1502-C-Federal Acquisition Environment and Contracting Fundamentals Flashcards
What are the four Major Categories of Acquisition?
Supplies and equipment
Services
Construction
Research and Development
Where do we get the power to enter into a contract?
U.S. is a constitution based federal republic (not a democracy)
Head of State (President) and Congress are elected representatives of the people and must govern to a constitution that limits the Government’s power over the people
What s the Framework of the Federal Acquisition Environment?
Constitution is the heart of the American Legal system
Written to provide for a separation of powers, or three branches of government
Legislative
Executive
Judicial
Which Branch of Government are we under?
The Executive Branch
What does the Legislative Branch consist of?
Congress
Senate
House
Architect of the Capitol
United States Botanical Garden
Government Accountability Office
Government Printing Office
Library of Congress
Congressional Budget OfficeWhat is the role of the Legislative Branch in Government?
Congress has the sole power to authorize payments from the US Treasury
Congress confers authority to agency
Congress gives “Budget Authority”
Strings attached by statutes, authorization acts and appropriation acts
Who does the Executive Branch consist of?
The President, The Vice President, Executive Office of the President, White House Office, Office of the Vice President, Council of Economic Advisers, Council on Environmental Quality, Office of Administration, Office of Mgmt and Budget, Office of National Drug Control, Office of Policy Development, Office of Science and Technology, Office of the United States Trade Representative
What office Established by Congress in 1974 to provides overall direction for government-wide procurement policies, regulations and procedures and to promote economy, efficiency and effectiveness in acquisition processes
Appointed by the President, confirmed by the Senate
Office of Federal Procurement Policy (OFPP)
The FAR only applies to one type of transaction: the procurement of what?
supplies and services
What are the three Phases of Contracting?
Contract Planning
Market research
Planning for Competition
Describing agency needs
Contract Formation (Execution)
Solicitation
Negotiation of contract terms
Prepare and award
Contract Administration (Assessment)
All post award activitiesName three contracting personnel.
1) Procuring Contracting Officer (PCO)
KO primarily engaged in awarding contracts
2) Administrative Contracting Officer (ACO)
Primarily engaged in administering contracts
3) Termination Contracting Officer (TCO)
Primarily engaged in Terminating Contracts
Contracting Officer (KO)
- a person with the authority to enter into,
administer, and/or terminate contracts
Who is the eyes and ears of the Contracting Officer (KO)?
The Contracting Officer’s Representative (COR)
What are the types of contractual transactions that the government enters into?
Procurement of Supplies and services Purchase of real property Sale of real or personal property Making grants, cooperative agreements, cooperative research and development agreements (CRADAs), and “other transactions” Employing personnel
What is the Role of the Executive Branch?
Majority of acquisition is performed by executive agencies
Executive branch exercises control over the acquisition primarily through the issuance of executive orders, departmental memoranda and the promulgation of regulations
What does the Judicial Branch consist of?
The Supreme Court of the United States
United States Court of Appeals
United States District Courts
Territorial Courts
United States Court of International Trade
United States Court of Federal Claims
United States Court of Appeals for the Armed Forces
United States Tax Court
United States Court of Appeals for Veterans Claims
Administrative Office of the United States Courts
Federal Judicial Center
United States Sentencing Committee
