The FAR system was established to provide for the codification and publication of uniform policies and procedures for which agencies?
All executive agencies.
Who is responsible for preparing, issuing, and maintaining the FAR?
The Secretary of Defense, the Administrator of General Services (GSA), and the Administrator of the National Aeronautics and Space Administration (NASA).
Who issues revisions to the FAR?
The Defense Acquisition Regulations Council (DARC) and the Civilian Agency Acquisition Council (CAAC).
Who prints and publishes the FAR?
The FAR Secretariat, as authorized by the GSA.
In the FAR citation 15.506(a), what do the numbers 15, 5, 06, and (a) represent?
15 = Part, 5 = Subpart, 06 = Section, a = Paragraph.
In the FAR citation 25.1102(a)(2), what does the number 11 following the period represent?
It represents Subpart 25.11.
What information is included in the introductory text of each FAR provision or clause?
Cross-reference to the FAR.
What is the definition of “best value”?
The expected outcome of an acquisition that, in the government’s estimation, provides the greatest overall benefit in response to the requirement.
How does Part 52 of the FAR define a “modification”?
A minor change in the details of a provision or clause that is specifically authorized by the FAR and does not alter the substance of the provision or clause.
What is an “unauthorized commitment”?
An agreement that is not binding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the Government.
What is a “latent defect”?
A defect that exists at the time of acceptance but cannot be discovered by a reasonable inspection.
What term describes the process of consolidating two or more requirements for supplies or services, previously provided or performed under separate smaller contracts, into a solicitation for a single contract?
Bundling.
What term describes products and services that have a lesser or reduced effect on human health and the environment when compared with competing products or services?
Environmentally Preferable.
What is a six-position code that identifies a specific agency, office, or other unit that is authorized to engage in acquisition?
Activity Address Code (AAC).
Which of the following is NOT considered a contract under the FAR: a grant, a cooperative agreement, or a purchase order?
A grant or cooperative agreement.
Which of the following is NOT considered an “offer”: a bid, a proposal, or a response to a Request for Quotations (RFQ)?
A response to a Request for Quotations.
What is the process of identifying and coordinating all aspects of an acquisition into a comprehensive strategy called?
Acquisition Planning.
What is the name for a special written approval by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions?
Determination and Findings (D&F).
Which of the following is explicitly stated as not being a contracting officer’s responsibility?
To obtain the lowest price.
At what dollar value does the Governmentwide Point of Entry (GPE) threshold require publicizing contract actions?
$25,000.
Which law specifies how agencies must make their records available to the public upon written request, including time standards for response?
The Freedom of Information Act (FOIA).
Where can executive agencies obtain standard and optional forms for use in acquisitions?
The GSA Forms Library.
Under what circumstances may a contracting office request an exception to a standard form?
For special construction and printing forms.
Which of the following is NOT a condition for ratifying an unauthorized commitment?
That the commitment is under the simplified acquisition threshold.
