Part 3a Char GPT FAR Questions Flashcards by Todd Schak

What is the primary purpose of FAR Part 5?
A) Establish pricing strategies for government contracts
B) Define small business subcontracting goals
C) Ensure public access to government contract opportunities
D) Prescribe contract administration procedures

C) Ensure public access to government contract opportunities

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When must a contracting officer synopsize a proposed contract action in the Governmentwide Point of Entry (GPE)?
A) For actions exceeding $25,000
B) For actions exceeding $100,000
C) For all sole-source contracts
D) For all competitive awards

A) For actions exceeding $25,000

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According to FAR 5.003, what must contracting officers publicize for contract actions?
A) Award dates
B) Solicitation cancellations
C) Proposed contract actions
D) Sole-source justifications

C) Proposed contract actions

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Which of the following methods is commonly used to publicize contract actions under FAR Part 5?
A) Posting notices on the agency’s internal website
B) Publishing notices in local newspapers
C) Synopsizing notices on the Governmentwide Point of Entry (GPE)
D) Sending notices directly to prospective contractors

C) Synopsizing notices on the Governmentwide Point of Entry (GPE)

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What is the Governmentwide Point of Entry (GPE)?
A) A contract review portal for government personnel
B) A centralized location for agencies to publicize contracting opportunities
C) A training platform for acquisition professionals
D) A database for government contract award data

B) A centralized location for agencies to publicize contracting opportunities

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What is the time frame for publicizing a pre-solicitation notice for contract actions expected to exceed $25,000?
A) 5 days before issuing the solicitation
B) 15 days before issuing the solicitation
C) 30 days before issuing the solicitation
D) 45 days before issuing the solicitation

: B) 15 days before issuing the solicitation

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According to FAR 5.201(b)(1), when is publicizing contract actions not required?
A) When the contract is for foreign military sales
B) When the acquisition is made using simplified acquisition procedures
C) When the action is for urgent and compelling needs
D) When the total contract value is below $3,500

D) When the total contract value is below $3,500

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Which of the following is not an exception to publicizing contract actions under FAR Part 5?
A) The action is authorized under FAR 6.302-2 (Unusual and compelling urgency)
B) The contract will be performed outside the United States
C) The contract is to be awarded to a small business
D) The disclosure of the agency’s needs would compromise national security

C) The contract is to be awarded to a small business

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Under FAR 5.203, what is the minimum time contracting officers must allow for submission of bids in response to a solicitation for research and development contracts over $25,000?
A) 15 days
B) 20 days
C) 30 days
D) 45 days

C) 30 days

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FAR 5.207 outlines the preparation of which type of document for publicizing contract actions?
A) Solicitation
B) Justification and Approval (J&A)
C) Synopsis
D) Contract award notice

C) Synopsis

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Which of the following must be included in the synopsis of a proposed contract action according to FAR 5.207?
A) The agency’s budget allocation for the contract
B) A description of the supplies or services
C) The name of the contracting officer
D) The estimated award date

B) A description of the supplies or services

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When must agencies post the justification for a sole-source contract over $25,000?
A) Before award
B) After award
C) Concurrent with award
D) It is not required to be posted

C) Concurrent with award

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According to FAR 5.404-1, which of the following is NOT considered an exception to the publication of award notices?
A) Contracts awarded using simplified acquisition procedures
B) Contracts for urgent and compelling needs
C) Contracts involving classified information
D) Contracts below $25,000

A) Contracts awarded using simplified acquisition procedures

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Under FAR Part 5, how soon after contract award must an award notice be published in the GPE for contracts exceeding $7.5 million?
A) 3 days
B) 5 days
C) 7 days
D) 10 days

B) 5 days

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FAR Part 8 establishes a preference for using what type of sources for obtaining supplies and services?
A) Commercial sources
B) Required government sources
C) Competitive small business sources
D) Open market sources

B) Required government sources

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According to FAR Part 8, which of the following is NOT a required source of supply?
A) Federal Prison Industries (UNICOR)
B) AbilityOne Program
C) GSA Federal Supply Schedules
D) Small business contractors

D) Small business contractors

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Under FAR 8.002, which of the following is the first source agencies must consider for supplies?
A) Commercial sources
B) AbilityOne Program
C) GSA Federal Supply Schedules
D) Agency inventories

D) Agency inventories

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What is the primary mission of the AbilityOne Program, as defined under FAR Part 8?
A) Provide supplies and services at the lowest cost
B) Ensure contracting officers use commercial sources
C) Create employment opportunities for people who are blind or have other severe disabilities
D) Support federal initiatives for competitive small business awards

C) Create employment opportunities for people who are blind or have other severe disabilities

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Under FAR Part 8, when can contracting officers purchase from commercial sources instead of using required sources like Federal Prison Industries (UNICOR)?
A) When commercial sources offer lower prices
B) When the required sources cannot meet delivery schedules
C) When the contract is for less than $3,500
D) When the contractor is located outside the United States

B) When the required sources cannot meet delivery schedules

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According to FAR 8.003, which of the following is NOT listed as a required source for services?
A) AbilityOne Program
B) GSA Federal Supply Schedules
C) Commercial sources
D) Federal Prison Industries (UNICOR)

D) Federal Prison Industries (UNICOR)

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Under FAR 8.704, when must contracting officers consider acquiring supplies and services from the AbilityOne Program?
A) Only if the supplies are not available through GSA
B) For all contracts under $100,000
C) If the supplies or services are on the Procurement List
D) Only for emergency procurements

C) If the supplies or services are on the Procurement List

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What is the “Procurement List” as defined in FAR 8.701?
A) A list of authorized small business contractors
B) A list of supplies and services available from commercial sources
C) A list of supplies and services available from the AbilityOne Program
D) A list of non-competitive contract actions

C) A list of supplies and services available from the AbilityOne Program

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Under FAR Part 8, what is the primary consideration when purchasing products from Federal Prison Industries (UNICOR)?
A) Price competitiveness
B) Supporting employment opportunities for prisoners
C) Compliance with government policies
D) Timeliness of delivery

B) Supporting employment opportunities for prisoners

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Under FAR 8.002, if required sources of supplies or services are not available, what is the next step for the contracting officer?
A) Conduct a full and open competition
B) Issue a sole-source award
C) Use commercial sources
D) Report to the agency head for a waiver

C) Use commercial sources

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14. Under FAR 8.002, what source should be considered after supplies from Federal Prison Industries (UNICOR)? A) Commercial sources B) AbilityOne Program C) GSA Federal Supply Schedules D) Open market sources

C) GSA Federal Supply Schedules

15. According to FAR 8.602(a), when is a contracting officer allowed to use a source other than Federal Prison Industries (UNICOR) for supplies? A) When UNICOR does not provide the specific product B) When UNICOR’s prices are higher than the commercial market C) When UNICOR cannot meet the quality standards D) When UNICOR is unable to meet delivery requirements

D) When UNICOR is unable to meet delivery requirements

8. What is the purpose of the Federal Supply Schedule Program as outlined in FAR Part 8? A) To establish competition between small businesses B) To create a system for buying supplies from state governments C) To simplify the procurement of supplies and services through pre-negotiated contracts D) To provide employment opportunities to disabled veterans

C) To simplify the procurement of supplies and services through pre-negotiated contracts

9. According to FAR 8.405-1, which of the following is a valid reason to order from GSA Federal Supply Schedules? A) When the supplies or services are not available from required sources B) When the supplies are more expensive than commercial sources C) When the procurement is under the simplified acquisition threshold D) When the supplies are only available as surplus property

A) When the supplies or services are not available from required sources

1. What is the primary purpose of conducting market research as outlined in FAR Part 10? A) To ensure fair competition B) To determine if commercial items are available to meet government needs C) To identify small business sources D) To develop acquisition strategies

B) To determine if commercial items are available to meet government needs

2. According to FAR 10.002(b)(1), when must agencies conduct market research? A) Only when required by the contracting officer B) Before soliciting offers for acquisitions over the simplified acquisition threshold C) After contract award D) When acquiring supplies from Federal Prison Industries (UNICOR)

B) Before soliciting offers for acquisitions over the simplified acquisition threshold

3. Which of the following is NOT an objective of market research under FAR Part 10? A) Determining the availability of commercial items B) Identifying the capabilities of small business sources C) Establishing fixed-price contract terms D) Determining customary practices in the commercial market

C) Establishing fixed-price contract terms

4. What is required when conducting market research for acquisitions below the simplified acquisition threshold? A) Extensive, formal market research B) Market research appropriate to the circumstances C) No market research is required D) A comprehensive market analysis

B) Market research appropriate to the circumstances

7. FAR Part 10 emphasizes market research as a tool for identifying what kind of items? A) Government-unique items B) Small business set-aside items C) Commercial and nondevelopmental items D) Military-specific items

C) Commercial and nondevelopmental items

8. Under FAR 10.001(a)(2), when should agencies conduct market research? A) Only after a solicitation has been issued B) Prior to developing new requirements C) After developing a solicitation but before awarding a contract D) After contract performance begins

B) Prior to developing new requirements

10. Under FAR 10.002(b)(2), market research involves which of the following activities? A) Soliciting proposals from prospective contractors B) Assessing the availability of potential sources C) Awarding sole-source contracts D) Developing a statement of work (SOW)

B) Assessing the availability of potential sources

12. Which of the following is an example of informal market research? A) Issuing a request for information (RFI) B) Conducting interviews with suppliers C) Publishing a sources sought notice D) Developing a draft solicitation

B) Conducting interviews with suppliers

14. FAR 10.001(b) states that the extent of market research will vary depending on: A) The size of the contracting agency B) The complexity, urgency, and estimated value of the acquisition C) The location of the contractors D) The experience of the contracting officer

B) The complexity, urgency, and estimated value of the acquisition

6. According to FAR Part 10, which of the following is true about market research for noncommercial items? A) Market research is not required for noncommercial items B) Noncommercial items must be converted to commercial equivalents C) Market research for noncommercial items is typically more extensive D) Noncommercial items are not considered in market research

C) Market research for noncommercial items is typically more extensive

17. When must market research be documented in the contract file under FAR Part 10? A) Only for acquisitions over $1 million B) For all acquisitions, regardless of value C) Only when market research identifies a small business source D) For any acquisition above the micro-purchase threshold

D) For any acquisition above the micro-purchase threshold

18. Under FAR Part 10, what is the main reason market research is conducted for acquisitions involving small businesses? A) To meet small business contracting goals B) To ensure price fairness C) To identify large business subcontractors D) To eliminate competitio

A) To meet small business contracting goals

19. According to FAR 10.001, which of the following are contracting officers encouraged to use during market research? A) Presolicitation conferences B) Government-furnished property C) Industry days and trade shows D) Cost-plus-fixed-fee contract

C) Industry days and trade shows

20. FAR Part 10 defines a "nondevelopmental item" as: A) A newly developed commercial item B) An item previously developed and used by private or public organizations C) An item created specifically for government use D) A service contract that has been performed for other government agencies

B) An item previously developed and used by private or public organizations

1. What is the primary focus of FAR Part 11? A) Acquisition planning B) Contract administration C) Describing agency needs D) Contract pricing

C) Describing agency needs

2. According to FAR 11.002(a), the primary objective in describing agency needs is to: A) Provide maximum competition B) Ensure small business participation C) Promote the acquisition of commercial items D) Limit the number of offerors

C) Promote the acquisition of commercial items

. FAR Part 11 emphasizes the use of which type of item to meet agency needs? A) Custom-designed items B) Government-furnished property C) Commercial and nondevelopmental items D) Sole-source items

C) Commercial and nondevelopmental items

5. According to FAR 11.104, market acceptance should be considered when: A) An item is complex and high-risk B) The contractor is new to the government market C) The procurement is sole-source D) There are multiple sources for the item

A) An item is complex and high-risk

7. What does FAR 11.002(b) encourage agencies to use when developing requirements? A) International standards B) Proprietary specifications C) Voluntary consensus standards D) Contractor-developed specifications

C) Voluntary consensus standards

9. What does FAR 11.105 prohibit agencies from doing when developing requirements? A) Requiring unnecessary items B) Using commercial items C) Using fixed-price contracts D) Soliciting bids from small businesses

A) Requiring unnecessary items

10. Under FAR 11.104, what should agencies consider when requiring market acceptance criteria? A) The contractor's financial stability B) Whether the item has been sold commercially in substantial quantities C) The contractor’s proposal cost D) Whether the item has been manufactured overseas

B) Whether the item has been sold commercially in substantial quantities

13. FAR 11.002(a) requires agencies to specify needs in a way that: A) Limits competition to large businesses B) Restricts commercial item acquisitions C) Enhances full and open competition D) Reduces acquisition lead time

C) Enhances full and open competitio

14. What does FAR 11.201(a) encourage agencies to use to promote standardization? A) Federal specifications B) Custom-built solutions C) International standards D) Small business sources

A) Federal specifications

15. What type of requirements should agencies avoid when defining their needs according to FAR 11.002(b)? A) Proprietary designs B) Technical specifications C) Market-based solutions D) Commercial practices

A) Proprietary designs

17. Under FAR 11.106, how should contracting officers establish required delivery or performance schedules? A) Based on the contractor's request B) Using only government-furnished property availability C) To meet the agency’s needs without being unnecessarily restrictive D) Based solely on the contractor's capability

C) To meet the agency’s needs without being unnecessarily restrictive

20. According to FAR Part 11, which of the following should be considered when determining delivery schedules? A) Contract type B) Market conditions C) Contract price D) Contractor's previous performance

B) Market conditions

1. What is the purpose of FAR Part 13? A) To describe competitive negotiation procedures B) To describe simplified acquisition procedures C) To describe sealed bidding procedures D) To describe cost-reimbursement contracts

B) To describe simplified acquisition procedures

2. What is the Simplified Acquisition Threshold (SAT) as defined in FAR Part 13? A) $10,000 B) $50,000 C) $250,000 D) $500,000

C) $250,000

4. What type of contract is most often used under simplified acquisition procedures? A) Time-and-materials contracts B) Cost-plus-fixed-fee contracts C) Firm-fixed-price contracts D) Incentive contracts

C) Firm-fixed-price contracts

5. Which of the following is true about micro-purchases under FAR 13.201? A) They require competitive quotations B) They must be publicly advertised C) They can be made without soliciting competitive quotes if the price is reasonable D) They require formal contracts

C) They can be made without soliciting competitive quotes if the price is reasonable

6. What is the micro-purchase threshold for most purchases as defined in FAR 13.201(b)? A) $2,000 B) $3,500 C) $10,000 D) $25,000

C) $10,000

8. According to FAR 13.106-1, what is the minimum number of quotes or offers required for simplified acquisitions over the micro-purchase threshold? A) One B) Two C) Three D) Four

A) One

9. Under FAR 13.106-2, simplified acquisition evaluation procedures should emphasize: A) Technical capability B) Price alone C) Past performance D) Cost realism

B) Price alone

10. Which of the following is NOT a characteristic of simplified acquisition procedures? A) Streamlined documentation B) Limited competition requirements C) Use of formal solicitation methods D) Flexibility in terms of pricing and source selection

C) Use of formal solicitation methods

1. What is the maximum dollar value for purchases using simplified acquisition procedures under FAR Subpart 13.5, Commercial Items Test Program? A) $500,000 B) $5 million C) $7.5 million D) $10 million

C) $7.5 million

2. Which method is most commonly used for simplified acquisitions? A) Invitation for Bids (IFB) B) Request for Proposals (RFP) C) Request for Quotations (RFQ) D) Sealed biddin

C) Request for Quotations (RFQ)

14. Under FAR 13.301, which payment method is preferred for micro-purchases? A) Electronic Funds Transfer (EFT) B) Government Purchase Card C) Cash D) Personal check

B) Government Purchase Card

5. According to FAR 13.106-3, contracting officers must document which of the following for simplified acquisitions? A) The name of the contracting officer only B) The basis for award decisions C) The details of unsuccessful offers D) The vendor’s size standard

B) The basis for award decisions

16. What is the primary objective of FAR Part 13.5, which expands simplified acquisition procedures for commercial items? A) To allow agencies to make larger commercial item purchases with simplified procedures B) To reduce the need for performance evaluations C) To ensure sole-source contracting D) To reduce the competition requirements for larger procurements

A) To allow agencies to make larger commercial item purchases with simplified procedures

17. According to FAR 13.202, purchases below the micro-purchase threshold: A) Require formal competition B) Require price quotations C) Do not require competition if the price is considered reasonable D) Must be made from large businesses

C) Do not require competition if the price is considered reasonable

18. What must contracting officers do when only one source is reasonably available under FAR 13.106-1(b)? A) Conduct full and open competition B) Document the file with the rationale for the sole-source decision C) Seek approval from the agency head D) Negotiate a cost-reimbursement contract

B) Document the file with the rationale for the sole-source decision

19. Under FAR 13.303, a Blanket Purchase Agreement (BPA) is: A) A formal contract requiring bids B) A simplified method of filling anticipated repetitive needs C) A contract for high-dollar value purchases D) A sole-source contract

B) A simplified method of filling anticipated repetitive needs

1. What does FAR Part 17 primarily address? A) The process for competitive bidding B) Special contracting methods such as multi-year contracts, options, and interagency agreements C) Procedures for simplified acquisitions D) Cost-reimbursement contracts

B) Special contracting methods such as multi-year contracts, options, and interagency agreements

3. Which of the following is an advantage of using a multi-year contract as described in FAR 17.104(b)? A) It allows for incremental funding B) It increases the flexibility for termination C) It promotes better competition for each year D) It can reduce procurement lead time

D) It can reduce procurement lead time

4. Under FAR 17.106-3(e), what should a contracting officer consider before including an option in a contract? A) The potential for sole-source contracting B) Whether the option is in the Government's best interest C) The duration of the basic contract D) The availability of funding

B) Whether the option is in the Government's best interest

5. When may a contracting officer exercise an option under FAR 17.207? A) Only when funds have been obligated for the option B) After receiving approval from the head of the agency C) Only if the contractor agrees to it D) After determining it is the most advantageous method for fulfilling the Government's needs

D) After determining it is the most advantageous method for fulfilling the Government's needs

6. FAR 17.203(b) states that an option may be included in a contract if: A) It is the only way to secure a fair price B) It provides the Government with a unilateral right C) It limits competition D) It is exercised within 10 years

B) It provides the Government with a unilateral right

7. Which of the following best describes a "multi-year contract" under FAR 17.103? A) A contract that is funded year-by-year B) A contract for services that cannot be fulfilled in a single year C) A contract for the purchase of a specific quantity of supplies or services for more than one, but not more than five, program years D) A contract that allows indefinite delivery of goods and services

C) A contract for the purchase of a specific quantity of supplies or services for more than one, but not more than five, program years

8. Under FAR 17.108, what type of funding must be available before a contracting officer may execute a multi-year contract? A) Funding for the entire multi-year period B) Funding for the first year, with a reasonable expectation of future appropriations C) Full funding from an appropriations act D) None, as funding is not required

B) Funding for the first year, with a reasonable expectation of future appropriations

9. FAR Part 17.202(a) states that options should be used when it is in the Government's best interest. Which of the following is NOT a reason to use options? A) To allow flexibility in quantity B) To accommodate changing government needs C) To avoid resoliciting for similar requirements D) To create sole-source contracting opportunities

D) To create sole-source contracting opportunities

10. FAR 17.207(f) requires that contracting officers make which determination before exercising an option? A) That the option price is reasonable B) That a new solicitation would not yield better results C) That contractor performance is satisfactory D) Both A and C

D) Both A and C

11. What is the main advantage of using multi-year contracting as stated in FAR 17.105-1(a)? A) It increases the Government's flexibility in termination B) It provides for more competitive pricing due to long-term commitments C) It reduces the need for cost-reimbursement contracts D) It avoids the use of options

B) It provides for more competitive pricing due to long-term commitments

12. According to FAR 17.207(c), contracting officers may exercise options only if: A) The contractor is willing to renegotiate prices B) Funds are not yet obligated for the contract C) The contract terms allow the exercise of the option D) The contractor submits a request

C) The contract terms allow the exercise of the option

13. When exercising an option, the contracting officer must ensure compliance with what pricing condition as stated in FAR 17.207(d)? A) The option must always be re-negotiated B) The option must have been evaluated as part of the initial competition C) The contractor must offer a price discount D) The option price must be no higher than the current market price

B) The option must have been evaluated as part of the initial competition

14. Under FAR 17.204(e), the total duration of a contract with options may not exceed: A) 2 years B) 5 years C) 10 years D) There is no limit

C) 10 years

15. FAR Part 17.501 covers interagency acquisitions. Which of the following is a primary benefit of interagency acquisitions? A) It limits competition to a single agency B) It provides agencies with access to specialized resources available in other agencies C) It increases procurement lead time D) It reduces government accountability

B) It provides agencies with access to specialized resources available in other agencies

16. When may a multi-year contract be canceled under FAR 17.106-1? A) At any time by the contractor B) Only at the end of the fiscal year C) Only if appropriations are not available for the subsequent year(s) D) If the contract exceeds five years

C) Only if appropriations are not available for the subsequent year(s)

17. FAR 17.207(g) requires a contracting officer to provide written notice to the contractor of the Government's intent to exercise an option at least how many days before the contract expires? A) 10 days B) 30 days C) 60 days D) 90

B) 30 days

19. Under FAR 17.503, what is the main responsibility of the requesting agency in interagency acquisitions? A) They must review the entire contract B) They are responsible for funding the acquisition C) They must approve all procurement actions D) They must handle all contract administration

B) They are responsible for funding the acquisition

20. Which of the following is NOT required for a contracting officer to exercise an option under FAR 17.207(f)? A) Contractor has performed satisfactorily B) Funds are available C) New competition has been conducted D) Exercising the option is the most advantageous method

C) New competition has been conducted

Part 3a Char GPT FAR Questions Flashcards

Parts 5, 8, 10, 11, 13, 17