Which TWO choices are correct regarding contract financing? (Select two)
a. For commercial items, contract financing is normally the Government’s
responsibility
b. For non-commercial items, the Federal Acquisition Regulation prohibits
progress payments to contractors
c. For non-commercial ...
1. Which TWO choices are correct regarding contract financing? (Select two)
a. For commercial items, contract financing is normally the Government’s
responsibility
b. For non-commercial items, the Federal Acquisition Regulation prohibits
progress payments to contractors
c. For non-commercial items, the Federal Acquisition Regulation
permits progress payments to contractors
d. For commercial items, contracting financing is normally the
contractor’s responsibility
2. Federal regulations require that contracting officers publicize proposed contract
actions expected to exceed which of the following dollar thresholds?
a. 100,000
b. 500,000
c. 50,000
d. 25,000
3. Which one of the following is NOT an item that the Chairperson of the Source
Selection Evaluation Board (SSEB) presents to the Source Selection Authority
during a formal source selection?
a. The Chairperson’s personal knowledge of the contractor’s
performance on past contracts with which the Chairperson was
associated
b. The final rating for each evaluation factor and sub-factor
c. A discussion of the associated strengths, weaknesses, deficiencies, and
risks of the proposals
d. The evaluated price
4. Alternate Disputes Resolution (ADR) procedures:
a. Are permitted to be used by the Government only for resolution of
disputes associated with contracts values over the simplified acquisition
threshold
b. Are permitted to be used by the Government only after the contractor has
first taken a contract dispute to the Armed Services Board of Contracts
Appeals
c. Are permitted only in conjunction with a bilateral determination signed by
both the Government contracting officer and the contractor’s
representative
d. Are the Government’s preferred method for dealing with a dispute
with a contractor over a contract termination
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