Book Quiz Flashcards
How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation?
Every 5 years
A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain actions is defined as a
determination and findings
Contracting offices below the level of________ shall be selected and appointed.
a head of contracting activity
According to the FAR conventions of subpart 1.1 each authority is delegable unless
specifically stated otherwise.
When an imperative sentence directs action in the FAR, who is responsible for the action unless another party is expressly cited?
The contracting officer.
Unauthorized commitments are agreements. that are NOT binding solely because
The government representative who made the agreement lacked the authority to enter into it .
The simplified acquisition threshold for any contract in support of contingency operations to be awarded and performed, or purchased to be made, outside the U.S. is
1.5 million
What is a commercial item?
A nondevelopmental item, if the procuring determines the item was developed exclusively at private expense and sold in substantial quantities on a competitive basis to multiple state and local governments.
Consolidating 2 or more requirements for supplies or services, previously provided or performed under separate smaller contracts, into a solicitation for a single contract that is likely to be unsuitable for award to a small business concern is
bundling
Blanket purchase agreements and imprest funds are included in the definition of a
Contract
The government can minimize the opportunity of buying in by
multiyear contracting, priced options, and amortization of noncurring costs
A contractor’s arrangements to pay contingent fees for soliciting government contracts have long been considered contrary to public policy because
they may lead to exercise to unproper use
Compensation of any kind to a prime contractor, subcontractor etc.. is a
kickback
A contract with a corporation shall be signed in the corporate name, followed by the word “by”, and the signature of the person authorized by the corporation. True or False?
True
Contractors must retain all records pertaining to a government for a minimum of
3 years from the date of the final payment unless otherwise specified
Contractors’ representation and certifications are submitted through the system of
Award Management
Agencies must submit OMB guidelines. for personal identity verification when
Contractors have routine physical access to enter a federally controlled facility or information system.
Under the Prohibition on Contracting for Certain Telecommunications and Video Surveillance extending an existing contract that contains covered telecommunication equipment is not prohibited. True or False
True
What is the dollar threshold for public announcement of contract awards?
$4,500,000
Acceptable methods for disseminating information on proposed contract actions include
announcements in magazines at no cost,
What is the minium response time for receipt of bids or proposals for noncommercial item solititations?
30 days from the date of publication of a proper notice of intent to contract
The contracting officier may use competitive proposals in leui of sealed bids if
if it is neccesary to conduct discussions
The contracting officer’s certification can serve as approval of the justification for other than full and open competition for a contract NOT exceeding $
$75,000
FAR part 6, Competition Requirements applies to
A 1-million-dollar contract for services
