learn. perform. succeed. 1 so you think you know the far! federal acquisition regulations

Learn. Perform. Succeed.1

So you Think you Know the FAR!

Federal Acquisition Regulations


If You Don’t Understand Something

And Ask


FAR Knowledge

1. Which of the following does not have a bilateral Free Trade Agreement with the U.S.?

a) Chileb) Bahrainc) Singapored) Panamae) Morocco

Hint


FAR Knowledge

2. The Israeli Trade Act establishes specific thresholds for which type of contract?

a. Supply onlyb. Services onlyc. Construction

onlyd. All of the

abovee. None of the

above


FAR Knowledge

3. Which of the following terms is not defined in FAR Part 2, Definitions?

a. Adequate evidenceb. Bidc. Commercial Computer Softwared. Common Iteme. Customs Territory of the U.S.


FAR Knowledge

4. Which of the following terms is not defined in FAR Part 2, Definitions?

a. Contract Specialistb. Environmentally preferablec. In writingd. Neutral Persone. Should


FAR Knowledge

5. How many different definitions of the term “United States” are contained in the FAR?

a. 10b. 9c. 6d. 4e. 3


FAR Knowledge

6. The definition of “award term” contracting is:

a. Found in FAR Part 2, Definitionsb. Found in FAR Part 16, Types of Contractsc. Found in FAR Part 18, Emergency Acquisitionsd. Found in FAR Part 20, New Authoritiese. Not defined anywhere in the FAR


FAR Knowledge

7. Chiefs of Contracting Offices who are Senior Executives may approve requests for Extraordinary Contractual Relief up to what dollar amount?

a. $55,000b. $1Mc. $50Md. $682,000e. $78.5M


FAR Knowledge

8. All Justifications and Authorizations (J&As) for other than Full and Open Competition which cite Unusual and Compelling Urgency, as authorized in FAR Part 6, must be published in FedBizOpps within:

a. 10 business daysb. 14 daysc. 30 daysd. 45 dayse. There is no requirement to publish J&As in FedBizOpps


FAR Knowledge

9. The Drug Free Workplace Act must be included in which of the following?

a. A micro-purchase awarded to an individualb. A contract option below the simplified

acquisition thresholdc. Contracts above the Cost and Pricing threshold

which are performed outside the U.S.d. All of the abovee. None of the above


FAR Knowledge

10. If an element of cost is not listed in FAR subpart 31.205, is it allowable?

a. Yesb. Noc. Yes, if approved by the auditor based upon

reasonableness and allocability principlesd. Maybe - it’s a Contracting Officer decisione. Yes, provided it is approved one level above

the Contracting Officer


FAR Knowledge

11. When are local area (geographic) set-asides authorized?

a. Never - there is no such authority in the FARb. As part of a combined 8A/HUBZONE set-aside for

commercial itemsc. In combination with small business set-asides, but

only in Alaska and Hawaiid. During disasters e. When two or more local small businesses can

independently compete for and perform the work under the “rule of two” as specified in FAR Part 19.


FAR Knowledge

12. Which section of the FAR is NOT reserved for future use?

a. Part 20b. Part 21c. Part 40d. Part 41e. All of the above are reserved


FAR Knowledge

13. If a contractor fails to notify the Contracting Officer that one of its employees, during performance of the contract, hired a prostitute to engage in a commercial sex act, the Government cannot do which of the following:

a. Require the contractor to remove the employeeb. Suspend contract paymentsc. Reduce award feesd. Suspend or debar the contractore. The Government may do all of the above


FAR Knowledge

14. Which of the following is the only listed mitigating factor for the Contracting Officer to consider if the contractor has violated the “Combating Trafficking in Persons” clause at FAR 52.222-50?

a. Whether the contractor has or has not violated this clause beforeb. Whether the contractor had a Trafficking in Persons awareness

program in existence at the time of the violationc. Whether the violation was legal where it occurredd. The number of the contractor’s employees who were involved and

their level of responsibility for the performance of the contracte. Whether the contractor’s employees were convicted in a local court

of a criminal violation


FAR Knowledge

15. A government-wide database of contracts and other procurement instruments intended for use by multiple agencies is available via the Internet at which of the following?

a. www.fedbizopps.govb. www.FPDS.govc. www.contractdirectory.govd. www.wherethebucksgo.com


FAR Knowledge

16. Upon receiving a request from a small business, a Contracting Officer is REQUIRED to provide which of the following?

a. A copy of the solicitation and specificationsb. Identify an employee of the contracting office who will

answer questionsc. Provide adequate citations to each applicable clause with

which a small business must comply d. All of the abovee. Answer a is correct, provided the Contracting Officer still has

copies available. Once the supply is gone, the contracting officer has no obligation to provide a copy to a small business


FAR Knowledge

17. Which of the following activities in Sudan is not considered a restricted business practice?

a. Power productionb. Mineral extractionc. Oil-related activitiesd. Providing goods to marginalized populationse. All of the above are restricted practices


FAR Knowledge

18. Under NAFTA, which threshold is different for Canada and Mexico?

a. Construction contractsb. Service contractsc. Supply contractsd. Research and Development contractse. This is a trick question - all thresholds are the

same under NAFTA.


FAR Knowledge

19. What is the maximum length (of time) an energy savings performance contract (ESPC) can be issued for?

a. 5 yearsb. 10 yearsc. 25 yearsd. 50 yearse. The Contracting Officer has unlimited discretion

in determining the length of an ESPC contract


FAR Knowledge

20. Contracts are required to be distributed within how many days after execution by all parties?

a. Within 24 hoursb. 3 working daysc. 5 daysd. 5 working daye. 10 working days


FAR Knowledge

21. If a contractor refuses to provide a Taxpayer Identification Number (TIN), contract payments may be reduced by how much?

a. 10% if the contract value is above $100,000; below $100,000 up to 50%

b. 22%c. 28%d. 31%e. If a contractor refuses to provide a TIN, it is not

eligible for a contract award.


FAR Knowledge

22. Federal Agencies must have Procurement Instrument Identifiers (PIIDS) that are unique Government-wide, and will remain unique for how many years?

a. 10 yearsb. 20 yearsc. 25 yearsd. 50 yearse. As long as the FAR exists


FAR Knowledge

23. Paid checks, receipts for wages paid in cash or other evidence of payments for services rendered by employees must be retained by a contractor for how many years?

a. 2 yearsb. 3 yearsc. 4 yearsd. 6 years and 3 monthse. 3 years after final payment is received


FAR Knowledge

24. Paid, canceled and voided checks, other than those issued for the payment of salary or wages, must be retained by a contractor for how many years?

a. 2 yearsb. 3 yearsc. 4 yearsd. 6 years and 3 monthse. 3 years after final payment is received


FAR Knowledge

25. Contracting offices shall retain files for cancelled solicitations for how many years (after cancellation)?

a. 1 full year after the end of the fiscal year in which it was cancelled

b. 3 yearsc. 4 yearsd. 5 yearse. 6 years and 3 months


FAR Knowledge

26. Voided Contracting Officer warrants, for former employees who have retired or otherwise left the agency, must be retained in the contracting office for how long?

a. One yearb. Until the last of the contracts signed by that

contracting officer has been closedc. 3 yearsd. 2 years if the warrant was limited; 4 years if it

was unlimitede. There is no FAR requirement to retain voided

contracting officer warrants.


FAR Knowledge

27. Contractor employees may “blow the whistle” on their employers to a government employee who is….?

a. Responsible for program managementb. Responsible for inspectionc. Responsible for enforcement of any law or

regulation relating to Government procurementd. All of the abovee. A supervisor, or a non-supervisor who is at least

a GS-13


FAR Knowledge

28. Which of the following is not a contract?

a. Notice of Awardb. Task letters issued under a Basic Ordering

Agreement (BOA)c. A Basic Ordering Agreement (BOA)d. All of the above are contractse. All of the above are not contracts


FAR Knowledge

29. Fast Payment Procedures may be authorized on individual purchasing instruments up to what maximum dollar amount?

a. $2,500b. $25,000c. $30,000d. The simplified acquisition thresholde. $100,000, but only if the contract is for a

commercial item


FAR Knowledge

30. Contractors with fixed price contracts are authorized to buy one item through government sources of supply. That one item is?

a. Items produced by Federal Prison Industriesb. Security equipment to protect classified informationc. Controlled substances otherwise not availabled. Hazardous material otherwise not availablee. The FAR does NOT authorize contractors with fixed price

contracts to buy anything from government sources of supply - it defeats the whole purpose of a fixed price type contract!


FAR Knowledge

How did you do?

P.S. This was a group exercise… so everyone PASSED!

Thank you for being such good sports!

learn. perform. succeed. 1 so you think you know the far! federal acquisition regulations

Documents

far slide

far knowledge

far subpart

fedbizopps slide

contracting officer

definitions b

preferable c

writing d