Contracting officer - Study guides, Class notes & Summaries

What is an option? - An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. The use of options are not normally in the Governments best interest when (1) The f...

AF Contracting Officer Study Guide (unofficial) Exam ...

Contracting Officer warrant board questions with Answers 2024

Contracting Officer warrant board questions|100% Verified Correct You are the PCO for a major competitive negotiated source selection. The RFP, which reflects the user's requirements and is based on the user's budget, has a requirement for 220 cargo loaders to be delivered at 55 per year over the next four years. One offeror proposes to deliver all 220 loaders in the first year at a dramatically reduced price. Can you accept the offeror's proposal? What factors should you consider in your de...

Contracting Officer Unlimited Warrant Board

CONTRACTING OFFICER WARRANT BOARD EXAM QUESTIONS AND ANSWERS...

Contracting Officer Representative (COR) 101 Questions and Answers 100% Pass Contracting Officer (CO) A Federal employee delegated authority to award, administer, and terminate contracts, purchase orders, delivery orders, task orders and modifications; obligate Government funds; and make determinations and findings, all subject to the limitations of his or her Certificate of Appointment. Contracting Officer's Representative (COR) A Federal employee appointed in writing, delegated limite...

CONTRACTING OFFICER UNLIMITED WARRANT BOARD

*Nonmanufacturer Rule* FAR 19.102 (f)(1) () Q: What is the Nonmanufacturer's Rule? - ️️Small business set-aside for actions greater than or equal to $25K. The business must supply the product of a small business manufacturer. This rule applies to supply contracts only and DOES NOT apply to services. The product may come from a large business if SBA issues a waiver (exception). The small business must take possession of product before shipping to the Government. *Strategic Sourcing* A...

What is a CO FAR part 2 - FAR 2.101 A person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings. The term includes certain authorized representatives of the contracting officer acting within the limits of their authority as delegated by the contracting officer. A single contracting officer may be responsible for duties in any or all of these areas (ACO or TCO). What is the authority given to a CO. What is the limit of the ...