What must me done. When it must take place. Who must do it. How
it is to be accomplished. Where it is to be accomplished.
True or False: The COR plays an important role in the postaward
phase of the acquisition and is the eyes and ears of the contracting
officer.
True
True or False: The DD Form 1484A may be used in conducting the
conference and in preparing the conference report.
True
True or False: All invoice payments, with the exception of interim
payments on cost reimbursement contracts for services, must be
supported by a receiving report or other goverment documentation
authorizing payment.
True
The government will not make invoice payment earlier than 7 days
prior to the due dates specified in the contract unless what is
determined by the agency head?
To make earlier payment on a case-by-case basis. That the use of
accelerated payment methods are necessary.
What are some examples of contract financing methods?
Progress payment. Loan Guarantees. Performance base payments.
Advanced payments. Partial Delivery Payments.
Contracting Officers can only provide property to contractors when
what is clearly demonstrated?
It is in the government's best interest. Overal benefit significantly
outweighs the increased cost of admin. Does not substantially
increase the gov'ts assumption of risk. Goverment requirments
cannot otherwise be met.
True or False: Government property shall normall be provided on a
rent-free basis in performance of the contract under which it is
accountable or otherwise authorized.
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