Exam (elaborations)
BLOCK 1 - CONTRACTING FUNDAMENTALS QUESTIONS AND ANSWERS
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BLOCK 1 - CONTRACTING FUNDAMENTALS QUESTIONS AND ANSWERS
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BLOCK 1 - CONTRACTINGFUNDAMENTALS QUESTIONS AND
ANSWERS
Acquiringybyycontractywithyappropriatedyfundsyofysuppliesyoryservicesy(includingyconst
ruction)ybyyandyforytheyuseyofytheyfederalygovernmenty-yanswer--Acquistion
Anyyexecutiveydepartment,ymilitaryydepartmentyorydefenseyagency,yoryotheryagencyy
oryindependentyestablishmentyofytheyexecutiveybranchy-yanswer--Agency
Notificationybyytheygovernmentythatyityisyenteringyintoyaycontractywithyayprivateypartyy-
yanswer--Award
Offerybyytheygovernmentytoybuyysuppliesyoryservices,yincludingyconstructionyandyrese
archyandydevelopment,yuponyspecifiedytermsyandyconditions,yusingysimplifiedyacquisi
tionyproceduresy-yanswer--PurchaseyOrder
Orderyforysuppliesyplacedyagainstyanyestablishedycontractyorywithygovernmentysource
sy-yanswer--DeliveryyOrder
Mutuallyybindingylegalyrelationshipyobligatingytheysellerytoyfurnishytheysuppliesyoryserv
icesy(includingyconstruction)yandytheybuyerytoypayyforythemy-yanswer--Contract
Contractyinywhichypartiesyexchangeypromisesytoyperformyreciprocalyobligationsyinythey
futurey-yanswer--BilateralyContract
Expectedyoutcomeyofyanyacquisitionythat,yinytheygovernment'syestimation,yprovidesyth
eygreatestyoverallybenefityinyresponseytoytheyrequirementy-yanswer--BestyValue
Item,yotherythanyrealyproperty,ythatyisyofyaytypeycustomarilyyusedyforynon-
governmentalypurposesyandythatyhasybeenysold,yleased,yorylicensedytoytheygeneralyp
ublicy-yanswer--CommercialyItem
Primaryydocumentyinytheyfederalyacquisitionyregulationsysystemycontainingyuniformyp
oliciesyandyproceduresythatygovernytheyacquisitionyactivityyofyallyfederalyagenciesy-
yanswer--FederalyAcquisitionyRegulationy(FAR)
Expressesywhatyisymandatoryyorybinding,yandydenotesytheyimperativey-yanswer--
Shally(Must/Will)
Meansyanyexpectedycourseyofyactionyorypolicyythatyisytoybeyfollowedyunlessyinappropri
ateyforyayparticularycircumstancey-yanswer--Shouldy(highlyyencouraged)
,Denotesytheypermissivey-yanswer--Mayy(atyDiscretion)
Meansy$150,000,yunlessyusedytoysupportyaycontingencyyoperationyorytoyfacilitateydefe
nseyagainstyoryrecoveryyfromyNCBRyattack=y300KyCONUSyory1MyOCONUSy-
yanswer--SimplifiedyAcquisitionyThresholdy(SAT)
MethodsyforymakingypurchasesythatydoesynotyexceedySATy-yanswer--
SimplifiedyAcquisitionyProcedures
Responsibleyforyimplementingylawsypassedybyylegislaturey-yanswer--
ExecutiveyBranch
PassesyLawsy-yanswer--LegislativeyBranch
InterpretsyLawsy-yanswer--JudicialyBranch
FourySourcesyofyFederalyContractylawy-yanswer--
CSACy(Constitution,yStatutes,yAdministrativeylaw,yCommonylaw)
Basedyonysovereignty,ytoyenteryintoycontractsy-yanswer--InherentyPower
Asynecessary,yforytheyproperyperformanceyofyitsydutiesy-yanswer--ImpliedyPower
ExecutiveyOrdersyfallyunderythisyoneyofytheyfourysourcesyofycontractylawy-yanswer--
AdministrativeyLaw
6yEssentialyelementsyofyayContracty-yanswer--
OACELCy(Offer,yAcceptance,yConsideration,yExecutionybyycompetentyparties,yLegalit
yyofypurpose,yClearytermsyandyconditions)y"OnlyyAirmanyCanyExecuteyLegalyContract
s"
Legallyybindingypromiseymadeybyyoneypartyytoyanotherytoyenteryintoyaycontractualyagr
eementy-yanswer--Offer
Actyofyacceptingyanyoffer.yToybeybindingytheyofferymustybe:yDefinite,yCommunicated,y
Unconditionaly-yanswer--Acceptance
Anythingyofyvalueythatychangesyhandsybetweenytheypartiesytoyaycontracty-yanswer--
Consideration
Partiesymust,yatytheytimeyofyagreement,yhaveybeen-
yofysoundymind,yfreeyofytheyinfluenceyofydrugsyoryalcohol,yandylegalyentitiesy-yanswer--
CompetentyParties
Purposeymustybeylegaly-yanswer--Legalityyofypurpose
Foryaycontractytoybeyenforceable,yitsytermsyandyconditionsymustybeyclearyenoughytoyp
ermitytheycourtsytoyconcludeythatyaycontractualyagreementywasyintended.yThisyeleme
ntyisysometimesyreferredytoyasy"mutuality"yory"meetingsyofytheyminds"y-yanswer--
ClearyTermsy&yConditions
, Assignedytheyresponsibilityytoymanageyandysuperviseytheyethicsyandystandardsyofyco
nductyprogramsy-yanswer--DesignatedyAgencyyEthicsyOfficialy(DAEO)
Conflictyofyinterestyarisesywhenytheyinterestyofytheymemberydirectlyyopposesytheyinter
estyofytheygovernmenty-yanswer--Conflictyofyinterest
Somethingythatyinvolvesydeliberation,ydecision,yoryaction,ythatyisyfocusedyonytheyinter
estsyofyayspecificyperson,yoryaydiscreteyandyidentifiableyclassyofypersonsy-
yanswer--"Particularymatter"
Aydeliberateydeceptionypracticedysoyasytoysecureyunfairyoryunlawfulygainy-yanswer--
Fraud
Occursywhenyindividualsydoynotyproperlyyaccountyforytheysuppliesyunderytheirycontroly
orytheyservicesytheyysupervisey-yanswer--Waste
Occursywhenysomeoneydeliberatelyymisusesyaypieceyofygovernmentyequipmenty-
yanswer--Abuse
Aysecretyagreementybetweenytwoyorymoreypersonsyforyayfraudulentyorydeceitfulypurpo
sey-yanswer--Collusion
Occursywhenytwoyorymoreycontractors,yvendors,yoryofferorsyconspireytoy"fix"ytheypricey
theygovernmentywillypayy-yanswer--Collusiveypricing
Aypracticeywhereycontractorsysubmityanyofferybelowytheiryanticipatedycosty-yanswer--
Buying-in
Meansyanyymoney,yfee,ycommission,ycredit,ygift,ygratuity,ythingyofyvalueyorycompensa
tionyofyanyykind,ywhichyisyprovided,ydirectly,yoryindirectly,ytoyanyyprimeycontractor,yimp
roperlyyobtainingyoryrewardingyfavorableytreatmentyinyconnectionywithyayprimeycontra
ctyorysubcontractyrelatingytoyayprimeycontracty-yanswer--Kickback
Aylawypassedyspecificallyyprohibitingykickbacksy-yanswer--Copelandy(anti-
kickback)yAct
Ayfavoryorygift,yusuallyyinytheyformyofymoney,ygivenyinyreturnyforyservicey-yanswer--
Gratuity
DevelopyandyexecuteyinnovativeybusinessystrategiesyandycostyeffectiveyContractingys
olutionsytoyenableytheyglobalyairyforceymissiony-yanswer--
Contractingymissionystatement
HasyAuthorityyandyResponsibilityytoycontractyforysuppliesyoryservicesyareyvestedyinyth
eyagencyylandy-yanswer--SecretaryyofytheyAiryForceyAgencyyHead
Agencyyheadymayyestablishycontractingyactivitiesyandydelegateybroadyauthorityytoyhe
adsyofysuchycontractingyactivityy-yanswer--MAJCOMyCommander/
HeadyContractingyActivity
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