Corb - Study guides, Class notes & Summaries

CORB Nov Exam Questions and Answers 100% Pass What are options and when should they be used? - Answer-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...

CORB QUESTIONS WITH COMPLETE SOLUTIONS ALREADY PASSED!!

ACO CORB with complete solution / Latest updated .

The Source Selection Decision Document for a construction Request for Proposal has just been signed and you now notice that the Davis-Bacon wage rate has just been modified. The award has not yet been signed by the contracting officer. What do you do? - You need to issue an amendment to all the offerors in the competitive range and provide them an opportunity to revise their pricing. Wage rates need to be up-to-date as of Day of Contract award for construction RFPs (FAR 22.404-6(c)). ...

As a PCO, what kinds of things could cause you to lose your warrant? - REFERENCES: FAR 1.603-4; AFFARS MP 5301.603A PCO loses his/her warrant upon retirement from employment, reassignment from the position requiring a warrant, termination of employment, or unsatisfactory performance. Terminations must be submitted in writing using the "Contracting Officer Appointment/Warrant Eligibility Transfer/Termination Request" template in AFFARS, and requests must be submitted at least 14 days ...

Change Order (43, PDM) - Unique Goverment unilateral ability for non-commercial K; if the (in-scope) order causes increase in cost/performance per K, must make equitable adj of K price/sked; written order, signed by CO, directing contractor to make change per Changes clause (1) Drawings, designs, or specifications when the supplies to be furnished are to be specially manufactured for the Government in accordance with the drawings, designs, or specifications/description of services to ...

CORB - FAR Part 42 with complete solution

Cognizant Federal Agency - ANSWER FAR 42.003(a) For contractors other than educational institutions and nonprofit organizations, the cognizant Federal agency normally will be the agency with the largest dollar amount of negotiated contracts, including options. For educational institutions (defined as institutions of higher education in the OMB Uniform Guidance at 2 CFR part 200, subpart A, and 20 U.S.C. 1001) and nonprofit organizations (as defined in the OMB Uniform Guidance at 2 CFR part ...

ACO CORB Exam Questions With 100% Correct Answers What are the responsibilities of an ACO? - answerThe ACO is responsible to ensure the best interest of the Government is protected by ensuring the terms and conditions of the contracts are appropriate and that all parties execute the contract according to the terms and conditions of the contract. The ACO is responsible for ensuring the DCMA mission of providing Contract Administration services to DOD activities and its partners of the deliv...

CORB Study Guide Questions & 100% Verified Correct Answers with complete solutions (Latest update 2024 2025