WARRANT BOARD EXAM|COMPLETE QUESTIONS WITH A+ GRADED ANSWERS
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WARRANT BOARD
Institution
WARRANT BOARD
WARRANT BOARD EXAM|COMPLETE QUESTIONS WITH A+ GRADED ANSWERS
Explain the difference between business clearance and contract clearance and circumstances for use, and the overall objectives of the process.
Business clearance:
1. For competitive acquisitions the approval to issue the solicitation
...
WARRANT BOARD EXAM|COMPLETE
QUESTIONS WITH A+ GRADED ANSWERS
Explain the difference between business clearance and contract clearance and circumstances for use,
and the overall objectives of the process.
Business clearance:
1. For competitive acquisitions the approval to issue the solicitation
2. For non-competitive acquisitions the approval to begin negotiations
Contract Clearance:
1. For competitive acquisitions without discussion, the approval from the SSA to award
2. For competitive acquisitions with discussions, the approval to request final proposal revisions and
then make a source selection decision
Objectives:
1. Implement approved acquisition strategies
2. Fair and reasonable business arrangements
3. Consistent with laws, regulations and policies
4. Independent review and assessment
1. Briefly explain the difference between an unauthorized commitment and ratification?
2. What conditions are required in order to ratify and unauthorized commitment?
3. What are the thresholds for ratifying an unauthorized commitment?
Unauthorized commitment: an agreement that is not binding because the government official lacked
the authority to enter into it.
Ratification: the act of approving an unauthorized commitment.
Required conditions:
1. Supplies or services were provided to and accepted by the government and the government will
obtain a benefit
2. The ratifying official has the authority to enter into contractual agreement
3. The resulting contract would have been proper if entered into appropriately
4. Price fair and reasonable
5. CO recommends payment and legal agrees
6. Funds are available at the time the unauthorized commitment was made
7. In accordance with other agency procedures
Thresholds:
MAJCOM for greater than $30K
COCO for less than $30K
Within 30 CONS who has CCA and what is their approval authority threshold?
CO - <$500K
Flight Chief - $500K-$1M
LGCP - all over $500K
COCO - over $1M
MAJCOM - over $10M
AFPEO/SV - over $100M
Except for commercial items, whenever an agency is required to publish a notice or synopsize a
proposed contract action, it must be published on the Government wide point or entry (GPE) at least
how many days before issuance of the solicitation?
15 Days
, What is CICA and describe the 3 levels of competition in contracting found in FAR part 6?
Competition in Contracting Act (CICA):
1. Full and Open
2. Full and Open with Exclusion of Sources
3. Other than Full and Open
What are the 7 exceptions to "Other Than Full and Open Competition"
1. Only one reasonable source
2. Unusual and compelling urgency
3. Industrial mobilization, R&D, engineering, expert services
4. International agreements
5. Authorized or required by statute
6. National security
7. Best interest of the public
At what dollar value is a Streamlined Acquisition Strategy Summary (SASS) required, and at what level
is it approved?
All acquisitions from SAT to $10M the CO must complete a SASS and the approving official is one level
above the CO. At the discretion of the CO a Acquisition Plan (AP) may be used if more appropriate.
What is meant by the term "Responsible prospective contractor"? What must a contractor do to be
determined responsible?
Contractors must have all of the following:
1. Adequate financial resources to perform the contract or the ability to obtain them
2. Be able to comply with the required or proposed PoP or delivery schedule
3. Have a satisfactory performance record
4. Have the necessary organization, experience, accounting and operational controls as well as the
proper technical skills or the ability to obtain them
5. Have the necessary production, construction and technical equipment or facilities or the ability to
obtain them
6. Be qualified and eligible to receive the award under applicable laws and regulations
The extent of market research will vary depending on such factors as urgency, estimated dollar value,
complexity and past experience. identify at least three issues that should be addressed as part of
market research.
(i) Whether the Government's needs can be met by
(A) Items of a type customarily available in the commercial marketplace;
(B) Items of a type customarily available in the commercial marketplace with modifications; or
(C) Items used exclusively for governmental purposes;
(ii) Customary practices regarding customizing, modifying or tailoring of items to meet customer
needs and associated costs;
(iii) Customary practices, including warranty, buyer financing, discounts, contract type considering the
nature and risk associated with the requirement, etc., under which commercial sales of the products
are made;
(iv) The requirements of any laws and regulations unique to the item being acquired;
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