CON 216 Questions and Answers

Do you have an original signature on everything? Ans- No! Electronic contracts, ie FAX or PDF are now binding per the GAO and specific statute as long as you can verify the signatures. What are the three branches of government? Ans- Legislative Executive Judicial makes the laws and authorizes the expenditure of funds necessary to run the Government. Ans- The Legislative branch (Article 1, Congress) implements the laws and carries out the day-to-day operations of the Government. Ans- The Executive Branch (Article 2, President) interprets the Constitution and the laws of the United States. Ans- The Judicial Branch (Article 3, Courts) Identify the major sources of procurement law Ans- - The U.S. Constitution; - Statutes passed by Congress; - Executive Orders issued by the President; - Judicial decisions rendered by the Federal Court System - Administrative decisions issued by bodies such as Boards of Contract Appeals and the Comptroller General. - Regulations (FAR/CFR Regs) State laws do not apply to Federal contracts. True or False Ans- True