1. NCMA (FAR 1,2,3,4,23,24,25) Flashcards

1
Q

What law specifies how agencies shall make their records available upon public request, imposes strict time standards for agency responses, and exempts certain records from public disclosure?

A

Freedom of information act (FOIA)
FAR 24.203(a)

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2
Q

Best value means

A

The expected outcome of an acquisition that, in the government’s estimation, provides the greatest overall benefit in response to the requirement. FAR 2.101

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3
Q

Not a condition under which an unauthorized commitment may be ratified?

A

The unauthorized commitment is under the simplified acquisition threshold. FAR 1.602-3(c)

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4
Q

A special form of written approval by an authorized official that is required by statute or regulation as a prerequisite of taking certain contract actions?

A

Determination and Findings (D&F). FAR 1.701

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5
Q

The Federal Acquisition Regulations system was established for the codification and publication of uniform policies and procedures for

A

All executive agencies. FAR 1.101

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6
Q

Describes an “unauthorized commitment

A

An agreement which is not binding solely because the government representative who made it lacked the authority to enter into that agreement. FAR 1.602-3(a):

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7
Q

Revisions to the FAR will be prepared and issued through the coordinated action of:

A

The Defense Acquisition Regulations Council and the Civilian Acquisition Council. FAR 1.201-1

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8
Q

How to read FAR citation 15.506(a)

A

15 is the part, 5 is the subpart, 06 is the section, and a is the paragraph. FAR 1.105-2

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9
Q

Contractors must retain all records pertaining to a government contract for a minimum of ____________ from the date final payment is made under the contract.

A

(3) Three years. FAR 4.7

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10
Q

The federal government shall use electronic commerce:

A

Whenever it is practicable or cost-effective. FAR 4.5

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11
Q

Describe Buying-In

A

Submitting an offer below anticipated costs to receive follow-on contracts at artificially high prices. FAR 3.5

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12
Q

The Kickbacks statute forbids a subcontractor from doing what?

A

Making a payment for the purpose of obtaining favorable treatment in connection with a prime contract or a subcontract relating to a prime contract. FAR 3.502-2

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13
Q

Which of the following is not considered an offer?

A

A response to a request for quotations. FAR 2.101

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14
Q

This term refers to consolidating two or more requirements for supplies or services previously provided or performed under separate or small contracts into a solicitation for a single contract that is likely to be unsuitable for award to a small business concern.

A

Bundling. FAR 2.101

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15
Q

Which of the following is not one of the contracting officer’s authorities and responsibilities?

A

To obtain the lowest price on behalf of the government. FAR 1.6

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16
Q

The FAR is prepared, issued, and maintained by:

A

The Secretary of Defense, the Administrator of General Services, and the Administrator of the National Aeronautics and Space Administration. FAR 1.103.

17
Q

Which of the following is not considered a contract?

A

A grant or cooperative agreement. FAR 2.101

18
Q

A prospective contractor would be obligated to register in the System for Award Management database prior to contract award in which of the following cases?

A

A micro purchase using the electronic funds transfer method for payment. FAR 4.1102

19
Q

What is the federal policy on standards of conduct?

A

The general rule is to avoid strictly any conflict of interest or even the appearance of a conflict of interest in government-contract relationships. FAR 3.101-1