1. NCMA (FAR 1,2,3,4,23,24,25) Flashcards
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?
Freedom of information act (FOIA)
FAR 24.203(a)
Best value means
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
Not a condition under which an unauthorized commitment may be ratified?
The unauthorized commitment is under the simplified acquisition threshold. FAR 1.602-3(c)
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?
Determination and Findings (D&F). FAR 1.701
The Federal Acquisition Regulations system was established for the codification and publication of uniform policies and procedures for
All executive agencies. FAR 1.101
Describes an “unauthorized commitment
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):
Revisions to the FAR will be prepared and issued through the coordinated action of:
The Defense Acquisition Regulations Council and the Civilian Acquisition Council. FAR 1.201-1
How to read FAR citation 15.506(a)
15 is the part, 5 is the subpart, 06 is the section, and a is the paragraph. FAR 1.105-2
Contractors must retain all records pertaining to a government contract for a minimum of ____________ from the date final payment is made under the contract.
(3) Three years. FAR 4.7
The federal government shall use electronic commerce:
Whenever it is practicable or cost-effective. FAR 4.5
Describe Buying-In
Submitting an offer below anticipated costs to receive follow-on contracts at artificially high prices. FAR 3.5
The Kickbacks statute forbids a subcontractor from doing what?
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
Which of the following is not considered an offer?
A response to a request for quotations. FAR 2.101
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.
Bundling. FAR 2.101
Which of the following is not one of the contracting officer’s authorities and responsibilities?
To obtain the lowest price on behalf of the government. FAR 1.6