Contracting Exam 1 Flashcards
What are the three branches of Gov’t?
Legislative
Executive
Judicial
Major Categories of Acquisition
- Supplies and equipment
- Services
- Construction
- Research and Development
What are the three phases of contracting?
Contract Planning
Contract Formation
Contract Administration
What occurs during the contract planning phase?
Market Research
Planning for competition
Describing agency needs
What occurs during the contract formation phase?
Solicitation
Negotiation of terms
Prepare and Award
What occurs during the contract administration phase?
All post award activities
Payment
What are the three types of KOs
-Procuring Contracting Officer (PCO) — KO primarily engaged in awarding contracts
- Administrative Contracting Officer (ACO)
- –Primarily engaged in administering contracts (Post Award)
- Termination Contracting Officer (TCO)
- –Primarily engaged in Terminating Contracts
What is the source of the Governments contracting powers?
The Constitution
What are the advantages of teamwork?
-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
What are the disadvantages of teamwork?
- Takes more time
- Takes effort
- Takes patience
- Getting everyone together and listen to all ideas
What are the main E-business tools?
- FedBizOpps
- System for Award Management (SAM)
- DoD Contractor’s Performance Assessment Review System (CPARS)
- Standard Procurement System (SPS)
What system is used to excluded businesses from consideration
EPLS (Excluded Parties List System)
What is the primary vendor database for the US Government?
SAM (System for Award Management)
What is the DPAP?
of Defense Procurement and Acquisition Policy
What are the duties of the DPAP?
DPAP oversees the Defense Acquisition Regulations (DAR) Council
What is the OFPP?
Office of Federal Procurement Policy (OFPP)
What does the OFPP do?
provide overall direction for government-wide procurement policies, regulations and procedures and to promote economy, efficiency and effectiveness in acquisition processes
What is FAR Part 1?
The FAR
Federal Acquisition Regulations System