Contractor and the ko - Study guides, Class notes & Summaries

What is a Contracting Officer Representative? - A technical representative that is appointed by the contracting officer through a designation letter The procuring Contracting Officer, Administrative Contracting Officer, Termination Contracting Officer, and the Contracting Officer's Representative are key players in the acquisition process. From the following statements, choose the correct answer: - The contracting officer appoints the contracting officer's representative in writing In yo...

Subcontracting Policies and Procedures : FAR 44.201-1 Consent Requirements If the contractor has an approved purchasing system, consent is required for subcontracts specifically identified by the contracting officer in the subcontracts clause If they do not have an approved purchasing system, consent is required for cost reimbursement, time-and-materials, labor-hour, or letter contracts and also for unpriced actions under fixed price contracts exceeding the SAT;Advance Notification Re...

Truth in Negotiations Act (TINA) - Occurs when the contractor gives false cost and pricing data during negotiations subject. Defective pricing means the contractor certified to false data. Currently, the TINA threshold is $750,000. The possibility of defective pricing must be analyzed and substantiated before the KO takes action. What are Fixed Price Contracts? - Fixed price contracts provide for a price that is not subject to any adjustment on the basis of the contractor's cost experience...

Defense Acquisition University: ACQ- ACQ 1010 All modules Exams 1-10 Answered and graded 100% score; Latest Fall 2022. Test – ACQ 1010 Module 1 Exam: Systems Acquisition Management Overview 1. Select the Department of Defense’s (DoD’s) decision-support system described as: “this is the process by which the Department of Defense (DoD) identifies, assesses and prioritizes the capabilities the military requires to fulfill its mission and is often referred to as the requirements generat...

Truth in Negotiations Act (TINA) - Answer-Occurs when the contractor gives false cost and pricing data during negotiations subject. Defective pricing means the contractor certified to false data. Currently, the TINA threshold is $750,000. The possibility of defective pricing must be analyzed and substantiated before the KO takes action. What are Fixed Price Contracts? - Answer-Fixed price contracts provide for a price that is not subject to any adjustment on the basis of the contractor's ...

What is COR? - Answer is designated in writing by the Contracting Officer (KO) to provide technical direction, clarification, and guidance with respect to the contract specifications and statement of work. , review and/ or approving contractor invoices, other contract surveillance and monitoring duties What is COR? - Answer The COR is the technical liaison between the contractor and the KO and is responsible for monitoring contractor performance and delivery as set forth in the contract. ...

KOs shall distribute copies of contracts or mods within 10 working days after execution by all parties. As a minimum, the KO shall -- (a) Distribute simultaneously 1 signed copy or reproduction of the signed contract to the contractor and the paying office; (b) When a contract is assigned to another office for contract administration provide a copy to that office with the distro list; (c) Distribute 1 copy to each accounting and finance office (funding office) whose funds are cited in the...

Truth in Negotiations Act (TINA) Occurs when the contractor gives false cost and pricing data during negotiations subject. Defective pricing means the contractor certified to false data. Currently, the TINA threshold is $750,000. The possibility of defective pricing must be analyzed and substantiated before the KO takes action. What are Fixed Price Contracts? Fixed price contracts provide for a price that is not subject to any adjustment on the basis of the contractor's cost experienc...

Truth in Negotiations Act (TINA) correct answer: Occurs when the contractor gives false cost and pricing data during negotiations subject. Defective pricing means the contractor certified to false data. Currently, the TINA threshold is $750,000. The possibility of defective pricing must be analyzed and substantiated before the KO takes action. What are Fixed Price Contracts? correct answer: Fixed price contracts provide for a price that is not subject to any adjustment on the basis of the...

Pre-Award Phase (1st phase of contracting life cycle) This phase involves all work performed by the buyer (Government or prime contractor) and seller (contractor or subcontractor) in communicating the buyer's requirements and providing a solution to those requirements. What activities make up the Pre-Award Phase? 1) Develop Solicitation 2) Develop Offer Award phase The second phase of the contract life cycle. This phase involves all of the work performed by both the buyer and the selle...