This is a mini exam for the CFCM test.
An unauthorized commitment may be ratified as long as funds are available
The contracting officer is the ratification approval authority for actions up to $ 2,500.00
Agencies should take positive action to preclude the need for ratification actions
Proper delegation of micro-purchase authority eradicates any need for ratification procedures
Ratification
Determination and Findings
Contracting Officer's Final Decision
Waiver
Combining
Consolidating
Bundling
Mixing
They discourage competition
Such arrangements may lead to attempted or actual exercise of improper influence
They result in excessive overhead costs
Accountability of costs is difficult to track
Time permits the solicitation,submission, and evaluation of sealed bids
Award will be made on the basis of price and other price related factors
It is necessary to conduct discussions
The resulting contract will be with a small business
Competition Advocate
Head of the Contracting Activity
Small Business Office
Contract Administrator
Research and Development
Products requiring qualification before award
Commercial Items
Non-commercial items being manufactured for the first time
When it is possible to estimate accurately the extent or duration of the work
When the specifications/work statement is clearly defined
When uncertainties involved in contractor performance do not permit costs to be estimated
When the exact times and/or quantities of future deliveries are not known at time of award
If detailed government specifications exist
A fair and reasonable price
The Government's requirements
The extent to which commercial items or nondevelopmental items could satisfy the need
$1,000,000
$100,000
$5,000,000
$3,000,000
Is not required to establish price reasonableness
Can accept the commercial standard for price reasonableness
Must establish price reasonableness in accordance with 13.106-3, 14.408-2 or Subpart 15.4 applicable
Must establish price reasonableness in accordance with commercial practices
Have past performance records that show them to be unreliable
Bid only on purchases over the simplified acquisition threshold
Have provided few purchases at or below the simplified acquisition threshold
Offer quality supplies or services at consistently lower prices that their competitors
A purchase requisition is required to establish one
Use of a BPA exempts an agency from the responsibility for keeping obligations and expenditures within available funds
They may be established with more than one supplier
They may be established even if there is an existing requirements contract for the same supply or service
Repairs to equipment requiring disassembly to determine the nature and extent of repairs
Commercial or nondevelopmental items
Urgently needed supplies available through multiple sources
Routine items for stock
Answering industry's questions
Amending an ambiguous IFB
Explaining requirements
Conducting market research
A US Post Office proof of mailing receipt
Other documentary evidence maintained by the contractor
Oral testimony or statements by the bidder's personnel
Time/date stamp of that installation on the bid wrapper
Cost-Plus-Fixed Ree
Firm-Fixed Price and sometimes fixed-price with economic price adjustment
Any type within the family of Fixed Price contract types
Firm-Fixed-price only
Responses to RFIs are not offers and may not be accepted by the Government to form a binding contract
Responses to RFIs may be accepted by the Government to form a binding contract
RFIs are used when the Government desires market information and intends to award a contract immediately
Use of RFIs is limited to purchases not exceeding the simplified acquisition threshold
Verification
Clarification
Discussion
Remuneration
Does not constitute a representation as to the accuracy of the contractor's judgment on the estimate of future costs or projections
Is required upon exercise of an option at the price established at contract award, regardless of dollar value
Is required for proposals in support of interim billing price adjustments valued in excess of $500,000
Is no longer required
In response to Broad Agency Announcements
Through participation in Small Business Innovation Research Programs
In response to Program Research and Development Announcements
Unsolicited proposals
Each contractor and subcontractor to furnish a weekly statement of compliance with respect to the wages paid each employee during the preceding week
Makes it unlawful to induce any person employed in the construction or repair of public buildings or public works, financed in whole or in part by the U.S. to give up any part of the compensation to which that person is entitled under a contract of employment
States that no laborer or mechanic employed directly upon the site of the work shall receive less than the prevailing wage rates as determined by the Secretary of Labor
Mandates that no laborer or mechanic doing any part of the work contemplated by the contract be required or permitted to work more than 40 hours in any work week unless paid for all additional hours at not less than 1 1/2 times the basic rate of pay
Addresses use of high technology ball bearings
Applies to construction contracts over $2,500
Requires that all manufacturing be accomplished outside the U.S
Applies to applicable contract actions exceeding $10,000
Construction contracts exceeding $2,000
Construction contracts exceeding $100,000
Services and supply contracts exceeding the simplified acquistion threshold when necessary to protect the Government's intrest
Both b and c
When the contracting officer and offeror are able to agree on the performance-based payment
When a definitized fixed-price type contract is contemplated
When the contract does not provide for other methods of contract financing
When all of the above conditions are met
Either the Agency or the Government Accountability Office (GAO)
The Agency, the GAO, or the General Services Board of Contract Appeals (ADP acquisitions)
Either the contracting officer or the United States Court of Federal Claims
Small Claims Court for awards under the Simplified Acquisition Threshold
The program manager
The contracting officer
The acquisition manager
The R & D Chief
Multi-year
Successive
Modular
Alpha
Review the Contractor's compensation structure and insurance plans
Conduct post-award orientation conferences
Assist the contractor in management of its subcontractors
Determine the Contractor's compliance with Cost Accounting Standards
Consent is required for subcontractors identified in the subcontracts clause of the contract
Purchases below the Simplified Acquisition Threshold must be reviewed by the contracting officer
Only items on the government qualified products list may be used
F.O.B. origin may not be used
A contract carrier
A universal carrier
A common carrier
A commercial carrier
Public Law 85-804
The Head of the Contracting Activity
The Secretary of Defense
A level above the contracting officer
Holding pre-soliciation conferences
Publishing formal requests for information
Reviewing catalog and other generally available product literature
All of the above
Minimize cost of the procurement
Reduce overhead in the procurement function
Promote full and open competition
Minimize the lead-time to acquire the desired goods or services