Terms and definitions of words

Question 1

authoritative directives to act or refrain from acting in specified ways

Answer 1

rules

Question 2

Statutes

Answer 2

laws

Question 3

after Congress enacts a law and the president approves it or allows it to become law without presidential approval, or when Congress overrides a presidential veto

Answer 3

positive law

Question 4

What kind of law is Positive Law?

Answer 4

statutory law - law enacted by a legislature

Question 5

The Office of the Law Revision Counsel of the House of Representatives edits the text of the law to merge it into the structure and text of the USC. That edited text is referred to as non-positive law

Answer 5

Non-Positive Law

Question 6

How many titles are in the United States Code (USC)?

Answer 6

54 titles - 27 are positive law

Question 7

written instruments through which a President can issue directives to shape policy

Answer 7

Executive order

Question 8

How many titles are currently in the Code of Federal Regulations (CFR)?

Answer 8

50

Question 9

consists of decisions by courts and administrative tribunals to which the legal doctrine known as stare decisis applies

Answer 9

caw law

Question 10

codification and publication of uniform policies and procedures for acquisition by all executive agencies

Answer 10

Federal Acquisition Regulations System (FARS)

Question 11

main rules that govern most acquisitions

Answer 11

FAR

Question 12

acquiring by contract with appropriated funds of supplies or services (including construction) by and for the use of the Federal Government through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evaluated

Answer 12

Acquisition

Question 13

purchasing, renting, leasing, or otherwise obtaining supplies or services from nonfederal sources

Answer 13

Contracting

Question 14

mutually binding legal relationship obligating the seller to furnish the supplies or services (including construction) and the buyer to pay for them

Answer 14

Contract

Question 15

The fundamental organizational component of the FAR where most rules are stated is known as?

Answer 15

section

Question 16

Legal Citation is also known as?

Answer 16

reference

Question 17

What are the 4 main kinds of text found in the FAR sections?

Answer 17

rules, information, official definitions, and solicitation provisions and contract clauses

Question 18

Contract types are grouped into two broad categories known as?

Answer 18

fixed price contracts and cost reimbursement contracts

Question 19

Firm-Fixed-Price Contract (FFP)

Answer 19

contractor has full responsibility for the performance costs and resulting profit (or loss)

Question 20

Cost-Plus-Fixed-Fee Contract

Answer 20

contractor has minimal responsibility for the performance costs and the negotiated fee (profit) is fixed

Question 21

contractor’s responsibility for the performance costs and the profit or fee incentives offered are tailored to the uncertainties involved in contract performance

Answer 21

Incentive Contracts

Question 22

words and phrases that have special meanings in the context of acquisition with no official definitions

Answer 22

Terms of Art

Question 23

texts that appear in solicitations—requests for proposals (RFPs), requests for quotations (RFQs), and invitations for bids (IFBs)

Answer 23

Solicitation Provision

Question 24

texts that appear in both solicitations and contracts that state the rights and obligations of the contracting parties

Answer 24

Contract Clauses

Question 25

FAR includes special recurring sections that are specially important, and should be read first and very carefully when researching the rules. What are the recurring sections?

Answer 25

scope, applicability, definitions (SAD)

Question 26

state what a FAR part or subpart is about

Answer 26

Scope Sections

Question 27

identify the agencies or acquisitions to which the rules in the part or subpart apply or do not apply

Answer 27

Applicability Sections

Question 28

state the meaning of officially defined words or terms

Answer 28

Definitions Section

Question 29

any contract as defined in Subpart 2.1 entered into by a subcontractor to furnish supplies or services for performance of a prime contract or a subcontract

Answer 29

subcontract

Question 30

provide background and context for the rules in a part or subpart

Answer 30

General Sections

Question 31

state the Government’s policy regarding the subject matter of a part or subpart

Answer 31

Policy sections

Question 32

state exceptions to the application of a rule

Answer 32

Exceptions Sections

Question 33

describe in detail what must be done

Answer 33

Procedures Sections

Question 34

prescribe the provisions and clauses that must be included in solicitations and contracts in order to implement the FAR

Answer 34

Solicitation Provisions & Contract Clauses Sections

Question 35

Under the OFPP Act, four officials have the lead roles in making Government-wide acquisition policy. They are:

Answer 35

1) Administrator for Federal Procurement Policy, 2) Secretary of Defense, 3) Administrator of the National Aeronautics and Space Administration, 4) Administrator of the General Services Administration

Question 36

Amend

Answer 36

change

Question 37

Interim and final rules that amend the FAR are published in a part of the Federal Register that is referred to as:

Answer 37

Federal Acquisition Circular (FAC)

Question 38

legal doctrine in which a decision previously reached by a court is used as authority in all future cases that are based on the same basic circumstances or facts.

Answer 38

Stare Decisis

Question 39

Statement of work for performance-based acquisitions that describes the required results in clear, specific and objective terms with measurable outcomes

Answer 39

Performance Work Statement (PWS)