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Exam (elaborations)

FAC-C Certification UPDATED ACTUAL Questions and CORRECT ANSWERS

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  • FAC-C Certification

FAC-C Certification UPDATED ACTUAL Questions and CORRECT ANSWERS 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 respo...

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  • November 17, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FAC-C Certification
  • FAC-C Certification
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MGRADES
FAC-C Certification UPDATED ACTUAL
Questions and CORRECT ANSWERS
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 - CORRECT ANSWER- ✔✔FAR 2.101 tells us Acquisition means the acquiring
by contract with appropriated funds of supplies or services (including construction) by and
for the use of the Federal Government through purchase or lease, whether the supplies or
services are already in existence or must be created, developed, demonstrated, and evaluated.
Acquisition begins at the point when agency needs are established and includes the
description of requirements to satisfy agency needs, solicitation and selection of sources,
award of contracts, contract financing, contract performance, contract administration, and
those technical and management functions directly related to the process of fulfilling agency
needs by contract.


Acquisition Team - CORRECT ANSWER- ✔✔FAR 1.102-3 describes the Acquisition Team
as consisting of all participants in Government acquisition including not only representatives
of the technical, supply, and procurement communities but also the customers they serve, and
the contractors who provide the products and services.


The KO's Role on the Acquisition Team - CORRECT ANSWER- ✔✔FAR 1.102-4(a) states
Government members of the Acquisition Team must be empowered to make acquisition
decisions within their areas of responsibility, including selection, negotiation, and
administration of contracts consistent with the Guiding Principles. In particular, the
contracting officer must have the authority to the maximum extent practicable and consistent
with law, to determine the application of rules, regulations, and policies, on a specific
contract.


KO Appointments - CORRECT ANSWER- ✔✔FAR 1.603-2 requires appointing officials,
when selecting contracting officers, to consider the complexity and dollar value of the
acquisitions to be assigned and the candidate's experience, training, education, business
acumen, judgment, character, and reputation.

, Examples of selection criteria - CORRECT ANSWER- ✔✔-Experience in Government
contracting and administration, commercial purchasing, or related fields.
-Education or special training in business administration, law, accounting, engineering, or
related fields.
Knowledge of acquisition policies and procedures, including this and other applicable
regulations.
-Specialized knowledge in the particular assigned field of contracting.
-Satisfactory completion of acquisition training courses.


DOD KO Requirements - CORRECT ANSWER- ✔✔DFARS 201.603-2 tells us that in order
to qualify to serve as a contracting officer with authority to award or administer contracts for
amounts above the simplified acquisition threshold, a person must:
-Have completed all contracting courses required for a contracting officer to serve in the
grade in which the employee or member of the armed forces will serve.
-Have at least 2 years experience in a contracting position.
-Have received a baccalaureate degree from an accredited educational institution.
-Meet such additional requirements, based on the dollar value and complexity of the contracts
awarded or administered in the position, as may be established by the Secretary of Defense.
-DFARS 201.603-2(2) also lists several exceptions and amplifications to the above
qualifications for contracting officer appointments.


FAR 1.602-2 - CORRECT ANSWER- ✔✔Contracting officers are responsible for ensuring
performance of all necessary actions for effective contracting, ensuring compliance with the
terms of the contract , and safeguarding the interests of the United States in its contractual
relationships. In order to perform these responsibilities, contracting officers should be
allowed wide latitude to exercise business judgment.


FAR 1.602-2(a) - CORRECT ANSWER- ✔✔Contracting Officers must ensure sufficient
funds are available for obligation for each contract action.


FAR 1.602-2(b) - CORRECT ANSWER- ✔✔states that contracting officers shall ensure that
contractors receive impartial, fair, and equitable treatment. This applies to all types of
communications, written and verbal.

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