Contracting officer co Samenvattingen, Aantekeningen en Examens

Contracting Officer Representative (COR) 101 Questions and Answers 100% Pass Contracting Officer (CO) -️️ A Federal employee delegated authority to award, administer, and terminate contracts, purchase orders, delivery orders, task orders and modifications; obligate Government funds; and make determinations and findings, all subject to the limitations of his or her Certificate of Appointment. Contracting Officer's Representative (COR) -️️ A Federal employee appointed in writing, delega...

What are alternates? - FAR 2.101: A substantive variation of a basic provision or clause prescribed for use in a defined circumstance. It can add wording, delete wording, or substitute specified wording for a portion of the basic provision or clause. A date must always be cited along with the date of the basic provision/clause when utilizing alternates. What does it mean when a provision or clause is prescribed on a substantially as follows or substantially the same as basis? - "Substantiall...

for the holidays, one of your contractor employees gives you a book on Navy history. the book retails for $24.95, but since his company bought it in bulk, it only cost them $19.95. May you keep it? - answer no unless you pay the contractor the fair market price of $24.95 rob and Margaret have been friends for over 10 years. for their birthdays, they each treat each other to a special steak dinner. Rob works for NAVSEA... - answer yes, because the gift is motivated by personal relationship...

AF Contracting Officer Study Guide (unofficial) Exam Questions and Answers *Source Selection* FAR 1.602-2; 3.104-4; 15.207 () Q: What are the CO's responsibilities in source selection? - Answer-1. Procedures to safeguard source selection information. 2. Approve access to/release source selection information. 3. Maintain SS evaluation records. *Source Selection* 2016 DoD Source Selection Manual, 1.4.1.2 () Q: What are the SSA responsibilities? - Answer-1. Proper and efficient conduct...

Breach of Security - - Incident that has not resulted in transportation security incident in which security measures have been circumvented, eluded, or violated Captain of the Port - - A USCG officer using authority for a specific port. - A Fed. Maritime Security Coordinator - A Port Facility Sec. Officer Company - - Anybody that owns a facility, vessel or OCS facility - [Or] Assumes the responsibility for operation of any vessels Co. Sec. Officer (ISPS Code) - - Designated by the Co. for...

CPCM (Practice Exam) Q&A 2024 Dispositon - CORRECT ANSWER-The act of moving goods out of one's internal organization to another organization due to loss of value. A contracting officer is preparing to award a contract for Advisory & Assistance Services to a small business. The contracting officer wants to make sure the small business is financially capable of performing and managing the contract. The Contracting Officer requests the contractors Balance Sheet from the most recently com...

A cost is reasonable if, in its nature and amount, it does not exceed - that which would be incurred by a prudent person in the conduct of competitive business. Advance Agreements should not be negotiated - after the incurrence of the costs involved. Under the Assignment of Claims Act, a contractor may assign moneys due or to become due under a contract if it meets all but which of the following? - The contract specifies payments aggregating $100,000 or more. Individuals delegated micro...

FAR 32.106 () Q: Name the different types of government financing in order of their preference - Answer-1. Private financing (most preferred). 2. Performance based payments. 3. Customary progress payments. 4. Guaranteed loans. 5. Unusual progress payments. 6. Advance payments (least preferred). *Acquisition Strategy Panel (ASP)* AFFARS 5307.104-92; AFICA MP 5307.104-92 () Q: Who prepares the ASP minutes, when are they prepared and who approves them? *AIR FORCE ONLY* - Answer-Program...

Dispositon The act of moving goods out of one's internal organization to another organization due to loss of value. A contracting officer is preparing to award a contract for Advisory & Assistance Services to a small business. The contracting officer wants to make sure the small business is financially capable of performing and managing the contract. The Contracting Officer requests the contractors Balance Sheet from the most recently completed fiscal year. What is an example of another...

$5M Warrant Board Study Guide Questions and Answers What is a CO FAR part 2 - Answer-FAR 2.101 A person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings. The term includes certain authorized representatives of the contracting officer acting within the limits of their authority as delegated by the contracting officer. A single contracting officer may be responsible for duties in any or all of these areas (ACO or TCO). Wh...