CON 3910 FAC-C Exam Prep Course Questions with Correct Answers
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Virology
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Virology
The contracting process consists of three Contract Life Cycle Phases: Correct Answer-Pre-award, Award, and Post-award
Which Contract Life Cycle phase involves all the work performed by both the buyer (Government or prime contractor) and seller (contractor or subcontractor) in communicating the b...
CON 3910 FAC-C Exam Prep Course Questions with
Correct Answers
The contracting process consists of three Contract Life Cycle Phases:
Correct Answer-Pre-award, Award, and Post-award
Which Contract Life Cycle phase involves all the work performed by
both the buyer (Government or prime contractor) and seller (contractor
or subcontractor) in communicating the buyer's requirements and
providing a solution to those requirements? Correct Answer-Pre-award
The pre-award phase consists of two primary activities: Correct Answer-
Develop solicitation, Develop Offer
What part of the FAR coves closeout of government contracts? Correct
Answer-FAR Part 4.8
Who develops a solicitation? Correct Answer-The government and the
buyer
Who prepares an offer? Correct Answer-The contractor and the seller
During the post-award phase while the contract is being performed, who
has responsibility for quality? Correct Answer-The Seller
Acquisition Team consists of: Correct Answer-govt representatives of
technical, supply and procurement
,customers
contractors who provide product/service
Contracting Officer (KO) role on Acq team: Correct Answer-to
determine the application of rules, regulations, and policies, on a specific
contract.
Contracting Officer (KO) General Responsibilities: Correct Answer-
ensuring performance of all necessary actions for effective contracting
ensuring compliance with the terms of the contract
safeguarding the interests of the United States in its contractual
relationships
Contractor Officer specific responsibilities: Correct Answer-Ensure
Sufficient Funds
Dealing with Contractors
Request Assistance, as Appropriate (e.g. legal)
Designate COR
personal conflict of interest: Correct Answer-a contractor employee has
some interest that could impair their ability to act impartially and in the
best interest of the Government when performing under a contract
What is called when a contractor (or potential contractor) is in a
situation which by way of contract performance gives them an unfair
,advantage or will bias their performance in making recommendations to
the Government? Correct Answer-organizational conflicts of interest
What part of the FAR is personal Conflict of Interest covered? Correct
Answer-FAR Part 3
What part of the FAR is organizational Conflict of Interest covered?
Correct Answer-FAR Part 9 Contractor Qualifications
contracting system must focus on "risk ________" rather than "risk
________." Correct Answer-contracting system must focus on "risk
management" rather than "risk avoidance." (FAR Part 1)
T or F All contractors and prospective contractors should be treated the
same. Correct Answer-F All contractors and prospective contractors
should be treated fairly and impartially but need not be treated the same.
What part of the FAR stresses the importance of transparency to
maintain the integrity of the procurement process? Correct Answer-FAR
Part 1
Openness for the contracting officer applies primarily to? (Select all that
apply) A) Acq Team B) Contractors C) Offerors D) Contracting Team
Correct Answer-All of the above
FAR 1.102-2(a) tells contracting professionals that a guiding principle of
the Federal Acquisition System is to satisfy customers in terms of what 3
, things? Correct Answer-cost, quality, and timeliness of the delivered
product or service
What part of the FAR coves establishing, maintaining, and disposing of
Government contract files? Correct Answer-FAR Part 4
What 3 things does a KO have to meet to provide other than full and
open competition? Correct Answer-Justify in writing; certify
accuracy/completeness of justification; obtain approval in FAR 6.3.
You need to document a business decision, such as the use of a specific
contract type. What document will you create? Correct Answer-
Determination and Findings
When is a Determination and Finding used? Correct Answer-When it's
required by statute or regulation as a prerequisite to taking certain
contract actions.
When is a Justification and Approval used? Correct Answer-To award a
contract with other than full and open competition.
At the conclusion of negotiations, the contracting officer will complete
a: Correct Answer-Price Negotiation Memorandum
SF-26 Correct Answer-Award negotiated contracts needing signature of
both parties
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