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CON 3990 Contracting Certification Quiz 4 of 4 Questions With Complete Solutions, Exams of Contract Law

CON 3990 Contracting Certification Quiz 4 of 4 Questions With Complete Solutions

Typology: Exams

2024/2025

Available from 01/14/2025

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CON 3990 Contracting Certification Quiz 4 of 4
Questions With Complete Solutions
A postaward orientation aids both Government and contractor
personnel to? correct answer: Achieve a clear and mutual
understanding of all contract requirements and identify and
resolve potential problems
When late in paying an otherwise acceptable invoice, the
Government will? correct answer: Pay an interest penalty
When acquiring commercial items, quality assurance is
primarily the responsibility of? correct answer: The contractor
You have a requirement for an online subscription to
Engineering News Record. The site owner requires payment
before they will provide the license code number to activate the
annual subscription. Which payment form is required? correct
answer: An advance payment
What agency does DoD typically delegate contract
administrative functions for supply contracts? correct answer:
Defense Contract Management Agency
A purpose of a postaward orientation is to? correct answer:
Achieve a clear and mutual understanding of all contract
requirements
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CON 3990 Contracting Certification Quiz 4 of 4

Questions With Complete Solutions

A postaward orientation aids both Government and contractor personnel to? correct answer: Achieve a clear and mutual understanding of all contract requirements and identify and resolve potential problems When late in paying an otherwise acceptable invoice, the Government will? correct answer: Pay an interest penalty When acquiring commercial items, quality assurance is primarily the responsibility of? correct answer: The contractor You have a requirement for an online subscription to Engineering News Record. The site owner requires payment before they will provide the license code number to activate the annual subscription. Which payment form is required? correct answer: An advance payment What agency does DoD typically delegate contract administrative functions for supply contracts? correct answer: Defense Contract Management Agency A purpose of a postaward orientation is to? correct answer: Achieve a clear and mutual understanding of all contract requirements

A contractor employee accidentally broke a test fixture that belongs to the Government and is accountable to a Government contract. Generally speaking? correct answer: Contractors are not held liable for loss of Government property According to the FAR, the acquisition team? correct answer: Includes the contractor With limited exceptions, a Contractor Performance Assessment Reporting System (CPARS) report is required? correct answer: When the contract dollar value exceeds the simplified acquisition threshold To be determined responsible by a contracting officer, a prospective contractor must? correct answer: Have adequate financial resources to perform the contract, or the ability to obtain them In ensuring overall quality of items and services received under a contract, which of the following is the responsibility of the Government? correct answer: Quality assurance surveillance The Government's preferred remedy to nonconforming goods or services is? correct answer: Allow the contractor to repair or replace the nonconforming items, as long as there is still time left within the required delivery schedule Quality assurance policies and procedures found in FAR part 46? correct answer: Apply to both the Government and contractor

Does the Government's policy to require prime contractors to incorporate, to the maximum extent practicable, commercial items or nondevelopmental items as components of items supplied to the agency, apply to subcontractors at all levels? correct answer: Yes. Which of the following entities has privity with a first-tier subcontractor? correct answer: The prime contractor Which FAR part is titled "Subcontracting Policies and Procedures"? correct answer: FAR part 44 Change orders issued under the changes clause of the contract use which form? correct answer: SF 30 Which of the following contract modifications must be signed by both the contractor and the contracting officer? correct answer: An agreement definitizing a letter contract What are the two types of contract modifications? correct answer: Unilateral and bilateral Which of the following modifications must be issued bilaterally? correct answer: Making a negotiated equitable adjustment caused by a change order Who may execute contract modifications on behalf of the Government? correct answer: Contracting officers

When shall contracting officers negotiate equitable adjustments resulting from change orders? correct answer: Within the shortest practicable time What entity can the contractor appeal to if they do not agree with the contracting officer's final decision on a claim? correct answer: The United States Court of Federal Claims You've received a claim on your contract. The contractor is required to certify its claim above what amount? correct answer: $100, What part of the FAR covers terminations? correct answer: FAR part 49 You are a contracting officer who has a $260,000 commercial contract. You decide you need to terminate the contract because the contractor has failed to perform. What is the name of this type of termination? correct answer: For Cause The contracting officer is responsible for initiating contract closeout procedures after the contracting officer receives? correct answer: Evidence of physical completion What office/entity is responsible for initiating administrative closeout of the contract after receiving evidence of physical completion? correct answer: The Government contract administration office Contract files for contracts using simplified acquisition procedures should be considered closed when the contracting