Q3

Supplies or services under a contract conditioned upon the availability of funds can be accepted with the expectation that funds will eventually be available. True or False?

False. A contract conditioned upon the availability of funds CANNOT be accepted until after the CO has given notice that funds are available. FAR 32.7

Contract financing is intended to be self-liquidating through contract performance; consequently, agencies may finance contractor working capital, including the expansion of contractor-owned facilities or acquisitions of fixed assets. True or False?

False. Agencies may finance contractor working capital, BUT NOT the expansion of contractor-owned facilities or acquisitions of fixed assets. FAR Part 32.1

Agencies shall resolve any dispute between labor and contractor management, as well as facilitate conciliation, mediation, and/or arbitration of a labor dispute. True or False?

False. Agencies shall REMAIN IMPARTIAL concerning any labor dispute, and NOT undertake the conciliation, mediation, etc.

Discounts for prompt payment may be taken only when payments are made within the discount period specified by the contracting officer. True or False?

False. Discounts for prompt payment may be taken only when payments are made within the discount period specified by the CONTRACTOR. FAR 32.9

Before executing a contract, the contracting officer must obtain written assurance from the Banking and Finance Committee that adequate funds are available or expressly condition the contract upon the availability of funds. True or False?

False. Must obtain written assurance from the "responsible fiscal authority" FAR 32.7

In a non-commercial items purchase, offerors may propose any method of contract financing as long as it is in accordance with FAR Part 32.1. True or False?

False. Offerors may propose only the customary contract financing specified in the solicitation.

The contracting officer may treat the contractor's need for contract financing as a handicap in making the contract award, e.g., as a responsibility factor or evaluation criterion, when determining if the offeror meets the standards prescribed for responsible prospective contractors at FAR 9.104. True or False.

False. The contracting officer may NOT treat the contractor's need for contract financing as a handicap AS LONG AS the offeror meets the standards prescribed for responsible prospective contractors at FAR 9.104. FAR 32.1

The signing of contracts, modifications, the exercise of options and other such actions may form the basis for a performance-based payment. True or False?

False. The signing of contracts, modifications, the exercise of options and other such actions may NOT form the basis for a performance-based payment. FAR 32.10

Under the simplified acquisition procedures a CO may solicit quotations based on personal preference, or restrict solicitations to suppliers of well-known and widely distributed makes or brands. True or False?

False. A CO must NOT solicit quotations based on personal preference, or restrict solicitations to suppliers of well-known and widely distributed makes or brands. FAR 13.1

Blanket Purchase Agreements (BPAs) may not be established with more than one supplier for supplies or services of the same type, as it increases administrative cost and decreases opportunities for small business. True or False?

False. BPAs may be established with one or more suppliers for supplies or services of the same type to provide maximum practicable competition. FAR 13.303

COs are required to solicit new quotations for each purchase, rather than using standing price quotations to ensure that pricing is current and that the government obtains the maximum benefit of any discounts before award. True or False?

False. COs do NOT need to solicit new quotations for each purpose, but MAY use a standing quote as long as it is current. FAR 13.1

COs should incorporate provisions and clauses by full text on the face of the solicitation and/or purchase order, provided the requirements of 52.102 are satisfied. True or False?

False. COs should incorporate provisions and clauses by REFERENCE. FAR 13.1

Modular contracting is intended to reduce risk of technical obsolescence and decrease dependencies between a new project and other project systems while meeting the governments need for timely access to rapidly changing technology.

False. Modular contracting is intended to reduce PROGRAM risk and INCENTIVIZE contract performance while meeting the governments need for timely access to rapidly changing technology. FAR 39.1

Multi-year contracting may not be used in sealed bidding, rather, only when contracting by negotiation. True or False?

False. Multi-year contracting may be used in sealed bidding OR contracting by negotiation. FAR 17.1

The governmentwide commercial card can be used by any government employee to pay for supplies, services or construction. True or False?

False. Only for use by COs and other "designated individuals" authorized by law or regulation. FAR 13.3

Options may not be included in solicitations, even when the requirements of FAR 17.2 are met and the aggregate value of the acquisition and all options does not exceed the dollar threshold for use of the simplified acquisition procedures. True or False?

False. Options MAY be included, PROVIDED the requirements of FAR 17.2 are met AND the aggregate value of the acquisition and all options does not exceed the dollar threshold for use of the simplified acquisition procedures. FAR 13.1

Purchases at or below the micro-purchase threshold do not require the purchaser to be authorized and trained pursuant to agency procedures or otherwise. True or False?

False. Purchasers must always be authorized. FAR 13.2

Simplified acquisition thresholds are not aggregated, and do not include the costs/pricing associated with options. True or False?

False. The aggregate value of the overall award, including options contribute to the simplified acquisition thresholds. FAR 13

The monetary limitation placed on an unpriced purchase order, either for each line item or for the total order, does not need to be accurate or realistic since it is merely a placeholder for an obligation that is subject to adjustment when the firm price is established. True or False?

False. The monetary limitation must be realistic, although subject to adjustment. FAR 13.302-2

The CO's decisions for acquisitions at or below the simplified acquisition threshold are always subject to review if the CO does not award, or set aside an acquisition for a small business concern. True or False?

False. They are NOT subject to review. FAR 13

Acquisition officials are allowed to break down requirements that, in aggregate (including options), exceed the micro-purchase or simplified acquisition threshold into smaller purchases in order to permit the use of the simplified acquisition procedures, or to avoid the requirements of purchases greater than these thresholds. True or False?

False. You cannot break-down or split the aggregate requirement. Options must always be included. FAR 13

When obtaining oral quotes that will result in a purchase order, the CO shall inform the quoter of the EFT clause that will be in the resulting purchase order. True or False?

True FAR 13.3

After determining that a blanket purchase order (BPA) would be advantageous, COs should establish the parameters to limit purchases to individual items or commodity groups or classes, or permit the supplier to furnish unlimited supplies or services. True or False?

True FAR 13.303

The CO that entered into the BPA shall maintain an awareness of changes in market conditions, sources of supply, and other pertinent factors that may warrant making new arrangements with different suppliers or modifying existing arrangements. True or False?

True FAR 13.303

SF 44 Purchase Order-Invoice-Voucher may also be used as a receiving report, invoice, or public voucher if needed. True or False?

True FAR 13.306

Once incorporated in a contract, wage determinations remain effective for the ife of the contract unless the contracting officer exercises an option and extends the term of the contract. True or False?

True FAR 22.4

Interagency acquisitions are commonly conducted through indefinite-delivery contracts, such as task-and-delivery order contracts. True or False?

True FAr 17.5

Imprest Fund and Third Party Drafts are normally placed orally and without soliciting competition if prices are considered reasonable. True or False?

True FAR 13.305

Using Fast Payment procedures, the title of supplies passes to the government upon delivery to a post-office, common carrier, or point of first receipt by the government. True or False?

True FAR 13.4

A quotation is not an offer, and consequently, cannot be accepted by the government to form a binding contract. True or False?

True. FAR 13

COs should include related items (such as small hardware items or spare parts for vehicles) in one solicitation and make award on an "all-or-none" or "multiple award" basis, provided suppliers are so advised when offers are requested. True or False?

True. FAR 13.1

COs should make maximum effort to obtain trade and prompt payment discounts, although prompt payment discounts shall not be considered in the evaluation of quotations. True or False?

True. FAR 13.1

In a simplified acquisition, the CO has broad discretion in fashioning suitable evaluations procedures, and at the COs discretion, one or more, but not necessarily all, of the evaluation procedures in FAR parts 14 and 15 may be used. True or False?

True. FAR 13.1

The governmentwide commercial purchase card is the preferred method to purchase and pay for micro-purchases. True or False?

True. FAR 13.2

Because of program requirements and the unusal (sometimes unique) nature of the work performed under management and operating contracts, the government is often limited in its ability to effect competition or replace a contractor. True or False?

True. FAR 17.6

If a contractor failed to indicate a need for contract financing before the contract was awarded, it does not disqualify them from seeking contract financing after award. True or False?

True. FAR 32.1

If the contractor is a small business concern, the contractors receipt of a Certificate of Competency from the Small Business Administration has no bearing on the contractor's need for or entitlement to contract financing. True or False?

True. FAR 32.1

Under FAR 32.2 for Commercial Item Purchase Financing, contract financing can be a subject included in the market research conducted in accordance with FAR Part 10 to determine the extent to which other buyers provide contract financing, the level of financing normally provided, the basis for and frequency of payments, methods of liquidation of contract financing payments, and any special or unusual payment terms applicable to delivery payments. True or False?

True. FAR 32.2

The CO must reject as nonresponsive those bids conditioned on progress payments when the solicitation did not provide for progress payments. True or False?

True. FAR 32.5

Agencies must pay interest for late payments or improperly taken discounts for prompt payment. True or False?

True. FAR 32.9

Agencies may use modular contracting to acquire both major and non-major systems of information technology. True or False?

True. FAR 39.1

Solicitations under a set-aside shall contain the appropriate provisions prescribed in FAR Part 19, and require information substantially identical to those provisions to be given to potential quoters regardless of whether the solicitation is written or oral. True or False?

True. FAR Part 13

For all practical purposes, written terms and/or clauses are not required for purchases using imprest funds or third part drafts because there is simultaneous placement of the order and delivery, similar to any "daily transaction," however, the Standard Form (SF) 1165 Receipt for Cash--Sub-voucher prescribed at 13.307(e) may be used if a written order is necessary. True or False?

True. The forms at 13.307(e) are an SF 1165 Receipt for Cash--Sub-voucher. Not likely to need to know this. Do know SF 44. FAR 13.305, 13.307(e)

Which of the following is true about quotations? a. A quotation is not an offer b. Solicitation of oral quotations under the simplified acquisition threshold is discouraged c. Restriction of solicitation to suppliers of well-known and widely distributed makes or brands is preferred. d. Standing price quotations may not be used.

a. A quotation is not an offer FAR 13.004; 13.106-1(c); 13.104(a)(2); 13.103

In the event that the Federal Prison Industries (FPI) and nonprofit agencies participating in the AbilityOne Program produce identical services, the ordering offices shall purchase services from the following sources based on priority. Identify the sources that has first priority: a. AbilityOne participating nonprofit agencies b. Federal Prison Industries, Inc. c. Commercial Sources d. Federal Supply Schedule

a. AbilityOne participating nonprofit agencies FAR 8.603

As it is the least preferred method of contract financing, this method should not be authorized if other types of financing are reasonably available to the contractor, and is limited to contracts described in FAR 32.403. a. Advance Payment b. Progress Payment c. Prompt Payment d. Guaranteed

a. Advance Payment FAR 32.4

This act provides that contracts in excess $2000 to which the United States is a party for construction, alteration, or repair of public buildings within the U.S. shall contain a clause that no laborer shall receive less than the prevailing wage rates as determined by the Secretary of Labor. a. Construction Wage Rate Requirements statute (Davis-Bacon Act) b. Service Contract Labor Standards statute (Service Contract Act of 1965) c. Contract Work Hours and Safety Standards statute (Act) d. Construction Minimum Wage Act.

a. Construction Wage Rate Requirements statute (Davis-Bacon Act) FAR 22.403-1

This type of payment for commercial items purchases is for accepted supplies or services, including payments for accepted partial deliveries. a. Delivery Payment b. Commercial Interim Payment c. Commercial Advance Payment d. Loan Guarantee

a. Delivery Payment FAR 32.2

The _____________authorize(s) agencies to enter into agreements and obtain supplies and services from another agency. a. Economy Act b. executive orders of the President c. Contracts for Materials, Supplies, Articles and Equipment Act (Formerly the Walsh-Healy Public Contracts Act) d. Interagency Act

a. Economy Act FAR 17.502-2

The indefinite-delivery contracts used most frequently to support interagency acquisitions include all of the following EXCEPT a. GSA Advantage! b. Federal Supply Schedule (FSS) c. Governmentwide Acquisition Contracts (GWAC) d. Multi-agency Contract (MAC)

a. GSA Advantage! FAR 17.5

Commonly known as "FedBizOpps," it is the single point where government business opportunities greater than $25,000, including a synopsis of proposed contract action, solicitations and associated information can be accessed electronically by the government. a. Governmentwide point of entry (GPE) b. System for Award Management (SAM) c. GovWorks d. Government Information Locator Service (GILS)

a. Governmentwide Point of Entry (GPE) FAR 13.1

Per FAR 32.1 for non-commercial items purchases, this type of contract financing is not intended that the contractor be required to obtain private financing at unreasonable terms or from other agencies. a. Private financing without government guarantee. b. Customary Contract Financing c. Advance Payments d. Loan Guarantees e. Unusual Contract Financing

a. Private financing without government guarantee. FAR Part 32.1

Which of the following is true concerning the use of simplified acquisition procedures? a. Purchases above the micro-purchase level are generally set-aside for small business b. they can be used in the acquisition of commercial items without any limits. c. They cannot be employed when the governmentwide commercial card is used. d. There is no requirement for competition.

a. Purchases above the micro-purchase level are generally set-aside for small business FAR 13.003(b)(1)

Applicable to contracts in excess of $2,000 for construction, alteration, or repair, including painting and decorating, of public buildings and public works. a. The Wage Rate Requirements statute (Davis-Bacon Act) b. The Kickbacks statute (Copeland (Anit-Kickback)Act) c. The Service Contract Labor Standards statute (Service Contract Act of 1965) d. The Contract Work Hours and Safety Standards statute (Contract Work Hours and Safety Standards Act).

a. The Wage Rate Requirements statute (Davis-Bacon Act) FAR 22.4

Provides that no laborer or mechanic employed on the site shall receive less that prevailing wage rates as determined by the Secretary of Labor. a. The Wage Rate Requirements statute (Davis-Bacon Act) b. The Kickbacks statute (Copeland (Anit-Kickback)Act) c. The Service Contract Labor Standards statute (Service Contract Act of 1965) d. The Contract Work Hours and Safety Standards statute (Contract Work Hours and Safety Standards Act).

a. The Wage Rate Requirements statute (Davis-Bacon Act) FAR 22.4

When using the government wide commercial purchase card as a method of payment, COs need to verify a contractor's delinquent debt status in the System for Award Management (SMA) database when those purchases are a. above the micro-purchase threshold b. above the simplified acquisition threshold c. above the Truthful Cost or Pricing Data statute (Truth in Negotiations Act (TINA)) threshold d. a small business concern

a. above the micro-purchase threshold FAR 13.201(h)

The System for Award Management (SAM) should be used by COs a. as the primary source for vendor information b. to search for previously proposed prices and past performance data c. as a way to publically document government procurements d. all of the above

a. as the primary source for vendor information FAR 13.1

Prior to requesting that another agency conduct an acquisition on its behalf, the requesting agency shall make a determination that the use of this this acquisition method is the best approach. a. assisted acquisitions b. direct acquisitions c. leader company acquisition d. option

a. assisted acquisitions FAR 17.5

Fast Payment procedures are generally used when an individual order does not exceed $35,000 and a. delivery must occur at a geographically separated location that would make it impractical to make timely payment based on evidence of government acceptance. b. immediate acceptance will occur at a government agency or facility. c. ordered supplies or services are delivered by contractor representative or authorized courier directly to the authorized agency representative. d. is ordered electronically.

a. delivery must occur at a geographically separated location that would make it impractical to make timely payment based on evidence of government acceptance. FAR 13.4

Written terms and/or clauses are not required for purchases using imprest funds or third party drafts because a. for all practical purposes, there is simultaneous placement of the order and delivery, similar to any "daily transaction." b. there is no requirement for written terms and/or clauses below the micro-purchase threshold. c. they are always competitive solicitations d. all of the above.

a. for all practical purposes, there is simultaneous placement of the order and delivery, similar to any "daily transaction." FAR 13.305

This type of wage determination is based on prevailing wage rates within a specified geographical area with no expiration date. a. general. b. project c. direct d. indirect

a. general. FAR 22.4

The use of one or more contracts to acquire information technology systems in successive, interoperable increments. a. modular contracting b. secular contracting c. incremental contracting d. interoperable contracting.

a. modular contracting FAR 39

If market research indicates that neither commercial items nor non-developmental items are available to satisfy agency needs, agencies a. must re-evaluate the need and determine whether it can be restated to permit commercial or non-developmental items to satisfy them. b. may set-aside the procurement. c. are authorized to pursue the acquisition as a restricted procurement. d. shall solicit and award any resultant contract using FAR Part 12 policies and procedures.

a. must re-evaluate the need and determine whether it can be restated to permit commercial or non-developmental items to satisfy them. FAR 10.002(c), (d)

The government's policy is to try to resolve all contractual issues in controversy by a. mutual agreement at the CO's level. b. bilateral agreement at the CO's level. c. mutual agreement at a level above the CO. d. unilateral agreement at the CO's level.

a. mutual agreement at the CO's level. FAR 33.204

Cost Accounting Standards Board rules and regulations apply to a. negotiated contracts and subcontracts. b. sealed bid contracts. c. contracts with small business concerns. d. bridge contracts.

a. negotiated contracts and subcontracts. FAR 30.000

When cancelling a purchase order, if the contractor accepts the cancellation and does not claim that cost were incurred as a result of beginning performance under the purchase order, then a. no further action is required and the purchase order shall be considered cancelled. b. the contractor receives a cancellation fee equal to 10% of the original purchase order price. c. the contracting officer shall process the termination action d. The contractor is entitled to receive the automatic award of any purchase order for the same item or service generated within 90 days of the cancellation.

a. no further action is required and the purchase order shall be considered cancelled. FAR 13.302-4(b)(1)

A CO should use bulk funding to the maximum extent practicable since it is particularly appropriate if a. numerous purchases of the same type of funds are to be made during a given period. b. an offeror would like to be paid up front c. the CO is unable to determine price reasonableness d. incremental funding is required.

a. numerous purchases of the same type of funds are to be made during a given period. FAR 13.1

After receiving the GAO's written notice that a protest has been filed, an agency must give notice a. of the protest to the contractor or all parties who appear to have a reasonable prospect of receiving an award. b. of the protest only to the prime contractor performing the work. c. of the protest to all parties who appear to have a reasonable prospect of receiving award and begin compiling the information necessary to report to the GAO. d. through a government-wide point of entry (GPE).

a. of the protest to the contractor or all parties who appear to have a reasonable prospect of receiving an award. FAR 33.104

Unpriced purchase orders may be used to acquire a. repairs to equipment requiring disassembly to determine the nature and extent of repairs. b. commercial or non-developmental items c. urgently needed supplies available through multiple sources. d. routine items for stock.

a. repairs to equipment requiring disassembly to determine the nature and extent of repairs. FAR 13.302-2(b)(2)

Under FAR 32.2 for Commercial Item Purchase Financing, financing of the contract is normally a. the contractor's responsibility. b. the government's responsibility. c. available only for small business concerns. d. not available.

a. the contractor's responsibility. FAR 32.2

What is "overtime?" a. time worked by a contractor's employee in excess of the employee's normal workweek. b. time worked by a contractor's employee in excess of 45 hours. c. time worked by a contractor's employee on a government holiday. d. all of the above.

a. time worked by a contractor's employee in excess of the employee's normal workweek. FAR 22.1

A protest based upon improprieties in a solicitation must be filed before bid opening or the closing date for receipt of proposals. in all other cases, protests must be filed a. within 10 calendar days of the time the protester knew or should have known of the basis of the protest, whichever is earlier. b. within 100 calendar days of the time the protester knew or should have known of the basis of the protest, whichever is earlier. c. within 5 days after a debriefing date to the other offerors. d. within 15 days before the acceptance of offers.

a. within 10 calendar days of the time the protester knew or should have known of the basis of the protest, whichever is earlier. FAR 33.103

Micro-purchase procedures may also be used for certain contingency operations or defense against or recovery from attacks. The acquisition may not exceed $_______ for contracts awarded and performed in the US, or $_________ if awarded and performed outside of the US. a. $10,000, $20,000 b. $20,000, $30,000 c. $30,000, $150,000 d. $150,000, $300,000

b. $20,000, $30,000 FAR 13.2

What is the dollar threshold for public announcement of contract awards? a. $500,000 b. $4,000,000 c. $5,000,000 d. $10,000,000

b. $4,000,000 FAR 5.303

Imprest Funds may be used for transactions that do not exceed a. $250 b. $500 c. $2,500 d. $3,500

b. $500 FAR 13.305

What is the minimum response time for receipt of bids or proposals for noncommercial item solicitations? a. 15 days from the date of issuance of the solicitation b. 30 days from the date of publication of a proper notice of intent to contract c. 45 days from the date of issuance of the solicitation d. 60 days from the date of issuance of the solicitation

b. 30 days from the date of publication of a proper notice of intent to contract FAR 5.203(d)

What is the customary progress payment rate for large business concerns? a. 75 b. 80 c. 85 d. 90

b. 80 FAR 32.5

The responsibility for selecting the appropriate type of contract for an R&D requirement belongs to the a. program manager. b. CO. c. acquisition manager d. R&D Chief

b. CO. FAR 35.006(b)

This type of payment for commercial items purchases is given to the contract after some work has been done, but not fully completed. a. Delivery Payment b. Commercial Interim Payment c. Commercial Advance Payment d. Loan Guarantee

b. Commercial Interim Payment FAR 32.2

The transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, that is initiated through electronic terminal, telephone, computer or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit an account. a. Prompt Payment b. Electronic Funds Transfer (EFT) c. Performance-Based Payment d. Advance Payment

b. Electronic Funds Transfer (EFT) FAR 32.11

This procedure allows payment under limited conditions to a contractor prior to the government's verification that supplies have been received and accepted. a. Governmentwide Commercial Card Payment b. Fast Payment c. Unpriced Purchase Order d. Imprest Fund or Third Party Draft e. Blanket Purchase Agreement (BPA)

b. Fast Payment FAR 13.4

This procedure provides for payment based on the contractor's submission of an invoice, which constitutes the contractor's representation that supplies have been delivered to a post-office, common carrier, or point of first receipt by the government; and that the contractor agrees to replace, repair, or correct supplies not received at the destination, damaged in transit, or not conforming to the purchase agreement. a. Governmentwide Commercial Card Payment b. Fast Payment c. Unpriced Purchase Order d. Imprest Fund or Third Party Draft e. Blanket Purchase Agreement (BPA)

b. Fast Payment FAR 13.4

What entity(ies) are authorized to act on behalf of guaranteeing agencies (e.g., DOD) as fiscal agents of the United States in the making of loan guarantees for defense production? a. Federal Deposit Insurance Corporation (FDIC) b. Federal Reserve Banks c. International Monetary Fund (IMF) d. World Bank

b. Federal Reserve Banks FAR 32.2

An extraordinary acquisition technique that is limited to special circumstances and used only when in accordance with agency procedures, where a sole producer of a product or system is designated to furnish assistance and know how under an approved contract to one or more designated companies so they can become a source of supply. a. Interagency acquisition b. Leader Company contracting c. Multi-year contracting d. Options

b. Leader Company contracting FAR 17.4

What definition best describes alternative dispute resolution? a. Procedures used to resolve issues in controversy. b. Procedures voluntarily used to resolve issues in controversy. c. Procedures used for asserting and resolving claims. d. Procedures voluntarily used for asserting and resolving claims.

b. Procedures voluntarily used to resolve issues in controversy. FAR 33.214

This type of payment method is recouped by the government through the deduction of liquidations from payments that would otherwise be due to the contractor for completed contract items. a. Advance Payment b. Progress Payment c. Prompt Payment d. Guaranteed Loan

b. Progress Payment FAR 32.5

A fixed-price offer by the government to buy supplies or services, including construction and research and development, upon specified terms and conditions, using simplified acquisition procedures. a. Governmentwide Commercial Card Payment b. Purchase Order c. Unpriced Purchase Order d. Imprest Fund or Third Party Draft

b. Purchase Order FAR 13.3

This ensures that both federal emloyees with disabilities and members of the public seeking service from the government have equal access to technology as nondisabled members of the public and employees. a. the Economy Act. b. Section 508 of the Rehabilitation Act of 1973 c. the Construction Wage Rates Requirement statute (Davis-Bacon Act). d. the Service Contract Labor Standards statute (Service Contract Act).

b. Section 508 of the Rehabilitation Act of 1973 FAR 39.2

This statute makes it unlawful to induce any person to give up any part of the compensation to which that person is entitled under a contract of employment. a. The Wage Rate Requirements statute (Davis-Bacon Act) b. The Kickbacks statute (Copeland (Anit-Kickback)Act) c. The Service Contract Labor Standards statute (Service Contract Act of 1965) d. The Contract Work Hours and Safety Standards statute (Contract Work Hours and Safety Standards Act).

b. The Kickbacks statute (Copeland (Anit-Kickback)Act) FAR 22.4

The head of the agency may waive the applicability of Cost Accounting Standards (CAS) for a particular contract or subcontract when one of these conditions exists: a. The contract or subcontract is less than $50 million, primarily engaged in the sale of commercial items, and has no contracts/subcontracts subject to CAS. b. The contract or subcontract is less than $15 million, primarily engaged in the sale of commercial items, and has no contracts/subcontracts subject to CAS. c. The contract or subcontract is less than $7.5 million, primarily engaged in the sale of commercial items. d. The contract or subcontract is less than $5 million, primarily engaged in the sale of commercial items, and have not contracts/subcontracts subject to CAS.

b. The contract or subcontract is less than $15 million, primarily engaged in the sale of commercial items, and has no contracts/subcontracts subject to CAS. FAR 30.201-5

Which of the following is not true concerning project wage determinations? a. They are issued at the specific request of a contracting agency. b. They are effective for 90 calendar days from the date of determination. c. They are used only when no general wage determination applies. d. They apply only to the contracts for which they were issued.

b. They are effective for 90 calendar days from the date of determination. FAR 22.404-1(b)

Does a $75,000 claim resulting from a reduction of $350,000 and an increase of $275,000 require certification? a. No, because the claimed amount is less than $100,000. b. Yes, because the aggregate value of the claim exceeds $100,000. c. No, because the claimed amount is less than $500,000. d. Yes, because the aggregate value of the claim exceeds $500,000.

b. Yes, because the aggregate value of the claim exceeds $100,000. FAR 33.207(d)

The Federal Supply Schedule program provides federal agencies a. sources for meeting repetitive requirements on a scheduled basis. b. a simplified process for obtaining commercial supplies and services and prices associated with volume buying. c. a mandatory source for frequently used supplies and services at prices associated with buying in volume. d. a simplified process for obtaining complex services that the requiring agency does not have the expertise to buy.

b. a simplified process for obtaining commercial supplies and services and prices associated with volume buying. FAR 38.101

The purpose of the simplified acquisition procedures is to vest contracting officers with additional procedural discretion and flexibility, so that commercial item acquisitions within the $7m/$13m (per 13.500(c)) threshold may be solicited, offered, evaluated and awarded in a simplified manner that maximizes efficiency and economy and minimizes burden and administrative costs for a. the Defense Acquisition Regulations Council (DAR) b. both government and industry c. the General Services Administration d. the Financial Officer or Treasurer

b. both government and industry FAR 13.5

Under FAR 32.2 for Commercial Item Purchase Financing, commercial interim payments and commercial advance payments may be made under the following circumstances, EXCEPT: a. contract item financed is a commercial supply or service. b. contract price does not exceed the simplified acquisition threshold. c. contracting officer determines it is appropriate/customary in the commercial marketplace to make financing payments for the item and determines it is in the best interest of the government. d. if adequate security is obtained.

b. contract price does not exceed the simplified acquisition threshold. Correct answer would be if contract price EXCEEDS the simplified acquisition threshold, then commercial advance payments may be made . far 32.2

When fast payment procedures are utilized, who is responsible for determining the amount of debts resulting from failure of contractors to properly replace, repair, or correct supplies lost, damaged, or not conforming to purchase requirements? a. program manager b. contracting officer c. head of the contracting activity d. accounting and finance officer

b. contracting officer FAR 13.401(b)

There are three types of indefinite-delivery contracts: a. definite-quantity contracts, requirements contracts, and indefinite-delivery contracts. b. definite-quantity contracts, requirements contracts, and indefinite-quantity contracts. c. definite-delivery contracts, requirements contracts, and indefinite-quantity contracts. d. definite-delivery contracts, requirements contracts, and indefinite-delivery contracts.

b. definite-quantity contracts, requirements contracts, and indefinite-quantity contracts. FAR 16.501-2(a)

Prior to placing an order against another agency's indefinite-delivery vehicle, the requesting agency shall make a determination that use of another agency's contract vehicle is the best procurement approach. a. assisted acquisitions b. direct acquisitions c. leader company acquisition d. option

b. direct acquisitions FAR 17.5

A contractor is awarded four seperate contracts on the same day. i. One contract is rated "DO" and has a final delivery date (FDD) in 60 days. ii. Another contract is rated "DX" and has an FDD in 40 days. iii. Another contract is rated "DO" and has an FDD in 10 days. iv. The fourth contract is unrated, and has an FDD in 15 days. What is the order of priority on the contracts? a. iv, iii, i, ii b. ii, iii, i, iv c. ii, iii, iv, i d. iii, iv, ii, i

b. ii, iii, i, iv FAR 11.603(a)

Under FAR 32.2 for Commercial Item Purchase Financing, if the provision of financing by the buyer is a common commercial practice, the CO a. shall consider other sources of supply that do not require special financing terms for commercial purposes. b. may include appropriate financing terms in the contracts for commercial purposes when doing so will be in the best interest of the government. c. shall only procure via purchase card or imprest funds. d. may only incorporate preferred government financing terms in the contracts for commercial purposes in order to maintain the best interest of the government.

b. may include appropriate financing terms in the contracts for commercial purposes when doing so will be in the best interest of the government. FAR 32.2

This type of wage determination is specific to a scope of work, is used when no general wage determination applies, and is effective for 180 calendar days. a. generic b. project c. direct d. indirect

b. project FAR 22.4

The methodologies contracting officers shall use in acquiring construction contracts and architect-engineer services, respectively, are a. negotiation and sealed bids b. sealed bids and negotiation. c. negotiation and negotiation. d. sealed bids and barter.

b. sealed bids and negotiation. FAR 36.103

A less rigorous method for entering into relatively low-dollar-threshold contracts that does not require the elaborate and formal solicitation techniques required by sealed bidding and negotiation. a. micro-purchase b. simplified acquisition c. blanket purchase agreement d. commercial acquisition

b. simplified acquisition FAR 13

Methods for entering into contracts without using elaborate and formal solicitation techniques such as sealed bidding and negotiation, restricted by purchases under the simplifed acquisition threshold. a. micro-purchase b. simplified procedures c. blanket purchase agreement d. commercial acquisition

b. simplified procedures FAR 13

While the CO must clearly articulate the basis upon which award will be made (price alone or price and other factors, e.g., past performance and quality), it is not, however, necessary to a. promote competition to the maximum extent possible. b. state the relative importance assigned to each evaluation factor. c. consider all quotations or offers that are received on time. d. use innovative approaches to the maximum extent practicable.

b. state the relative importance assigned to each evaluation factor. FAR 13.1

Agencies shall ensure that contracts for information technology address protection of privacy in accordance with a. the Economy Act. b. the Privacty Act. c. the Construction Wage Rates Requirement statute (Davis-Bacon Act). d. the Service Contract Labor Standards statute (Service Contract Act).

b. the Privacty Act. FAR 39

Protests may be filed with a. either the agency or the GAO. b. the agency, the GAO, or the U.S. Court of Claims. c. either the contracting officer or the U.S. Court of Federal Claims. d. Small Claims Court for awards under the SAT.

b. the agency, the GAO, or the U.S. Court of Claims. FAR 33.102

Micro-purchases may be awarded without soliciting competitive quotations if a. the award is made to a small business b. the contracting officer determines that price is reasonable c. like purchase have been made from the same vendor d. the purchase is to be used for contingency operations or defense against or recovery from attacks.

b. the contracting officer determines that price is reasonable FAR13.203(a)(2)

Purchases at or below the micro-purchase threshold are exempt from verification in the System for Award Management (SAM) database when purchased using a. a purchase order. b. the governmentwide commercial purchase card c. imprest funds d. all of the above.

b. the governmentwide commercial purchase card FAR 13.2

In the event that CO exercises an option and extends the term of the contract a. the wage determination at the effective date of the contract remains in place. b. the most current wage determination is incorproated. c. the wage determination is recalculated based on the CPI. d. the wage determination is dependent on the dollar value of the contract.

b. the most current wage determination is incorproated. FAr 22.4

Contract delivery or performance schedules may be expressed by a. the means determined by the requiring activity. b. the specific number of days from the date of the contract. c. the specific time for delivery after the receipt by the buyer of each order under the contract. d. any means the contractor specified in its bid or proposal.

b. the specific number of days from the date of the contract. FAR 11.403(a)

The simplified acquisition threshold (SAT) is $_________ except for acquisition of non-commercial supplies or services, that, as determined by the head of the agency, are to be used to support a contingency operation or to facilitate defense against or recovery from nuclear, biological, chemical or radiological attack, where the term means $__________ for any contract to be awarded and performed, or purchase to be made inside the US; and $_________ for any contract to be awarded and performed, or purchase to be made, outside the US. a. $3,500, $150,000, $300,000 b. $150,000, $300,000, $750,000 c. $150,000, $300,000, $1,000,000 d. $150,000, $7,000,000, $13,000,000

c. $150,000, $300,000, $1,000,000 FAR 13

Third Party Drafts may be used for transactions that do not exceed a. $250 b. $500 c. $2,500 d. $3,500

c. $2,500 FAR 13.305

Payments are generally made ___________ days after the designated billing office receives a proper invoice from the contract OR ____________ days after the government acceptance of supplies delivered or services performed by the contractor, whichever is _____________. a. 15, 30, sooner b. 30, 30, sooner c. 30, 30, later d. 30, 45, later

c. 30, 30, later FAR 32.9

What is a "normal workwee?" a. 35 hours b. 37.5 hours c. 40 hours d. 45 hours

c. 40 hours FAR 22.1

What is the customary progress payment rate for small business concerns? a. 75 b. 80 c. 85 d. 90

c. 85 FAR 32.5

The transfer or making over by the contractor to a bank, trust company, or other financing institution as security for a loan to the contractor, of its right to be paid by the government for contract performance. a. Guaranteed Loan b. Electronic Funds Transfer c. Assignment of Claim d. all of the above

c. Assignment of Claim FAR 32.8

This type of payment for commercial items purchases: i. is made before any performance of work under the contract; ii. requires that aggregate payments shall not exceed 15% of the contract price iii. requires that payments are not subject to FAR 32.4, Advance Payments for Non-commercial items. a. Delivery Payment b. Commercial Interim Payment c. Commercial Advance Payment d. Loan Guarantee

c. Commercial Advance Payment FAR 32.2

Which of the following statements concerning customary progress payments is true? a. Customary progress payment rate is 90% (95% for small business concerns). b. An unusual progress payment is defined as any rate that is 10% above or below the customary progress payment rate. c. Customary progress payment rate is 80% (85% for small business concerns). d. When advance payment and progress payments are authorized under the same contract, a progress payment rate higher than the customary rate can be authorized.

c. Customary progress payment rate is 80% (85% for small business concerns). FAR 32.501-1(a), (b), (c), (d)

All government contract payments shall be made via this method, except the provision found at FAR 32.1103(a)(i). a. Cash b. Check c. Electronic Funds Transfer (EFT) d. Automated Clearing House (Wire)

c. Electronic Funds Transfer (EFT)

The preferred method of payment for purchase orders by the government is a. cash. b. paper check. c. Electronic Funds Transfer (EFT) d. Automated Clearing House (ACH)

c. Electronic Funds Transfer (EFT) FAR 13.3

The Federal Supply Schedule program provides federal agencies with a simplified process for obtaining commonly used commercial supplies and services at prices associated with volume buying. It is directed and managed by the a. Commerce Department. b. Executive Department. c. General Services Administration. d. Defense Logistics Agency.

c. General Services Administration. FAR 8.402(a)

The Progress Payments clause provides a Government right to reduce or suspend progress payments, or to increase the liquidation rate, under all of the following specified conditions EXCEPT: a. Contractor noncompliance b. Unsatisfactory financial condition c. Low inventory d. Delinquency in payment of costs of performance

c. Low inventory Should be "Excessive inventory." FAR 32.503-6

A special contracting method to acquire known requirements in quantities and total cost not over planned requirements for up to five years or otherwise authorized by statute, even though the total funds ultimately to be obligated may not be available at the time of contract award. a. Interagency acquisition b. Leader Company contracting c. Multi-year contracting d. Options

c. Multi-year contracting FAR 17.1

This term means any telecommunications or information system operated by the US Government, the function, operation, or use of which involves intelligence activities, cryptologic activities related to national defense, command and control of military forces; equipment that is an integral part of a weapon system; or it is critical to the direct fulfillment of military or intelligence missions. a. Operational Defense System b. National Defense System c. National Security System d. National Security Services

c. National Security System FAR 39

The basis for this type of payment may be either specifically described events (e.g., milestones), or some measureable criterion of performance. a. Prompt Payment b. Progress Payment c. Performance-Based Payment d. Advance Payment

c. Performance-Based Payment FAR 32.10

This type of payment is a contract financing payment that is not payment for accepted items, is fully recoverable in the event of default, and is the preferred method when the contracting officer finds them practical and the contractor agrees to their use. a. Prompt Payment b. Progress Payment c. Performance-Based Payment d. Advance Payment

c. Performance-Based Payment FAR 32.10

All of the following are FAR Part 32.1 Contract Financing Methods utilized for non-commercial items EXCEPT: a. Advance payments--advances of money to a prime contractor b. Progress payments based on costs--made on the basis of costs incurred by the contract or as work progresses c. Purchase Card payments--more of a payment versus a financing method d. Loan guarantees--guarantees backed by the Federal Reserve designed to enable contractors to obtain financing from private sources

c. Purchase Card payments--more of a payment versus a financing method FAR Part 32.1

A multipurpose, pocket-sized order form designed primarily for on-the-spot, over-the-counter- purchases of supplies and non-personal services while away from the purchasing office or at isolated activities. a. SF 1165, Receipt for Cash--Sub-voucher b. SF 1449 Solicitation--Contract-Order for Commercial Items c. SF 44 Purchase Order-Invoice-Voucher d. Third Party Draft

c. SF 44 Purchase Order--Invoice-Voucher FAR 13.306

When considering a simplified acquisition, which database should COs use as their primary source of vendor information? a. Federal Procurement Data System (FPDS) b. Mechanization of Contract Administration Services (MOCAS) c. System for Award Management (SAM) d. Standard Procurement Systems (SPS)

c. System for Award Management (SAM) FAR 13.102

When using fast payment procedures, who is responsible for determining the amounts of debts resulting from failure of contractors to properly replace, repair, or correct supplies that have been lost, damaged, or not conforming to purchase requirements? a. The Contractor b. The Financial Officer or Treasurer c. The Contracting Officer d. The post-office, common carrier, or point of first receipt by the government.

c. The Contracting Officer FAR 13.4

This statute provides that contracts valued in excess of $2,500 must contain mandatory provisions regarding minimum wage and fringe benefits, safe and sanitary working conditions, notification to employees of the minimum allowable compensation, and equivilent federal employee classification and wage rates. a. The Wage Rate Requirements statute (Davis-Bacon Act) b. The Kickbacks statute (Copeland (Anit-Kickback)Act) c. The Service Contract Labor Standards statute (Service Contract Act of 1965) d. The Walsh-Healey Public Contracts Act

c. The Service Contract Labor Standards statute (Service Contract Act of 1965) FAr 22.10

Which of the following is not true as to the best use of Leader contracting? a. The leader company has the necessary production know-how and is able to furnish required assistance to the follower(s) b. No other source can mee the government's requirements without the assistance of a leader company c. The assistance required of the leader company is unlimited, as to enable the followers to produce items d. Its use is authorized in accordance with agency procedures.

c. The assistance required of the leader company is unlimited, as to enable the followers to produce items The assistance required of the leader company is LIMITED TO THAT WHICH IS ESSENTIAL to enable the followers to produce items

Which of the following about a micro-purchase is true? a. They may not be awarded without soliciting competitive quotations. b. Only a contracting officer may award them. c. The governmentwide commercial purchase card program is the preferred means to purchase and pay for them. d. The requirements in FAR Part 8 do not apply to them.

c. The governmentwide commercial purchase card program is the preferred means to purchase and pay for them. FAR 13.203(a)(2)

Which of the following is true regarding blanket purchase agreements (BPAs)? a. A purchase requisition is required to establish one. b. Use of a BPA exempts an agency from the responsibility of keeping obligations and expenditures within available funds. c. They may be established with more than one supplier. d. They may be established even if there is an existing requirements contract for the same supply or service.

c. They may be established with more than one supplier. FAR 13.303-2(c)(1)

An agency bank instrument, similar to a check, that is used to acquire and to pay for supplies and services. a. Governmentwide Commercial Card Payment b. Purchase Order c. Third Party Draft d. Imprest Fund e. Blanket Purchase Agreement (BPA)

c. Third Party Draft FAR 13.305

Orders for suppliers or services, the price of which is not established at the time of issuance of the order, such as repairs to equipment that require disassembly to determine the nature or extent of the repairs. a. Governmentwide Commercial Card Payment b. Purchase Order c. Unpriced Purchase Order d. Imprest Fund or Third Party Draft e. Blanket Purchase Agreement

c. Unpriced Purchase Order FAR 13.3

Action to verify price reasonableness for purchases under the micro-puchase threshold should be taken a. only when the CO suspects or has information to indicate that the price may not be reasonable b. when purchasing a supply or service for which no comparable pricing information is readily available. c. both a and b. d. neither a or b

c. both a and b. FAR 13.2

A system whereby the CO receives authorization from a fiscal and accounting officer to obligate funds on purchase documents against a specified lump sum of funds reserved for a specified time rather than obtaining individual obligation authority on each purchase document is a. a blanket purchase agreement b. long lead funding c. bulk funding d. a charge account.

c. bulk funding FAR 13.101(b)(4)

A contract comes into being through all of the following except: a. acceptance of the order through written confirmation b. by furnishing the requested supplies c. by signing the quotation d. proceeding with the work to the point where a substantial performance has occurred.

c. by signing the quotation FAR 13

If award for IT cannot be made within 180 days, agencies should consider a. an indefinite extension of the solicitation. b. re-issuing the solicition to maintain its current status. c. cancellation of the solicitation d. a stop-work due to government delay of the solicitation.

c. cancellation of the solicitation FAR 39.1

Prior to award the CO must determine that the proposed price is fair and reasonable. When using simplified acquisition procedures, as much as practicable, price reasonableness should be based on a. cost or pricing data b. other than cost or pricing data c. competitive quotes or offers d. technical evaluation

c. competitive quotes or offers 13.1

The following are examples of types of risk for the acquisition of information technology EXCEPT a. technical obsolescence. b. technical feasibility. c. contract administration. d. dependencies between a new project and other projects or systems.

c. contract administration. FAR 39.102

Which of the following is the name of GSA's electronic system that allows ordering activities to post requirements, obtain quotes and issue orders electronically? a. GSA Advantage! b. GSA SmartPay c. e-Buy d. Customer Supply Center

c. e-Buy FAR 8.402(d)

A cash fund of a fixed amount established by an advance of funds, without charge to an appropriation, from an agency finance or disbursing officer to a duly appointed cashier for disbursement as needed from time to time in making payment in cash for relatively small purchase is a/an a. non-appropriated fund. b. general fund. c. imprest fund. d. administrative commitment document

c. imprest fund. FAR 13.001

A CO's decision not to set aside an acquisition for HUBZone small business or service-disables veteran-owned small business concerns when it is at or below the simplified acquisition threshold a. is permitted with the concurrance of the head of the contracting authority. b. can be appealed by any small business pursuant to FAR 19.4. c. is not subject to review under FAR 19.4. d. must be documented to show that adequate competition exists

c. is not subject to review under FAR 19.4. FAR 13.003(b)(3)

Contracts to acquire information technology systems in successive interoperable increments are known as a. multiyear. b. successive. c. modular. d. alpha.

c. modular. FAR 39.002

FAR Part 13.5 authorized the use of simplified acquisition procedures for the acquisition of supplies and services in amounts greater than the simplified acquisition threshold, but not exceeding a $7 million/$13 million (per 13.500(c)), including options, if the CO reasonably expects, based on the nature of the supplies or services sought and on market research, that a. offers will include only large businesses b. offers will only include small businesses c. offers will include only commercial items d. offers will include only non-commercial items.

c. offers will include only commercial items FAR 13.5

A pre-hire collective bargaining agreement with one or more labor organizations that established the terms and conditions of employment for a specific sonstruction project. a. labor organization contract b. program labor agreement c. project labor agreement d. pricing labor agreement

c. project labor agreement (PLA)

Generally, each acquisition of supplies or services that has an anticipated dollar value exceeding $3,500 and not exceeding the $150,000/$300,000/$1 million thresholds are reserved for a. large business concerns, and shall be set aside. b. international business concerns, and shall be set aside. c. small business concerns, and shall be set aside. d. the highest rated technical bidder, and shall be set aside.

c. small business concerns, and shall be set aside. FAR 13

Who can authorize continued performance in the face of a protest after award? a. the chief of the contracting office b. the CO, provided his findings are documented in the file. c. the head of the contracting activity. d. the commanding officers.

c. the head of the contracting activity. FAR 33.104(c)(2)

The following criteria can generally be applied in identifying management and operating contracts EXCEPT a. government-owned or controlled facilities must be utilized. b. special, close relationships with the contractor's and contractor personnel (e.g., safety, security, cost control, site condition). c. the work is wholly or substantially connected to the contractor's other business, if any. d. The work is closely related to the agency's mission.

c. the work is wholly or substantially connected to the contractor's other business, if any. the work is wholly or substantially SEPERATE FROM the contractor's other business, if any. FAR 17.6

The customary progress payment rate for large business concerns is 80% and 85% for small business concerns. Any percentage greater than these is considered a. during discusions. b. a negotiated rate. c. unusual. d. all of the above

c. unusual. FAR 32.5

Please put the following Contract Financing methods in order of preference per FAR 32.1 for non-commercial items purchases. i. Unusual Contract Financing ii. Loan Guarantees iii. Advance Payments iv. Customary Contract Financing v. Private financing without government guarantee. a. v, ii, iii, iv, i b. iv, ii, v, iii, i c. v, iv, ii, i, iii d. iv, v, ii, i, iii

c. v, iv, ii, i, iii FAR Part 32.1

Within what timeframe may previously conducted market research be used before the award of a task or delivery order? a. within 6 months, if the information is still current, accurate and relevant. b. within 12 months, if the information is still current, accurate and relevant. c. within 18 months, if the information is still current, accurate and relevant. d. any timeframe is allowed, as long as the information is still current, accurate and relevant.

c. within 18 months, if the information is still current, accurate and relevant. FAR 10.002(b)(1)

The simplified acquisition threshold (SAT) is $_________ except for a commercial acquisition of supplies or services, that, as determined by the head of the agency, are to be used to support a contingency operation or to facilitate defense against or recovery from nuclear, biological, chemical or radiological attack, where the threshold is $__________ for any contract to be awarded and performed, or purchase to be made inside the US; and $_________ for any contract to be awarded and performed, or purchase to be made, outside the US. a. $3,500, $150,000, $300,000 b. $150,000, $300,000, $750,000 c. $150,000, $300,000, $1,000,000 d. $150,000, $7,000,000, $13,000,000

d. $150,000, $7,000,000, $13,000,000 FAR 13.5(c)

Service contracts valued in excess of ___________ must contain mandatory provisions regarding minimum wage and fringe benefits, safe and sanitary working conditions, notification to employees of the minimum allowable compensation, and equivalent federal employee classifications and wage rates. a. $3,000 b. $150,000 c. $650,000 d. $2,500

d. $2,500 FAR 22.1002-1

Fast Payment procedures are generally used when an individual order does not exceed a. $2,500 b. $3,500 c. $30,000 d. $35,000

d. $35,000 FAR 13.4

Imprest funds may be used for transactions up to a. $25, 000 b. $10,000 c. $1,000 d. $500

d. $500 FAR 13.305-3(a)

To avoid obsolescence, a modular contract for IT should be awarded within ___________ days after the day the solicitation was issued. a. 30 b. 90 c. 120 d. 180

d. 180 FAR 39.1

To the maximum extent practicable, deliveries under the contract should be schduled to occur within ___________ months after issuance of the solicitation. a. 6 b. 12 c. 18 d. 24

d. 24 FAR 39.1

If the government is using simplified acquisition procedures and not providing access to the notice of proposed contract action and solicitation information through the government point of entry (GPE), maximum practicable competition ordinarily can be obtained through the solicitation of at least _____ sources, and, whenever practicable, requests for quotations or offers from ______ sources not included in the previous solicitation. a. 2, 1 b. 3, 1 c. 2, 2 d. 3, 2

d. 3, 2 FAR 13.1

Federal agencies shall advance sustainable acquisition by ensuring that _________ percent of new contract actions for the supply of products and for the acquisition of services (including construction) require that the products are energy-efficient, water-efficient, bio-based, environmentally preferable, non-ozone depleting, or made with recovered materials. a. 25 b. 55 c. 75 d. 95

d. 95 FAR 23.103

The CO must calculate the time value of proposal-specified contract financing arrangements using the nominal rate specified via ______________________ as the interest rate. a. the Consumer Price Index b. the Office of Federal Procurement Policy Act c. the Federal Funds Rate d. Appendix C of the Office of Management and Budget (OMB) Circular A-94, "Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Program."

d. Appendix C of the Office of Management and Budget (OMB) Circular A-94, "Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Program." FAR 32.2

The Contract Work Hours and Safety Standards statute (Act) requires which of the following? a. Each contractor and subcontractor shall furnish a weekly statement of compliance with respect to the wages paid to each employee during the preceding week. b. It is unlawful to induce any person employed in the construction or repair of public buildings or public works, financed in whole or in part by the United States, to give up any part of the compensation to which that person is entitled under a contract of employment. c. No laborer or mechanic employed directly upon the site of the work shall receive less than the prevailing wage rates as determined by the Secretary of Labor. d. Contractors and subcontractors on covered contracts shall pay laborers and mechanics employed in the performance of the contracts one and one-half times their basic rate of pay for all hours worked over 40 in a workweek.

d. Contractors and subcontractors on covered contracts shall pay laborers and mechanics employed in the performance of the contracts one and one-half times their basic rate of pay for all hours worked over 40 in a workweek. FAR 22.403-3

All of the following are FAR Part 32.1 Contract Financing Methods utilized for non-commercial items EXCEPT: a. Partial payments--more of a payment versus a financing method b. Progress payments based on percentage or stage completion--more of a payment versus a financing method c. Performance-based payments--made on the basis of performance measured by objective, quantifiable methods, accomplishment of defined events, or other quantifiable measures. d. Date-based payments--made on the basis of a monthly payment plan rather than performance or progress

d. Date-based payments--made on the basis of a monthly payment plan rather than performance or progress FAR Part 32.1

Which of the following statements is NOT true? a. The government encourages the maximum practicable commercial use of inventions made under government contracts. b. The government recognizes rights in data developed at private expense, and limits its demands for delivery of that data. c. The government requires that contractors obtain permission from copyright owners before including copyrighted works, owned by others, in data to be delivered to the government. d. Generally, the government will refuse to award a contract on the grounds that the prospective contractor may infringe a patent.

d. Generally, the government will refuse to award a contract on the grounds that the prospective contractor may infringe a patent. FAR 27.102

This type of loan is essentially the same as a conventional loan made by a private institution, except that the agency is obligated, on demand of the lender, to purchase a stated percentage of the loan and to share any losses in the amount of the agreed upon percentage. a. Advance Payment b. Progress Payment c. Prompt Payment d. Guaranteed

d. Guaranteed FAR 32.3

A cash fund of a fixed amount established by an advance of funds, without charge to an appropriation, from an agency finance or disbursing officer to a duly appointed cashier, for disbursement as needed from time to time in making payment in cash for relatively small purchases. a. Governmentwide Commercial Card Payment b. Purchase Order c. Third Party Draft d. Imprest Fund e. Blanket Purchase Agreement (BPA)

d. Imprest Fund FAR 13.305

Agreements under which the government contracts for the operation, maintenence, or support on its behalf of a government-owned or controlled research, development, special production, or testing establishment wholly or principally devoted to one or more major programs of the contracting federal agency. a. Interagency acquisition b. Leader Company contracting c. Multi-year contracting d. Management and Operating Contract

d. Management and Operating Contract FAR 17.6

A unilateral right in a contract by which, for a specified period of time, the government may elect to purchase additional supplies or services called for in the contract, or may elect to extend the term of the contract, generally not extending beyond 5 years for services. a. Interagency acquisition b. Leader Company contracting c. Multi-year contracting d. Options

d. Options FAR 17.2

FAR Part 32, Contract Financing prescribes policies and procedures for all of the following contract financing and other payment matters EXCEPT: a. Payment methods, including electronic funds transfer payments, partial payments and progress payments based on percentage or stage completion b. Loan guarantees, advance payments, and progress payments based on cost c. Administration of debts to the government arising out of contracts. d. Purchase Card statement reconciliation and collection of late payments e. Contract funding, including the use of contract clauses limiting costs or funds

d. Purchase Card statement reconciliation and collection of late payments FAR Part 32

This statute requires that laberors and mechanics must be paid time and a half for overtime work (>40 hours per week). a. The Wage Rate Requirements statute (Davis-Bacon Act) b. The Kickbacks statute (Copeland (Anit-Kickback)Act) c. The Service Contract Labor Standards statute (Service Contract Act of 1965) d. The Contract Work Hours and Safety Standards statute (Contract Work Hours and Safety Standards Act).

d. The Contract Work Hours and Safety Standards statute (Contract Work Hours and Safety Standards Act). FAR 22.4

This statute applies to supply contracts valued in excess of $15,000, addressing such matters as minimum wages, maximum hours, child labor, convict labor, and safe and sanitary working conditions. a. The Wage Rate Requirements statute (Davis-Bacon Act) b. The Kickbacks statute (Copeland (Anit-Kickback)Act) c. The Service Contract Labor Standards statute (Service Contract Act of 1965) d. The Walsh-Healey Public Contracts Act

d. The Walsh-Healey Public Contracts Act FAR 22.6

COs may obtain wage determinations using the a. System for Award Management (SAM) b. the GSA's e-Buy website c. GSA Advantage! d. WDOL website or the Department of Labor's e98 electronic process.

d. WDOL website or the Department of Labor's e98 electronic process. FAR 22.10

Written acceptance of purchase order modifications is a. not required. b. required if determined by the CO to be necessary to ensure contractor compliance with the purchase order or otherwise by agency regulation. c. always required d. a and b

d. a and b FAR 13.302

BPAs are considered complete when a. the purchases under them equal their total dollar limitation, if any b. their stated time period expires c. supplies have been delivered to a post-office, common carrier, or point of first receipt by the government d. a and b

d. a and b FAR 13.303

There are two types of wage determinations; a. general. b. project c. direct d. a and b e. b and c

d. a and b FAR 22.4

Simplified acquisition methods include the following: a. imprest funds b. third-party drafts c. cash payments less than $650 d. a and b e. a and c

d. a and b FAR 13

After determining that a blanket purchase order (BPA) would be advantageous, COs should consider suppliers a. whose past performance has shown them to be dependable. b. who offer quality supplies or services at consistently lower prices. c. who have provided numerous purchases at or below the simplified acquisition threshold. d. all of the above e. a and b only.

d. all of the above FAR 13.303

In what instance would the inclusion of an option not be in the government's best interest? a. when foreseeable requirements involve minimum economic quantities b. delivery requirements are far enough in the future to permit competitive acquisition, production and delivery c. when an indefinite quantity or requirements contract would be more appropriate d. all of the above

d. all of the above FAR 17.2

The governmentwide commercial card may be used a. for micro-purchases b. to place task or delivery orders (if authorized in the agreement) c. to make payments when the contractor agrees to accept payment by the card d. all of the above

d. all of the above Far 13.3

The simplified acquisition procedures should be used for all purchases of supplies or services not exceeding the simplified acquisition threshold, including micro-purchases, unless requirements can be met using a. sources of supply under FAR Part 8 (such as Federal Prison Industries) b. existing ID/IQ contracts c. other established contracts. d. all of the above. e. b and c only.

d. all of the above. FAR 13

When competitive quotes or offers are not available as a basis for price reasonableness, the determination may be made via a. market research. b. comparison of the proposed price with prices found reasonable on previous purchases. c. current price lists, catalogs, or advertisements. d. all of the above.

d. all of the above. FAR 13.1

When using simplified acquisition procedures, the following are expected: a. evaluation of offers in a minimally burdensome fashion b. comparative evaluation c. factors such as past performance, or knowledge of and previous experience with the supply or service being acquired. d. all of the above. e. a and c only

d. all of the above. FAR 13.1

Blanket Purchase Agreements (BPAs) may be established with a. a single firm from which numerous individual purchases at or below the SAT will likely be made in a given period. b. Federal Supply Schedule Contractors, if not inconsistent with the terms of the applicable Schedule contract. c. with one or more suppliers for supplies or services of the same type to provide maximum practicable competition d. all of the above. e. a and b only

d. all of the above. FAR 13.303

Contracts may express options for increased quantities of supplies or services in terms of a. a percentage of specific line items b. an increase of specific line items c. additional numbered line items identified as the option d. all of the above. e. a and b only

d. all of the above. FAR 17.2

Unusual progress payments may be applied when only when a. the contract necessitates pre-delivery expenditures that are large in relation to the contract price and in relation to the contractor's working capital and credit. b. the contractor fully documents an actual need to supplement any private financing available. c. the contractor's request is approved by the head of the contracting activity. d. all of the above.

d. all of the above. FAR 32.5

Solicitations and contracts must specify a. payment procedures b. payment due dates. c. interest penalties for late invoice payment d. all of the above.

d. all of the above. FAR 32.9

Acceptable methods for disseminating information on proposed contract actions include a. assisting a local trade association in disseminating information to their members, announcements in magazines at no cost, and phone calls. b. synopsis in the government-wide point of entry (GPE), phone calls, and paid advertisements. c. paid advertisements in newspapers published or printed in the District of Columbia when supplies and services will not be supplied/furnished in or around the District of Columbia. d. announcements in magazines at no cost, assisting a local trade association in disseminating information to their members, and synopsis in the government-wide point of entry (GPE).

d. announcements in magazines at no cost, assisting a local trade association in disseminating information to their members, and synopsis in the government-wide point of entry (GPE). FAR 5.101(a) & (b)

The CO placing orders under a BPA, or a designated representative, shall review a sufficient random sample of the BPA files at least _______ to ensure that authorized procedures are being followed. a. monthly b. quarterly c. twice annually d. annually

d. annually FAR 13.303

The CO that entered into the BPA shall ensure that each BPA is reviewed at least _______ , and updated if necessary. a. monthly b. quarterly c. twice annually d. annually

d. annually FAR 13.303

A funding system whereby the CO receives authorization from a fiscal and accounting officer to obligate funds on purchase documents against a specified lump sum of funds reserved for the purpose for a specified period of time rather than obtaining individual obligational authority on each purchase document. a. bundling b. ID/IQ c. blanket purchase agreement d. bulk funding

d. bulk funding FAR 13.1

Simplified acquisition methods do not include the following: a. purchase orders b. blanket purchase agreements c. governmentwide commercial purchase card d. cash payments less than $650

d. cash payments less than $650 FAR 13

Performance and payment bonds are required or may be required for a. construction contracts and services and supply contracts exceeding $2,000. b. construction contracts exceeding $150,000. c. any contract for services, d. construction contracts exceeding $150,000 and services and supply contracts exceeding the SAT when necessary to protect the governments interests.

d. construction contracts exceeding $150,000 and services and supply contracts exceeding the SAT when necessary to protect the governments interests. FAR 28.102-1(a), 28.103-1(a), 28.103-2(a)

Which of the following is NOT a statutory exemption to the Contracts for Materials, Supplies, Articles, and Equipment Exceeding $15,000 statute (Walsh-Healey Public Contracts Act)? a. commercial items b. perishables, including dairy, livestock, and nursery products c. agricultural or farm products processed for first sale by the original procedures. d. items manufactured outside the United States.

d. items manufactured outside the United States. FAR 22.604

Which is not true of multi-year contracting: a. lowers cost, enhances standardization, and reduces administrative burden. b. continuity of production or performance, potentially avoiding annual startup, testing, make-ready, and phse-out expenses. c. removes need to establish quality control best practices year over year. d. narrows the competitive base due to large quantities and high startup costs e. provides incentive to improve productivity through investment in capital equipment, facilities, and technology.

d. narrows the competitive base due to large quantities and high startup costs BROADENS the competitive base with opportunity for firms not otherwise willing or able to compete for lesser quantities, particularly in cases involving high startup costs. FAR 17.1

Who may create or authorize an obligation in excess of the funds available, or in advance of appropriations unless otherwise authorized by law (Anti-Deficiency Act). a. The head of the agency b. the head of contracting activity c. the contracting officer d. no officer or employee

d. no officer or employee FAR 32.7

It is advantageous to establish blanket purchase agreements with firms who a. have past performance records that show them to be unreliable b. bid only on purchase over the simplified acquisition threshold c. have provided few purchases at or below the simplified acquisition threshold. d. offer quality supplies or services at consistently lower prices that their competitors.

d. offer quality supplies or services at consistently lower prices that their competitors. FAR 13.303-2(b)(2)

Blanket Purchase Agreements (BPAs) are appropriate for all of the following EXCEPT: a. requirements exist for a wide variety of items within a broad class of goods, but the exact items, quantities, and delivery requirements are not known in advance b. there is a need to provide commercial sources of supply for one or more offices in a given area that do not have or need authority to purchase otherwise. c. the writing of numerous purchase orders can be avoided through the use of this procedure d. orders for suppliers or services, the price of which is not established at the time of issuance of the order, such as repairs to equipment that require disassembly to determine the nature or extent of the repairs. e. when there is no existing requirements contract for the same supply or service that the contracting activity is required to use.

d. orders for suppliers or services, the price of which is not established at the time of issuance of the order, such as repairs to equipment that require disassembly to determine the nature or extent of the repairs. This is an unpriced purchase order not a BPA. FAR 13.303

Contractors are required to perform all government contracts, so far as is practicable, without using overtime, EXCEPT when a. overtime is necessary to meet urgent program needs. b. overtime will result in lower overall cost to the government. c. overtime was approved by the contracting officer's representative. d. overtime is necessary to meet urgent program needs and will result in a lower overall cost to the government.

d. overtime is necessary to meet urgent program needs and will result in a lower overall cost to the government. FAR 22.103-2

To the maximum extent practicable, acquisition officials should state all the following requirements with respect to an acquisition of supplies or services, with the exception of a. functions to be performed. b. performance required. c. essential physical characteristics. d. preference for commercial or non-developmental items.

d. preference for commercial or non-developmental items. FAR 11.002(a)

Considering the availability of private financing, government financing is to be provided only to the extent actually needed for a. exercised options. b. any business requiring a cash flow advance. c. small business concerns requiring a cash flow advance. d. prompt and efficient performance.

d. prompt and efficient performance. FAR Part 32.1

Payment will be based on a. goods receipt b. receipt of a proper invoice c. government acceptance criteria d. receipt of a proper invoice and satisfactory contract performance.

d. receipt of a proper invoice and satisfactory contract performance. FAR 32.9

Prior to entering into a contract for information technology, an agency should analyze a. features, risks and cost. b. technical capabilities, risks, and cost. c. technical capabilities, benefits, and cost. d. risks, benefits, and cost.

d. risks, benefits, and cost. FAR 39.102

BPAs under the SAT do not include the following: a. notice of individuals authorized to place orders b. delivery tickets c. invoices d. technical evaluations

d. technical evaluations FAR 13.303

Agencies are required to use the results of market research to determine a. if detailed government specifications exist. b. a fair and reasonable price. c. the government's requirements. d. the extent to which commercial items or non-developmental items could satisfy the need.

d. the extent to which commercial items or non-developmental items could satisfy the need. FAR 10.001(a)(3)

The contracting officer must promote competition to the maximum extent practicable to obtain supplies and services from the source whose offer is a. the lowest b. a small business c. the most advantageous to the contractor, considering the administrative cost of the purchase. d. the most advantageous to the government, considering the administrative cost of the purchase.

d. the most advantageous to the government, considering the administrative cost of the purchase. FAR 13.1

Purchases using Imprest Funds or Third Party Drafts shall be based upon all of the following EXCEPT: a. an authorized purchase requisition b. contracting officer verification statement c. an agency approved method of ensuring adequate funds are available for purchase d. there is no procedural basis since the funding thresholds for both imprest funds and third party drafts fall below the micro-purchase threshold.

d. there is no procedural basis since the funding thresholds for both imprest funds and third party drafts fall below the micro-purchase threshold. FAR 13.305

The Freedom of Information Act provides that information is to be made available to the public a. by publication in the local newspaper. b. within 72 hours of the initial request. c. seven years after the contract is closed. d. upon request, providing a copy of a reasonably described record.

d. upon request, providing a copy of a reasonably described record. FAR 24.201

A contractor may assign monies due or to become due under a government order or contract the following instances EXCEPT: a. when its value exceeds $1000 b. when the assignment is made to a bank, trust company, or other financing institution. c. when the contractual document does not prohibit the assignment d. when it is directed by law via bankruptcy, reorganization or other legal mechanism. e. when the assignee sends a written notice of the assignment to the contract officer or the agency head.

d. when it is directed by law via bankruptcy, reorganization or other legal mechanism. This answer isn't real. FAR 32.8

Performance-based payments shall be used only a. when the CO and the offeror are able to agree on the performance-based payment terms and the contract is a fixed-price type contract that allows for progress payments. b. when the CO and the offeror are able to agree on the milestones and the contract is a cost-type contract. c. when the contract does not provide for other methods of contract financing and there are not measureable criteria for performance. d. when the CO and the offeror are able to agree on the performance-based terms, the contract is a fixed-type contract, and the contract does not provide for progress payments.

d. when the CO and the offeror are able to agree on the performance-based terms, the contract is a fixed-type contract, and the contract does not provide for progress payments. FAR 32.1003

The System for Award Management database includes information regarding a. small business key personnel salary information b. previously proposed prices and past performance data c. publically documented government procurement procedures d. whether a contractor has delinquent debt subject to collection under the Treasury Offset Program (TOP)

d. whether a contractor has delinquent debt subject to collection under the Treasury Offset Program (TOP) FAR 13.2

The CO shall consider all protests and seek legal advice a. only if protests are received after award and filed directly with the agency. b. only if the protest is received after award and filed directly with the GAO. c. whether protests are submitted before or after award. d. whether protests are submitted before or after award and whether filed directly with the GAO, the U.S Court of Claims, or the agency.

d. whether protests are submitted before or after award and whether filed directly with the GAO, the U.S Court of Claims, or the agency. FAR 33.102

All government contract payments shall be made via EFT, except in the provisions found at FAR 32.1103(a)(i). The following provisions are found at FAR 32.1103(a)(i) EXCEPT: a. The payment is to be received by or on behalf of the contractor outside the United States and Puerto Rico b. A contract is paid in other than United States currency c. EFT payments would be impractical due to security considerations d. The agency does not expect to make more than one payment to the same recipient within a one-year period e. A contractor prefers to be paid via Bitcoin or some other electronic form of currency.

e. A contractor prefers to be paid via Bitcoin or some other electronic form of currency. FAR 32.11

This simplified method of filling anticipated, repetitive needs for supplies or services is not a contract, but a type of "charge account" that serves as a baseline for future transactions with qualified sources of supply. a. Governmentwide Commercial Card Payment b. Purchase Order c. Unpriced Purchase Order d. Imprest Fund or Third Party Draft e. Blanket Purchase Agreement (BPA)

e. Blanket Purchase Agreement FAR 13.03

Which of the follwoing regarding Increments in Modular Contracting are NOT true a. They may vary depending on the type of information technology being acquired and the nature of the system being developed. b. They should comply with common or commercially acceptable IT standards c. They shall conform to the agency's master IT architecture and be consistent with the requirements of an overall, completed system. d. CO's shall choose an appropriate contracting technique that facilitate acquisition of subsequent increments, structured as not to require additional increments. e. Increments are most commonly used for production environments, which must be fully funded, rather than for research and development.

e. Increments are most commonly used for production environments, which must be fully funded, rather than for research and development. Increments are most commonly used for RESEARCH AND DEVELOPMENT rather than production environments, which must be fully funded. FAr 39.1

This type of contract financing is any contract financing arrangement that deviates from customary contract financing procedures delineated in FAR Part 32.114. a. Private financing without government guarantee. b. Customary Contract Financing c. Advance Payments d. Loan Guarantees e. Unusual Contract Financing

e. Unusual Contract Financing. FAR Part 32.1

The CO may make an award to a small business under the following programs EXCEPT: a. 8(a) b. HUBZone c. Service-Disabled Veteran-Owned Small Business (SDVOSB) d. Woman-Owned Small Business (WOSB) e. Woman-Owned Large Business (WOLB)

e. Woman-Owned Large Business (WOLB) FAR 13

The Progress Payments clause provides a Government right to reduce or suspend progress payments, or to increase the liquidation rate, under all of the following specified conditions: a. Fair value of undelivered work b. Fair value of delivered work c. Loss Contracts d. a & b only e. a & c only

e. a & c only FAR 32.503-6

Although a contract funded by annual appropriations may not generally cross fiscal years, these particular types of contracts may extend beyond the fiscal year in which they began, provided that any specified minimum quantities are ordered in the initial fiscal year and the contract includes the prescribed Availability of Funds for the Next Fiscal Year clause 52.232-19. a. IDIQ b. BOA c. Requirements Contract d. a & b only e. a & c only

e. a & c only FAR 32.7

Interagency acquisition may be accomplished through either a. assisted acquisitions b. direct acquisitions c. indirect acquisitions d. all of the above e. a and b only

e. a and b only FAR 17.5

Contracting officers may solicit from one source if the contracting officer determines that the circumstances of the contract action deem only one source reasonably available due to a. urgency b. exclusive licensing agreements c. brand-name d. industrial mobilization e. all of the above

e. all of the above FAR 13.1

SF 44 Purchase Order-Invoice-Voucher may be used when a. the amount of the purchase is at or below the micro-purchase threshold. b. the supplies or services are immediately available. c. one delivery and one payment will be made. d. its use is determined to be more economical and efficient than use of other simplified acquisition procedures. e. all of the above

e. all of the above FAR 13.306

Options may be exercised within the time period specified in the contract only afterit has been determined that a. funds are available b. the contractor is not found in the SAM exclusions c. the option was synopsized in accordance with FAR Part 5 d. the requirement fulfills an existing government need and is in the best interest of the government e. all of the above

e. all of the above FAR 17.2

FAR Part 32, Contract Financing prescribes policies and procedures for contract financing and other payment matters including: a. Assignment of claims to aid private financing b. Selected payment clauses c. Financing of purchases of commercial items d. Performance based payments e. all of the above

e. all of the above FAR Part 32

When competitive quotes or offers are not available as a basis for price reasonableness, the determination may be made via a. value analysis b. personal knowledge of the item being purchased c. comparison to an independent estimate d. any other reasonable basis. e. all of the above.

e. all of the above. FAR 13.1

Either Imprest Funds or Third Part Drafts may be used for purchases when the a. imprest fund transaction does not exceed $500. b. third party draft does not exceed $2,500. c. use of either procedure is considered advantageous to the government d. use of either procedure complies with any additional conditions established by agencies and with the policies and regulations. e. all of the above.

e. all of the above. FAR 13.305

PLAs (project labor agreements) a. allow all contractors and subcontractors tocompete on the project without regard to whether they are otherwise parties to collective bargaining agreements. b. contain guarantees against strikes, lockouts, and similar job disruptions. c. establish procedures for resolving labor disputes d. provide other mechanism for labor-management cooperation e. all of the above.

e. all of the above. FAR 22.5

Performance-Based Payments may only be used when the following conditions are met: a. The contracting officer and offeror are able to agree on the performance based payment terms. b. The contract is a fixed-type contract. c. For IDIQ's, the individual order does not provide for progress payments. d. for other than IDIQ's, the contract does not provide for progress payments. e. all of the above.

e. all of the above. FAR 32.10

Per the Limitation of Cost clause (52.232-20), the CO, upon learning the contractor is approaching the estimated cost or limit of funds allotted, must promptly notify the contractor in writing that a. additional funds have been allotted or the estimated cost has increased. b. the contract will not be further funded. c. the contract is to be terminated. d. the government is considering whether to alot additional funds or increase the estimated amount. e. all of the above.

e. all of the above. FAR 32.7

Types of risk in the acquisition of information technology may include a. schedule risk b. risk of technical obsolescence c. cost risk d. contract (type) risk e. all of the above.

e. all of the above. FAR 39.1

Even while using simplified acquisition procedures, the COs are to: a. Promote competition to the maximum extent possible b. Establish reasonable deadlines for submission of responses to solicitations c. Consider all quotations or offers that are received on time. d. Use innovative approaches to the maximum extent practicable. e. all of the above.

e. all of the above. FAR 13

The benefit for the government in using simplified acquisition procedures includes the following: a. reduced administrative costs b. increased opportunities for small business and small disadvantaged business concerns to obtain a fair proportion of government contracts c. promotes efficiency and economy in contracting d. avoids unnecessary burdens for agencies and contractors e. all of the above.

e. all of the above. FAR 13

Under FAR 32.2 for Commercial Item Purchase Financing, commercial interim payments and commercial advance payments may be made under the following circumstances: a. if, prior to any performance of work under thecontract, the aggregate of commercial advance payments shall not exceed 15% of the contract price in a competitive environment. b. the contract price exceeds the simplified acquisition threshold. c. if sole source, adequate consideration it obtained. d. if sole source, concurrance from the payment office regarding liquidation provisions if required. e. all of the above.

e. all of the above. FAR 32.2

The Limitation of Cost clause (52.232-20) is used a. in cost-reimbursement contracts that are fully funded. b. in cost-reimbursement contracts that are partially funded. c. in incrementally funded cost-reimbursement contracts. d. a & c only e. b and c only

e. b and c only FAR 32.7

If a purchase order needs to be terminated, the action taken is dependent on the circumstance. If a contractor has accepted a purchase order in writing and attempts to recover costs from starting performance, it shall be handled as either a. the FAR Part 15 and 52.212-4(l) or (m) termination for commercial items procedures b. the FAR Part 12.403 and 52.212-4(l) or (m) termination for commercial items procedures commercial items c. the FAR Part 49 or 52.213-4 termination for non-commercial items procedures d. both a and c e. both b and c

e. both b and c FAR 13.302

If a purchase order needs to be terminated, the action taken is dependent on the circumstance. If a purchase order has not been accepted in writing, the CO shall a. notify the contractor verbally that the order has been cancelled b. notify the contractor in writing that the order has been cancelled c. request written acceptance from the contractor of the purchase order cancellation with no further action d. both a and c e. both b and c

e. both b and c FAR 13.302

If a purchase order needs to be terminated, the action taken is dependent on the circumstance. If the contractor has accepted the purchase order, the contracting officer shall proceed with the termination procedure appropriate for the item covered by the order, which is either a. the FAR Part 15 and 52.212-4(l) or (m) termination for commercial items procedures b. the FAR Part 12.403 and 52.212-4(l) or (m) termination for commercial items procedures c. the FAR Part 49 or 52.213-4 termination for non-commercial items procedures d. both a and c e. both b and c

e. both b and c FAR 13.302

BPAs under the SAT do not include the following: a. description of the agreement b. the extent of the obligation c. pricing d. purchase limitations e. discussions

e. discussions FAR 13.303

Even when using simplified acquisition procedures, the following are still required: a. formal evaluation plans b. establishing a competitive range c. conducting discussions d. scoring quotations e. none of the above

e. none of the above FAR 13.1

Types of risk in the acquisition of information technology may include a. technical feasibility b. dependencies between a new project and other project systems c. the number of simultaneous high risk projects to be monitored, d. funding availability e. program management risk f. all of the above.

f. all of the above. FAR 39.1

Section 508 of the Rehabilitation Act of 1973 does not apply if a. the electronic and information technology (EIT) is a micro-purchase. b. is for a national security system. c. is acquired by the contract incidental to a contract. d. is located in spaces frequented by service personnel for mainenance, repair or monitoring. e. would impose an undue burden on an agency. f. all of the above.

f. all of the above. FAR 39.2