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Contracting Exam 1 > Contracting exam 1 > Flashcards

Contracting exam 1 Flashcards

1
Q

What are the major categories of acquisition?

A

o Supplies and equipment
o Services
o Construction
o Research and Development

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2
Q

❖ What is the source of the Government’s contracting powers?

A

o U.S. is a constitution based federal republic (not a democracy)

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3
Q

Name the three major phases of contracting

A

o Contract Planning (Working w/customer)
o Contract Formation (Execution)
Contract Administration (Assessment)

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4
Q

❖ What are the types of KOs and their duties?

A

o Procuring Contracting Officer (PCO)
▪ KO primarily engaged in awarding contracts
o Administrative Contracting Officer (ACO)
▪ Primarily engaged in administering contracts (Post Award)
o Termination Contracting Officer (TCO)
▪ Primarily engaged in Terminating Contracts

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5
Q

Defense Procurement and Acquisition Policy (DPAP) oversees

A

Defense Acquisition Regulations (DAR) Council

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6
Q

DAR Council is one of two councils that

A

maintains the FAR

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7
Q

DAR Council has the sole responsibility for maintaining

A

the Department of Defense Federal Acquisition Regulation Supplement (DFARS) and the Procedures, Guidance, and Information (PGI)

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8
Q

Contracting Process

A

Planning, Formation, Administration

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9
Q

List some key success factors for effective team building?

A
  • Leadership
  • Member Competency
  • Skill mix
  • Shared vision
  • Collaboration
  • Empowerment
  • Technology Support
  • Collocation
  • Team Size
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10
Q

What are some advantages of teamwork?

A
  • Able to do more together than alone
  • Able to share resources
  • Able to brainstorm ideas
  • Innovation and creativity is enhanced
  • Able to create extraordinary results
  • Individuals bring their own expertise
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11
Q

What are some disadvantages of teamwork?

A
  • Takes more time
  • Takes effort
  • Takes patience
  • Getting everyone together and listen to all ideas
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12
Q

❖ Identify members of the Acquisition Team?

A 
o	End user or customer
o	Contracting professional
o	Program Manager
o	Contracting Officer’s Representative (COR)
o	Financial Manager
o	Auditor
o	Property Administrator
o	Logistics Manager
o	Legal
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13
Q

❖ Name some characteristics of effective communication

A 
●	Non-verbals 
●	Appearance
●	Trust
●	Sending/receiving
●	Coaching
o	Give effective feedback
o	Focus on positive
o	Clear goals
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14
Q

When does Acquisition planning begin?**

A

As soon as the agency need is identified (FAR Part 7)

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15
Q

What is market research?

A

Collecting and analyzing information about capabilities within the market to satisfy agency needs

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16
Q

What are the two types of market research and how do they differ?**

A

Strategic Market Research (on-going, Not specific) Tactical Market Research (Focused, Specific)

17
Q

Where are Acquisition plans found in the FAR?

A

FAR Part 7

18
Q

How much market research should we do?

A

The extent of market research will vary, depending upon factor such as: Urgency, Estimated dollar value, Complexity, past experience, Amount of info already available

19
Q

What are some potential sources for conducting market research?**

A

A. System for Award Management-www.sam.gov
B. FedBizOps
C. Catalogs
D. Trade shows
E. Historical acquisition data
F. GSA Advantage – Federal Supply Schedules
G. Electronic Document Access (EDA)

20
Q

What is the 8(a) Program?**

A

Program provides business development assistance to companies owned by socially and economically disadvantaged individuals

21
Q

How long can a 8(a) program exist

A

9 years

22
Q

What are the dollar thresholds for Justification & Approval?**

A

Not Exceeding $700K – Contracting Officer
Over $700K - $13.5 Million – Competition Advocate for the procuring activity (not delegable)
Over $13.5 Million – $93 Million – Head of the Contracting Activity
Over $93 Million – Under Secretary of Defense for AL&T

23
Q

What Act provides for full and open competition?**

A

Competition in Contracting Act (CICA) Established requirement to use “competitive procedures” in acquiring supplies/services

24
Q

What are the three types of competition?

A
  1. Full and Open Competition
     All responsible sources permitted to compete
  2. Full and Open Competition After Exclusion of Sources
     Set-Asides for Small Business Concerns
     8(a) Programs
  3. Other Than Full and Open Competition
     Sole Source
     Limited competition required to meet requirements
     Seven statutory exceptions
25
Q

What document is required for other than full and open competition.

A

Justification & Approval

26
Q

Government Perchance Card is the preferred method for Micro-purchases?

A

5K Supplies

5K Services

27
Q

what is a Multi-agency contracts (MACs)

A

Are Task Order or Delivery Order contracts established by one Agency for use by Government Agencies to obtain a variety of supplies and services. The Economy Act (FAR 17.5>) applies to orders placed under MACs, with the exception of MACs for information technology established pursuant to the Clinger-Cohen Act (supplies and services)

28
Q

What is Government –wide acquisition contracts (GWACS)

A

Are Task Order or Delivery Order contracts for information technology established by one Agency for Government wide use. The Office of Management and Budget (OMB), pursuant to section 5112(e) of the Information Technology Management Reform Act (ITMRA) and better known as the Clinger-Cohen Act, designates an Executive Agent to operate each GWAC. The Economy Act does not apply when placing orders under GWACs.(IT applies)

29
Q

What is the Competition Advocate and what are they responsible for?

A

Designated at the agency and each procuring activity
Promotes the acquisition of commercial items
Promotes full and open competition
Helps the agency to meet their small business goals
Recommends a system of personal and organizational accountability for competition

30
Q

What are the types of KOs and their duties?

A
  1. Procuring Contracting Officer (PCO)
    KO primarily engaged in awarding contracts
  2. Administrative Contracting Officer (ACO)
    Primarily engaged in administering contracts (Post Award)
  3. Termination Contracting Officer (TCO)
    Primarily engaged in Terminating Contracts
31
Q

What are some advantages of teamwork?

A 
Able to do more together than alone
Able to share resources
Able to brainstorm ideas
Innovation and creativity is enhanced
Able to create extraordinary results
Individuals bring their own expertise
32
Q

What are some disadvantages of teamwork?

A

Takes more time
Takes effort
Takes patience
Getting everyone together and listen to all ideas

Contracting Exam 1 (1 decks)

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