WARRANT BOARD Bundled Exams 2024/2025 Full solution pack

WARRANT BOARD EXAM QUESTIONS AND ANSWERS Contractors who provide products or services to the Federal Government are to be considered members of the Government's "Federal Acquisition Team." True or False? - answerTrue. Both FAR 1.102(b)(c) and FAR 1.102-3 note that the Acquisition Team consist...

WARRANT BOARD EXAM QUESTIONS AND ANSWERS What is inspection and acceptance important to the Government? - answerThe Government need to ensure that deliverables, include production, Construction, Supplies, meet the required contractual quality level, any specifications that dictate their form fit...

WARRANT BOARD 6 EXAM QUESTIONS AND ANSWERS As a Warranted Contracting Officer, what is your primary responsibility? - answerContracting officers are responsible for ensuring performance of all necessary actions for effective contracting, ensuring compliance with the terms of the contract, and sa...

WARRANT BOARD 2 EXAM QUESTIONS AND ANSWERS What are the 4 steps to minimize defective pricing? FAR 15.4 - answera. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is...

WARRANT BOARD PREP EXAM QUESTIONS AND ANSWERS What kinds of things could cause you to lose your warrant ? - answerUpon retirement, reassignment, termination or unsatisfactory performance. Must be submitted in writing. FAR 1.603-4; AFFARS MP 5301.603 Over and above work/ clause - answerOver and ...

WARRANT BOARD EXAM QUESTIONS AND ANSWERS When would you use a Time-and-materials (T&M) contract? Why is it the least preferred? (far 16.601) - answer- Use a T&M contract only when no other contract type is suitable. - Use when you cannot accurately estimate the extent or duration of the work or ...

WARRANT BOARD EXAM QUESTIONS AND ANSWERS What are the 4 steps to minimize defective pricing? FAR 15.4 - answera. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is t...

WARRANT BOARD EXAM QUESTIONS AND ANSWERS Cost Realism - answerFAR 2.101 - The costs in an offeror's proposal-- (1) Are realistic for the work to be performed; (2) Reflect a clear understanding of the requirements; and (3) Are consistent with the various elements of the offeror's technical pro...