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CON 3990 EXAM FAR PARTS /ACTUAL EXAM COMPLETE 290+ QUESTIONS AND CORRECT DETAILED ANSWERS|NEWEST 2025! FAR Part 1 Federal Acquisition Regulation System FAR Part 2 Definitions of Words and Terms FAR Part 3 Improper Business Practices & Personal Conflicts of Interest FAR Part 4 Administrative Matters FAR Part 5 Publicizing Contract Actions FAR Part 6 Competitive Requirements FAR Part 7 Acquisition Planning FAR Part 8 Required Sources of Supplies and Service FAR Part 10 Market Research FAR Part 12 Acquisition of Commercial Items FAR Part 13 Simplified Acquisition Procedures (SAP) FAR Part 15 Contract by Negotiation FAR Part 16 Types of Contracts FAR Part 19 Small Business Programs FAR Part 31 Contract Cost Principles & Procedures FAR Part 33 Protests, Disputes, and Appeals FAR Part 42 Contract Administration & Audit Services FAR Part 44 Subcontracting Policies & Procedures
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FAR Part 1 Federal Acquisition Regulation System FAR Part 2 Definitions of Words and Terms FAR Part 3 Improper Business Practices & Personal Conflicts of Interest FAR Part 4 Administrative Matters FAR Part 5 Publicizing Contract Actions FAR Part 6 Competitive Requirements FAR Part 7 Acquisition Planning FAR Part 8 Required Sources of Supplies and Service
FAR Part 10 Market Research FAR Part 12 Acquisition of Commercial Items FAR Part 13 Simplified Acquisition Procedures (SAP) FAR Part 15 Contract by Negotiation FAR Part 16 Types of Contracts FAR Part 19 Small Business Programs FAR Part 31 Contract Cost Principles & Procedures FAR Part 33 Protests, Disputes, and Appeals FAR Part 42 Contract Administration & Audit Services FAR Part 44 Subcontracting Policies & Procedures
Minimize the Effect of Personal Biases The contracting professional should strive to minimize the influence of personal biases. Maximize the likelihood of Successful Results
A contracting officer shall not knowingly award a contract to a Government employee or to a business concern or other organization owned or substantially owned or controlled by one or more Government employees (FAR 3.601). Personal Conflicts of interest: FAR part 3 covers polices and procedures related to avoiding improper business practices and personal conflicts of interest. A "personal conflict of interest" is a situation where an individual is employed by a defense contractor company and is in a position to materially influence DOD's recommendations and/or decisions and, because of his/her personal activities, relationships, or financial interests, may lack or appear to lack objectivity, or appear to be unduly influenced by personal financial interest. Organizational Conflicts of interest: An OCI is the existence of a set of circumstances in which a contractor may be unable to render impartial advice to the government, or might have impaired objectivity in performing contracted work, or may obtain an unfair competitive advantage in the marketplace when competing for government work where that unfair advantage is obtained performing a government contract. There are three broad categories of Organizational Conflicts of interest OCI:
Commercial Acquisition Form SF 1449 Treatment of contractors must be: FAR 1.62-2(d)(7) Impartial Fair Equitable Methods of disseminating information: FAR 5. Publishing synopsis in a public place above 15K and in the government point of entry above 25k. Contract Files: FAR subpart 4. Tells the story of the contract and is filed in the national archives upon close out. Electronic Commerce (FAR 4.502) Use it whenever possible as a cost saving measure. Cost, quality and timeliness Satisfy the customer in terms of Cost, quality and timeliness of the delivered product or service. The principal customers for the product or service provided by
the system are the users and line managers, acting on behalf of the American taxpayer. Determination and findings: FAR 1. Determination is your conclusion, and the findings are what is used to justify and validate the determination. Justification and approvals: FAR 6.303-1(a), 6.302, 6. Used when less than full and open competition is used. It is the justification for that use. Approval levels are based on dollar thresholds in the FAR and DFARS. Post Award Orientation is for: FAR 42- 5 For full understanding of the contract and ensure everyone is on board with the same understanding of the requirements. Standards of conduct: FAR 3. Must be absolutely ethical in what you're doing personally and on behalf of the government.- Four elements of a contract
Of age, of sound mind, have the capacity to contract and understand the obligations, terms and conditions of the contract. Cannot have diminished capacity due to drugs or alcohol. Market Research (FAR Part 10) Commercial Items A type of product customarily used by the general public. Government wants to drive acquisitions to commercial items... If an RA comes to you, attempt to guide them to a commercial solution. Can the non-commercial requirement be met with a commercial solution? What type(s) of contracts can be awarded when acquiring commercial items of supply? Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment Feedback: See FAR 12.207(a) Does the Government's policy to require prime contractors to incorporate, to the maximum extent practicable, commercial items or non-developmental items as components of items supplied to the agency, apply to subcontractors at all levels?
Yes. Feedback: See FAR 12.101(c) The Government has a requirement for computer equipment. The program office indicates that its users will have no need for performance capabilities beyond the minimum technical specifications stated in the purchase request. Which source selection process would be most appropriate in this situation? Lowest price technically acceptable Feedback: See FAR 15. Which contract type shifts cost risk from the Government to the contractor? Fixed-price Feedback: See FAR 16.104(d) Which section of the uniform contract format (UCF) exists to include negotiated, meaningful special contract requirements that are not included in Section I, Contract clauses, or in other sections of the UCF? Section H Feedback: See FAR 15.204- 2 In the FAR, the term "discussions" is synonymous with which of the following? Negotiations A proposal submission time and date of 2 p.m. on February 3, 2020, appeared on the cover page of a Government solicitation. Based on the information provided at
FAR part 10 Feedback: See FAR 10. .Terms that address specific types of exchanges with offerors after receipt of proposals include: Communications, discussions, and clarifications Feedback: See FAR 15. In a competitive source selection, does the FAR require you to have the exact same "discussions" with each offeror in the competitive range? No, discussions are tailored to each offeror's proposal. With limited exceptions, a Contractor Performance Assessment Reporting System (CPARS) report is required: When the contract dollar value exceeds the simplified acquisition threshold A contractor is developing their pricing strategy in a competitive environment. Knowing the required effort will result in follow-on contracts, the contractor submits an offer below anticipated costs with the plan to recover any losses by increasing the price on follow-on efforts. This pricing strategy is referred to as: Buying-in Contracting officers shall provide property to contractors only when it is clearly demonstrated that:
The overall benefit to the acquisition significantly outweighs the increased cost of administration. Feedback: See FAR 45. What agency does DoD typically delegate contract administrative responsibilities for supply contracts? Defense Contract Management Agency Feedback: See FAR 42.201(b) Quality assurance on contract actions valued below the simplified acquisition threshold (SAT) is: Minimal, unless a special circumstance exists
. Which type of solicitation may require the submission of certified cost or pricing data? Request for proposals 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? An advance payment . Which of the following best describes the purpose of proposal analysis? To ensure the price is fair and reasonable When late in paying an otherwise acceptable invoice, the Government will:
A contracting officer has the broadest discretion in fashioning suitable evaluation procedures when considering: Quotations Contractors are responsible for: Tendering to the Government for acceptance only those supplies or services that conform to contract quality requirements Feedback: See FAR 46. A contract is considered physically complete when the contractor has completed all the required deliveries and: The Government has accepted all the items. According to the FAR, the acquisition team: Includes the contractor Feedback: See FAR 1.102- 3 Which event is meant to aid both the Government and contractor personnel to 1) achieve a clear and mutual understanding of all contract requirements, and (2) identify and resolve potential problems after contract award? Postaward orientation conference Feedback: See FAR 42.501(a) The contracting officer is responsible for initiating contract closeout procedures after the contracting officer receives:
U.S. Court of Federal Claims Feedback: See FAR 33. One of the proper protest venues is the: U.S. Court of Federal Claims Feedback: See FAR 33. Acquisition planning should begin: As soon as the agency need is identified Feedback: See FAR 7.104(a) A protest can be filed for which of the following? Solicitation Feedback: See FAR 33. In briefing prenegotiation objectives for approval, contracting officers should ensure their briefing slides are: Simple and concise Which offerors receive an amendment on a solicitation that has yet to close? All parties receiving the solicitation Feedback: See FAR 15.206(b) Select the statement that is NOT conducive toward forming a cohesive team.
