CON 3990/ CON 3990 Exam FAR Parts Actual Exam Answers Graded As per Marking Scheme. A Grade.

CON 3990/ CON 3990 Exam FAR Parts Actual Exam Answers Graded As per Marking Scheme. A Grade. 1. FAR: Federal Acquisition Regulation 2. FAR must follow: 1) commit to fair and open competition 2) ensure responsible use of taxpayer money 3) maintain highest ethical standards 3. COR general responsibilities: 1) acquisition planning 2) market research 3) contract/performance management 4. COR traits: technical expertise and familiarity with all aspects of the contract 5. COR specific duties: 1) furnish technical direction and monitor contract performance 2) maintain independent relationship 3) ensure contractors are paid for authorized services/materials only 4) review, accept, and reject deliverables 6. OFPP: Office of Federal Procurement Policy 7. mission of FAI: ensure the development of a federal acquisition workforce 8. COR planning purpose: 1) validate identified need 2) establish requirements 3) develop elements of the acquisition plan 9. COR planning responsibilities: 1) assist with market research 2) define requirements 10. 2 meanings of solicitation: 1) process of requesting bids from potential conCON 3990/ CON 3990 Exam FAR Parts Actual Exam Answers Graded As per Marking Scheme. A Grade. 2 / 7 tractors 2) physical document requesting bids from potential contractors (RFP, RFB, RFQ) 11. During solicitation, the gov't releases the following to industry: 1) request for proposal (RFP) 2) request for bid (RFB) 3) request for quote (RFQ) 12. COR evaluation step: 1) assessment of proposal using criteria in RFP, RFB, RFQ 2) evaluate nonprice factors 3) input in the TET summary report 13. COR award step: 1) CO issues execution contract signed by all parties 2) notify all unsuccessful parties 3) delegation letter and contract docs and forms given to the COR 14. COR post-award tasks: 1) monitor contractor performance 2) receive and approve invoices 3) assure contractor security 4) maintain documentation 5) assist with close-out .