Federal Acquisition Environment and Contracting Fundamentals

Question 1

What was established by Congress in 1974 to provide overall direction for government-wide procurement policies, regulations and procedures and to promote economy, efficiency and effectiveness in acquisition processes

Answer 1

Office of Federal Procurement Policy (OFPP)

Question 2

Who oversees the Defense Acquisition Regulations (DAR) Council

Answer 2

Director of Defense Procurement and Acquisition Policy (DPAP)

Question 3

Who has the sole responsibility for maintaining the Department of Defense Federal Acquisition Regulation Supplement (DFARS) and the Procedures, Guidance, and Information (PGI) and is one of the two councils that maintain the FAR

Answer 3

DAR Council

Question 4

What are the Major Categories of Acquisition

Answer 4

Supplies and equipment
Services
Construction
Research and Development

Question 5

What are the Three Phases of Contracting

Answer 5

Contract Planning (Working w/customer)
--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 activities

Question 6

What are the three types of contracting officers

Answer 6

Procuring Contracting Officer (PCO)

Administrative Contracting Officer (ACO)

Termination Contracting Officer (TCO)

Question 7

Who is the eyes and ears of the contracting officer?

Answer 7

Contracting officer’s representative