FAR Part 50 Flashcards

Extraordinary Contractual Actions and The Safety Act

1
Q

Part 50

A

Extraordinary Contractual Actions and The Safety Act

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Part 50 - Extraordinary Contractual Actions and The Safety Act

Subpart 50.1 - Extraordinary Contractual Actions

  • Purpose: Provides guidelines for handling extraordinary contractual
    actions to facilitate the national defense (FAR 50.101).
  • Key Features:
A
  • Criteria for determining eligibility for extraordinary contractual relief (FAR 50.102).
  • Procedures for submitting and processing requests for contractual adjustments (FAR 50.103).
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Part 50 - Extraordinary Contractual Actions and The Safety Act

Subpart 50.2 - Support Anti-terrorism by Fostering Effective Technologies Act of 2002 (SAFETY Act)

  • Purpose: Establishes procedures for implementing the SAFETY Act to support anti-terrorism technologies (FAR 50.201).
  • Key Features:
A
  • Guidelines for qualifying technologies under the SAFETY Act (FAR 50.202).
  • Procedures for obtaining liability protections for anti-terrorism technologies (FAR 50.203).
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Subpart 50.1
* Extraordinary Contractual Actions

Subpart50.2
* SupportAnti-terrorism by Fostering Effective Technologies Act of 2002

A

Authority for Specific Federal Agencies

Extraordinary contractual relief
* contractual adjustments,
* advance payments
* the exercise of residual powers

Public Law 85-804

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

FAR 50.103-2 Contractual adjustments

A

1.Amendments without consideration

2 . Correcting Mistakes
* A mistake or ambiguity consisting
of the failure to express
* A contractor’s mistake
* A mutual mistake as to a material fact

3 . Formalizing informal commitments

For all three types of
contractual adjustments, COs shouldrefert oFAR5 0a n d
document appropriately

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

FAR 50.103-7 Contract Requirements

A

(1) A citation of Pub.L.85-804 and E.O. 10789;
(2) A brief statement of the
circumstances justifying t h e action; a n d
(3)A recital of the finding that the action will facilitate the national defense

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

FAR 50.104-3

A

Request for the indemnification
clause to cover unusually hazardous or nuclear risks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

The primary purpose of the Extraordinary Contractual Actions and SAFETY Act is

A

to provide policies and procedures to address emergency matters, by providing additional contract authority to include indemnification protections for contractors and standardizing approvals in government.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

It also addresses the Support Antiterrorism by Fostering Effective Technologies Act 2002 (SAFETY
Act) by

A

identifying authorities, policies, and procedures required to implement the statute.

As SAFETY Act is about antiterrorism technologies, it provides considerations for prequalification, approval of technology contingent upon Safety Act designation, and award of contract presuming a SAFETY Act designation is forthcoming

How well did you know this?
1
Not at all
2
3
4
5
Perfectly