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CON 3990V Exam FAR Parts 2023/Questions and Answers.
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CON 3990V Exam FAR Parts 2023/Questionsand Answers.
-FAR Part 1 - -Federal Acquisition Regulation System
-FAR Part 2 - -Definitions of Words and Terms
-FAR Part 3 - -Improper Business Practices & Personal Conflicts of Interest
-FAR Part 4 - -Administrative Matters
-FAR Part 5 - -Publicizing Contract Actions
-FAR Part 6 - -Competitive Requirements
-FAR Part 7 - -Acquisition Planning
-FAR Part 8 - -Required Sources of Supplies and Service
-FAR Part 10 - -Market Research
-FAR Part 12 - -Acquisition of Commercial Items
-FAR Part 13 - -Simplified Acquisition Procedures (SAP)
-FAR Part 15 - -Contract by Negotiation
-FAR Part 16 - -Types of Contracts
-FAR Part 19 - -Small Business Programs
,-FAR Part 31 - -Contract Cost Principles & Procedures
-FAR Part 33 - -Protests, Disputes, and Appeals
-FAR Part 42 - -Contract Administration & Audit Services
-FAR Part 44 - -Subcontracting Policies & Procedures
-FAR Part 46 - -Quality Assurance
-FAR Part 49 - -Termination of Contracts
-FAR Part 50 - -Extraordinary contractual actions and safety act
-FAR Part 51 - -Use of Government Sources by Contractors
-FAR Part 52 - -Solicitation Provisions and Contract Clauses
-FAR Part 53 - -FORMS
-Contracting Life Cycle Phases - -1. Pre-Award
2. Award
3. Post Award
-Communication and Decision Making Bias - -1. Minimize influence of Personal biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.
-Minimize the Effect of Personal Biases - -The contracting professional should strive to
minimize the influence of personal biases.
, -Maximize the likelihood of Successful Results - -1. AR 1.102-4(e) states that
contracting officers "should take the lead in encouraging business process innovations
and ensuring that business decisions are sound."
-Facilitate Communications Among Affected Parties - -1. Effective communication
minimizes the effect of personal biases, maximizes the likelihood of successful results,
and facilitates communications among affected stakeholders.
-Cost, quality and timeliness of products and services - -1. FAR 1.102-2(a) tells
contracting professionals that a guiding principle is to satisfy customers in terms of cost,
quality, and timeliness of the delivered product or service.
-Contracting Officer Representative (COR) - -1. FAR 1.602-2(d)(7) states that
contracting officers shall designate CORs in writing and furnish copies to the contractor
and the contract administration office
-Standards of conduct - -1. FAR 3.101-1 tells us Government business shall be
conducted in a manner above reproach and, except as authorized by statute or
regulation, with complete impartiality and with preferential treatment for none.
-Methods of disseminating information - -1. For proposed contract actions expected to
exceed $25,000, by synopsizing in theGovernment-wide Point of Entry (GPE).For
proposed contract actions expected to exceed $15,000, but not expected to
exceed$25,000. by displaying in a public place.
-Justification and Approval (J&A) - -2.FAR 6.303-1(a) states a contracting officer shall
not commence negotiations for a sole source contract,commence negotiations for a
contract resulting from an unsolicited proposal, or award any othercontract without
providing for full and open competition unless the contracting officer-
I. Justifies, if required in FAR 6.302, the use of such actions in writing;
II. Certifies the accuracy and completeness of the justification;
III. (and) Obtains the approval required by FAR 6.304.
, -Post award orientation: - -1. FAR 42.501(a) states a post award orientation aids both
Government and contractor personnel to (1) achieve a clear and mutual understanding
of all contract requirements, and (2) identify and resolve potential problems. However,
it is not a substitute for the contractor's fully understanding the work requirements at
the time offers are submitted, nor is it to be used to alter the final agreement arrived at
in any negotiations leading to contract award.
-Standards of Conduct: - -1. (FAR 3.101-1). Transactions relating to the expenditure of
public funds require the highest degree of public trust and an impeccable standard of
conduct. The general rule is to avoid strictly any conflict of interest, or even the
appearance of a conflict of interest in government-contractor relationships.
-Solicitation and Acceptance of Gratuities by Government Personnel - -The overarching
rule on accepting gifts from contractor/employees is at (FAR 3.101-2). You may not
solicit gifts from anyone, for any reason. This means for yourself or for others. Federal
employees are prohibited from soliciting or accepting gifts.
-Disclosures - -No person or other entity may disclose contractor bid or proposal
information or source selection information to any person other than a person
authorized, in accordance with applicable agency regulations or procedures, by the
agency head or the contracting officer.
-Contracts with Government Employees: - -A contracting officer shall not knowingly
award a contract to a Government employee or to a business concern or other
organization owned or substantially owned or controlled by one or more Government
employees (FAR 3.601).
-Personal Conflicts of interest: - -FAR part 3 covers polices and procedures related to
avoiding improper business practices and personal conflicts of interest. A "personal
conflict of interest" is a situation where an individual is employed by a defense
contractor company and is in a position to materially influence DOD's
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