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Unit 13-19 Jeopardy Questions

Terms in this set (30)

FAR 17.202(a) gives the CO the opportunity to use options if they decide it would be?
In the government's best interest
The CO shall evaluate quotations or offers how?
Impartial manner & Inclusive of transportation
What FAR part governs Contract Administration and Audit Services?
FAR part 42
Displaying a proposed contract action for 10 days falls in what dollar threshold?
$15K-$25K
________is commonly referred to as a price where the government is paying an average market price.
Fair
A ____ is contract action data entered into the Federal Procurement Data System (FPDS).
Contract Action Report (CAR)
(T/F) The CO has broad discretion creating evaluation procedures and must use FAR parts 14 & 15
False
FAR 43.102 outline the government's policy on ________.
Modifications
(T/F) Option is a unilateral right in a contract, for a specified time, when the government may elect to purchase additional supplies or services or extend the term of the contract.
True
What Act ensures contractors be paid within established time frames or interest will be paid?
Prompt Payment Act
Upon contract award what begins?
Contracting Administration
A modification that is also known as a supplemental agreement is?
Bilateral Modification
The use of streamlined solicitation procedures is permitted for which type of acquisition?
Commercial Items
FBO or FedBizOpps is also referred to as?
Government-wide Point of Entry (GPE)
What form is used for the acquisition of commercial items?
SF 1449
A preliminary written notice to the contractor is typically how many days before contract expiration?
60 days
FPDS provides recurring and special reports to who?
· The President
· CongressT
· The GAO
· Executive agencies
· General public
Name 3 of the 5 administrative functions
· Post-award orientation conferences
· Labor checks
· Review and approve or disapprove the contractor's requests for payment
· Issue Contract Modifications
· Accomplishing administrative closeout procedures
When shall a CO make a determination that a prospective contractor is responsible?
Before Award of contract
IAW FAR 13.106-3(a), before making an award the CO must determine that the proposed price is?
Fair and Reasonable
A________ is written demand or assertion by one of the contracting parties seeking payment, adjustment or relief.
Claim
The government has 2 avenues with options what are they?
· Option to extend the term of the contract
· Option to extend services
When considering a multiple award what should the CO assume?
Using additional $500 for administrative cost to each vendor
FAR part 5 gives us policies and procedures on _____?
Publicizing Contract Actions
Change orders are unilateral changes within the _______ _____ of the contract.
General scope
What dollar value must a claim be certified?
Over $100K
Before award the CO should make affirmative ____________?
Determination that the prospective offeror is responsible
What clause must be included to be able to exercise an option?
FAR 52.217-9
What type of Solicitation would we utilize under $15K?
Oral Solicitation
If the government no longer needs a service/supply under contract, it should be attempt a _____________ instead of issuing a termination notice.
No-cost settlement
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