Docsity
Log inSign up
Docsity
Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity

Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan

Guidelines and tips
Guidelines and tips
Sell on Docsity
Sell on Docsity
Log inSign up

Prepare for your exams

Study with the several resources on Docsity

Find documents

Prepare for your exams with the study notes shared by other students like you on Docsity

Search Store documents

The best documents sold by students who completed their studies

Search through all study resources
Docsity AINEW

Summarize your documents, ask them questions, convert them into quizzes and concept maps

Explore questions

Clear up your doubts by reading the answers to questions asked by your fellow students

Earn points to download

Earn points by helping other students or get them with a premium plan

Share documents
download point icon20 Points

For each uploaded document

Answer questions
download point icon5 Points

For each given answer (max 1 per day)

All the ways to get free points
Get points immediately

Choose a premium plan with all the points you need

Study Opportunities

Choose your next study program

Get in touch with the best universities in the world. Search through thousands of universities and official partners

Community

Ask the community

Ask the community for help and clear up your study doubts

University Rankings

Discover the best universities in your country according to Docsity users

Free resources

Our save-the-student-ebooks!

Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors

From our blog

Exams and Study
Go to the blog

FAC-C CERTIFICATION EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% PASS 2025/2026, Exams of Contract Law

Webster UniversityContract Law

DOD KO Requirements - ANS ✓DFARS 201.603-2 tells us that in order to qualify to serve as a contracting officer with authority to award or administer contracts for amounts above the simplified acquisition threshold, a person must: -Have completed all contracting courses required for a contracting officer to serve in the grade in which the employee or member of the armed forces will serve. -Have at least 2 years experience in a contracting position. -Have received a baccalaureate degree from an accredited educational institution. -Meet such additional requirements, based on the dollar value and complexity of the contracts awarded or administered in the position, as may be established by the Secretary of Defense. -DFARS 201.603-2(2) also lists several exceptions and amplifications to the above qualifications for contracting officer appointments. FAR 1.602-2 - ANS ✓Contracting officers are responsible for ensuring

Typology: Exams

2024/2025

Available from 04/16/2025

tizian-kylan
tizian-kylan 🇺🇸

2.7

(21)

3.7K documents

1 / 6

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
1
FAC
FAC-C CERT
FAC-C CERTIFICATION EXAM QUESTIONS WITH
CORRECT VERIFIED SOLUTIONS 100%
GUARANTEED PASS (2025/2026)
DOD KO Requirements - ANS ✓DFARS 201.603-2 tells us that in order to qualify
to serve as a contracting officer with authority to award or administer contracts
for amounts above the simplified acquisition threshold, a person must:
-Have completed all contracting courses required for a contracting officer to
serve in the grade in which the employee or member of the armed forces will
serve.
-Have at least 2 years experience in a contracting position.
-Have received a baccalaureate degree from an accredited educational
institution.
-Meet such additional requirements, based on the dollar value and complexity of
the contracts awarded or administered in the position, as may be established by
the Secretary of Defense.
-DFARS 201.603-2(2) also lists several exceptions and amplifications to the
above qualifications for contracting officer appointments.
FAR 1.602-2 - ANS ✓Contracting officers are responsible for ensuring
performance of all necessary actions for effective contracting, ensuring
compliance with the terms of the contract , and safeguarding the interests of the
United States in its contractual relationships. In order to perform these
responsibilities, contracting officers should be allowed wide latitude to exercise
business judgment.
FAR 1.602-2(a) - ANS ✓Contracting Officers must ensure sufficient funds are
available for obligation for each contract action.
FAR 1.602-2(b) - ANS ✓states that contracting officers shall ensure that
contractors receive impartial, fair, and equitable treatment. This applies to all
types of communications, written and verbal.
pf3
pf4
pf5

Partial preview of the text

Download FAC-C CERTIFICATION EXAM QUESTIONS WITH CORRECT VERIFIED SOLUTIONS 100% PASS 2025/2026 and more Exams Contract Law in PDF only on Docsity!

FAC

FAC-C CERTIFICATION EXAM QUESTIONS WITH

CORRECT VERIFIED SOLUTIONS 100%

GUARANTEED PASS ( 202 5/2026)

DOD KO Requirements - ANS ✓DFARS 201.603-2 tells us that in order to qualify to serve as a contracting officer with authority to award or administer contracts for amounts above the simplified acquisition threshold, a person must:

  • Have completed all contracting courses required for a contracting officer to serve in the grade in which the employee or member of the armed forces will serve.
  • Have at least 2 years experience in a contracting position.
  • Have received a baccalaureate degree from an accredited educational institution.
  • Meet such additional requirements, based on the dollar value and complexity of the contracts awarded or administered in the position, as may be established by the Secretary of Defense.
  • DFARS 201.603-2(2) also lists several exceptions and amplifications to the above qualifications for contracting officer appointments. FAR 1.602- 2 - ANS ✓Contracting officers are responsible for ensuring performance of all necessary actions for effective contracting, ensuring compliance with the terms of the contract , and safeguarding the interests of the United States in its contractual relationships. In order to perform these responsibilities, contracting officers should be allowed wide latitude to exercise business judgment. FAR 1.602-2(a) - ANS ✓Contracting Officers must ensure sufficient funds are available for obligation for each contract action. FAR 1.602-2(b) - ANS ✓states that contracting officers shall ensure that contractors receive impartial, fair, and equitable treatment. This applies to all types of communications, written and verbal.

FAC

FAR 1.602-2(c) - ANS ✓Contracting officers shall request and consider the advice of specialists in audit, law, engineering, information security , transportation, and other fields, as appropriate. FAR 1.602-2(d) - ANS ✓states that contracting officers shall designate CORs in writing and furnish copies to the contractor and the contract administration office. Which part of the FAR gives the best guidance for personal conflict of interest? - ANS ✓FAR part 3 Which part of the FAR gives the best guidance for organizational conflict of interest? - ANS ✓FAR part 9 FAR 1.102-4(e) - ANS ✓states that contracting officers "should take the lead in encouraging business process innovations and ensuring that business decisions are sound." FAR 1.102-2(c)(2) - ANS ✓tells us the contracting system must focus on "risk management" rather than "risk avoidance." The cost to the taxpayer of attempting to eliminate all risk is prohibitive. The contracting system should allow contracting professionals to take independent action based on their professional judgment. Along these lines, contracting professionals should exercise discretion, use sound business judgment, and comply with applicable laws and regulations in dealing with contractors and prospective contractors. All contractors and prospective contractors should be treated fairly and impartially but need not be treated the same. FAR 1.102-2(c) - ANS ✓Instructs that the business of acquisition should be conducted with openness. FAR 1.102-2(c)(1) - ANS ✓Goes on to say that not only must the system have integrity, but the actions of each member of the team must reflect integrity, fairness, and openness. Openness for the contracting officer applies primarily to? - ANS ✓The Acquisition Team, Contractors, Offerors, The Contracting Team FAR 1.102-2(a) - ANS ✓tells contracting professionals that a guiding principle of the Federal Acquisition System is to satisfy customers in terms of cost, quality, and timeliness of the delivered product or service.

FAC

Prior to negotiating a sole source contract, the contracting officer must complete a? - ANS ✓Justification and Approval SF 26 - Award/Contract Form - ANS ✓Used to award negotiated contracts in which signatures of both parties on a single document is appropriate. SF 30 - Amendment of Solicitation/Modification of Contract Form - ANS ✓Used to amend any solicitation or modify any contract. SF 33 - Solicitation, Offer, and Award - ANS ✓May be used to award either negotiated contracts or contracts utilizing sealed bidding. SF 44 Purchase Order-Invoice-Voucher - ANS ✓Used for simplified acquisitions at or below the micro-purchase threshold, except for purchases under unusual and compelling urgency or in support of contingency operations. SF 1409 - Abstract of Offers - ANS ✓Prescribed for use in recording bids. SF 1442, Solicitation, Offer, and Award (Construction, Alteration or Repair)

  • ANS ✓Used for soliciting offers and awarding contracts expected to exceed the simplified acquisition threshold. These acquisitions must be for:
  • Construction, alteration or repair; or
  • Dismantling, demolition, or removal of improvements. SF 1449 - Solicitation/Contract/Order for Commercial Items - ANS ✓Required for solicitations for commercial items if the acquisition will exceed the simplified acquisition threshold. It is encouraged for commercial acquisitions not exceeding the simplified acquisition threshold. DD 254 - Contract Security Classification Specification - ANS ✓Used to provide security classification guidance to U.S. contractors, and subcontractors as applicable, requiring access to information classified as "Confidential", "Secret", or "Top Secret". DD 1155 - Order for Supplies or Services - ANS ✓Used for placing orders under indefinite-delivery contracts or if the SF 1449 is not used under simplified acquisition procedures. DD 1547 - Record of Weighted Guidelines Application - ANS ✓Used to facilitate a structured approach to profit/fee analysis.

FAC

DD 1861 - Contract Facilities Capital Cost of Money - ANS ✓Used to estimate the facilities capital cost of money and capital employed ( used in conjunction with the CASB-CMF and cost of money factors). FAR 5.101(a)(1) states that contracting officers must disseminate information on proposed contract actions as follows: - ANS ✓-For proposed contract actions expected to exceed $25,000, by synopsizing in the Government- 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. FAR 42.501(a) - ANS ✓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 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. The Anit-Kickback Act of 1986 - ANS ✓(now codified at 41 U.S.C. chapter 87, Kickbacks,) was passed to deter subcontractors from making payments and contractors from accepting payments for the purpose of improperly obtaining or rewarding favorable treatment in connection with a prime contract or a subcontract relating to a prime contract. Who develops a solicitation? - ANS ✓The government, and the buyer Who prepares an offer? - ANS ✓The contractor, and the seller During the post award phase while the contract is being performed, who has responsibility for quality? - ANS ✓The seller Acquisition - ANS ✓FAR 2.101 tells us Acquisition means the acquiring by contract with appropriated funds of supplies or services (including construction) by and for the use of the Federal Government through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evaluated. Acquisition begins at the point when agency needs are established and includes the description of requirements to satisfy agency needs, solicitation and selection of sources, award of contracts, contract financing, contract performance, contract administration, and those technical and