CON 3990 FAR PARTS |BRAND NEW EXAM QUESTIONS AND CORRECT ANSWERS ALL GRADED A+|LATEST UPDATE
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CON 3990 FAR PARTS
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CON 3990 FAR PARTS
CON 3990 FAR PARTS |BRAND NEW EXAM QUESTIONS AND CORRECT ANSWERS ALL GRADED A+|LATEST UPDATE
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 - Adminis...
CON 3990 FAR PARTS 2024-
2025|BRAND NEW EXAM
QUESTIONS AND CORRECT
ANSWERS ALL GRADED A+|LATEST
UPDATE
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 13Simplified Acquisition Procedures (SAP)
FAR Part 15 -Contract by Negotiation
FAR Part 16Types of Contracts
FAR Part 19 - mall 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
FAR Part 46 Quality Assurance
FAR Part 49 Termination of Contracts
FAR Part 50 Extraordinary contractual actions and safety act
FAR Part 51 Use of Government Sources by Contractors
FAR Part 52 Solicitation Provisions and Contract Clauses
FAR Part 53 FORMS
Contracting Life Cycle Phases - ANSWER-✔1. Pre-Award
2. Award
3. Post Award
Communication and Decision Making Bias - ANSWER-✔1. Minimize influence of
Personal biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.
Minimize the Effect of Personal Biases - ANSWER-✔The contracting professional
should strive to minimize the influence of personal biases.
Maximize the likelihood of Successful Results - ANSWER-✔1. AR 1.102-4(e) states
that contracting officers "should take the lead in encouraging business process
innovations and ensuring that business decisions are sound."
Facilitate Communications Among Affected Parties - ANSWER-✔1. Effective
communication minimizes the effect of personal biases, maximizes the likelihood of
successful results, and facilitates communications among affected stakeholders.
Cost, quality and timeliness of products and services - ANSWER-✔1. FAR 1.102-2(a)
tells contracting professionals that a guiding principle is to satisfy customers in terms
of cost, quality, and timeliness of the delivered product or service.
Contracting Officer Representative (COR) - ANSWER-✔1. FAR 1.602-2(d)(7) states
that contracting officers shall designate CORs in writing and furnish copies to the
contractor and the contract administration office
, Standards of conduct - ANSWER-✔1. FAR 3.101-1 tells us Government business
shall be conducted in a manner above reproach and, except as authorized by statute
or regulation, with complete impartiality and with preferential treatment for none.
Methods of disseminating information - ANSWER-✔1. For proposed contract
actions expected to exceed $25,000, by synopsizing in theGovernment-wide Point of
Entry (GPE).For proposed contract actions expected to exceed $15,000, but not
expected to exceed$25,000. by displaying in a public place.
Justification and Approval (J&A) - ANSWER-✔2.FAR 6.303-1(a) states a contracting
officer shall not commence negotiations for a sole source contract,commence
negotiations for a contract resulting from an unsolicited proposal, or award any
othercontract without providing for full and open competition unless the contracting
officer-
I. Justifies, if required in FAR 6.302, the use of such actions in writing;
II. Certifies the accuracy and completeness of the justification;
III. (and) Obtains the approval required by FAR 6.304.
Post award orientation: - ANSWER-✔1. FAR 42.501(a) states a post award
orientation aids both Government and contractor personnel to (1) achieve a clear
and mutual understanding of all contract requirements, and (2) identify and resolve
potential problems. However, it is not a substitute for the contractor's fully
understanding the work requirements at the time offers are submitted, nor is it to
be used to alter the final agreement arrived at in any negotiations leading to
contract award.
Standards of Conduct: - ANSWER-✔1. (FAR 3.101-1). Transactions relating to the
expenditure of public funds require the highest degree of public trust and an
impeccable standard of conduct. The general rule is to avoid strictly any conflict of
interest, or even the appearance of a conflict of interest in government-contractor
relationships.
Solicitation and Acceptance of Gratuities by Government Personnel - ANSWER-
✔The overarching rule on accepting gifts from contractor/employees is at (FAR
3.101-2). You may not solicit gifts from anyone, for any reason. This means for
yourself or for others. Federal employees are prohibited from soliciting or accepting
gifts.
Disclosures - ANSWER-✔No person or other entity may disclose contractor bid or
proposal information or source selection information to any person other than a
person authorized, in accordance with applicable agency regulations or procedures,
by the agency head or the contracting officer.
Contracts with Government Employees: - ANSWER-✔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: - ANSWER-✔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: - ANSWER-✔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: -
ANSWER-✔1. Unequal Access
2. Impaired Objectivity
3. Biased Ground Rules
Three basic approaches available to contractors and the Agency for dealing with OCI
issues, as follows: - ANSWER-✔1. Avoid - Prevent the occurrence of an actual or
potential OCI through actions such as excluding sources from competition or
eliminating a segment of work from a contract or task.
2. Neutralize - Negate, through a specific action, potential or actual OCI related to
either a contractor's objectivity during contract performance, or unfair competitive
advantage. Specific actions could include encouraging and facilitating support
contractor recusal, excluding or severely limiting support contractor participation in
source selection activities, and/or otherwise barring access to competition sensitive
data.
3. Mitigate - Reduce or alleviate the impact of unavoidable OCIs to an acceptable
level of risk so that the government's interests with regard to fair competition and
contract performance are not prejudiced. This is facilitated in developing an OCI
mitigation plan (DFARS 209.571-4).
Contractor Code of Business Ethics and Conduct: - ANSWER-✔1. Per FAR 3.1002,
Government contractors must conduct themselves with the highest degree of
integrity and honesty. Contractors should have a written code of business ethics and
conduct.
Facilities and Capital Cost of Money Form - ANSWER-✔DD1861
Weighted Guidelines Form - ANSWER-✔DD FORM 1547
Abstract of Offers Form - ANSWER-✔SF1409
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