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CON 3910 FAC-C EXAM PREP LATEST WITH
250 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) GRADED A+
What 3 things does a KO have to meet to provide other than full and open competition? - Correct Answer - Justify in writing; certify accuracy/completeness of justification; obtain approval in FAR 6.3.
You need to document a business decision, such as the use of a specific contract type. What document will you create? - Correct Answer - Determination and Findings
When is a Determination and Finding used? - Correct Answer - When it's required by statute or regulation as a prerequisite to taking certain contract actions.
When is a Justification and Approval used? - Correct Answer - To award a contract with other than full and open competition.
Which event is meant to aid both the Government and contractor personnel to 1) achieve a clear and mutual understanding of all contract requirements, and (2) identify and resolve potential problems after contract award?
- Site visit
- Pre-solicitation conference
- Industry Day 1 / 4
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- Postaward orientation conference - Correct Answer - D. Postaward
orientation conference
Where in the FAR can you find guidance on how to establish, maintain, and dispose of Government contract files? - Correct Answer - FAR Part 4
In a Determination and Findings, the findings are:
- A Conclusion
- Support for the Determination
- Not included
- Not required - Correct Answer - B. Support for the Determination
In briefing prenegotiation objectives for approval, contracting officers
should ensure their briefing slides are:
- Read by the briefer
- Filled with text
- Extremely colorful
- simple and concise - Correct Answer - D. simple and concise
Identifies and characterizes gaps in existing capabilities that are impediments to achieving the mission area objectives. - Correct Answer - Needs Assessment
This analysis is the basis for establishing the high level objectives, developing performance tasks and standards, writing the Performance Work Statement (PWS), and producing the Quality Assurance Surveillance Plan (QASP) - Correct Answer - Requirements Analysis
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pg. 3 What part of the FAR covers accepting gifts from contractor/employees? - Correct Answer - FAR subpart 3.1
What law deters subcontrators (vendors) and contractors (contracting personnel) from exchanging payments? - Correct Answer - The Anti- Kickback Act of 1986
Name 3 of the 5 bid/proposal information from a contractor that can't be made public according to FAR 3.1. - Correct Answer - 1, Pricing 2. labor rates 3. proprietary info 4. anything marked as bid/proposal info 5. info marked as restricted by contractor
What are the 2 types of conflict of interest? - Correct Answer - Personal and organizational
a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee's ability to act impartially and in the best interest of the Government - Correct Answer - Personal conflict of interest
a set of circumstances in which a contractor may be unable to render impartial advice to the government, or might have impaired objectivity in performing contracted work, or may obtain an unfair competitive advantage in the marketplace when competing for government work - Correct Answer
- organizational conflict of interest
What part of the FAR covers organizational conflicts of interest? - Correct Answer - Because it's for the contractor, it's FAR Part 9 Contractor Qualifications.
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pg. 4 What are the 3 categories of OCI? - Correct Answer - 1. Unequal Access 2.Impaired Objectivity 3. Biased ground rules
What is the organizational conflict of unequal access? - Correct Answer - a contractor obtains information not generally available to competitors
What is the organizational conflict of impaired objectivity? - Correct Answer
- a support contractor is performing duties that involve assessing or
evaluating itself
What is the organizational conflict of biased ground rules? - Correct Answer
- the contractor is writing their own job such as a SOW or providing
technical direction
Which Act says all unclassified Federal award data must be publicly accessible? What part of the FAR is covered? - Correct Answer - Federal Funding Accountability and Transparency Act. FAR 4.6
What part of the FAR says only COs acting within the scope of their authority are empowered to execute contract modifications? - Correct Answer - 43 (Contract Modifications)
Bilateral mods are used to (select all that apply) A make negotiated adjustments from a change order B Definitize letter contracts
- Issue change order
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D Reflect other agreements of the parties modifying terms of the contract - Correct Answer - A B D