Law Review Questions

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Law Review Questions

• Q This is the basic set of regulations governing
  Federal procurement. Found in Chapter 1 Title 48
  in the Code of Federal Regulations, this massive
  document establishes uniform policies and
  procedures to be used by Federal executive
  agencies when making acquisitions.

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Law Review Questions

• The FAR

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Law Review Questions

• Q This key Government employee has the
  authority to enter into, administer, and
  terminate contracts, and to make related
  determinations and findings on behalf of the
  government.

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Law Review Questions

• Contracting Officer

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Law Review Questions

• Q This Federal statute requires the Government
  to obtain full and open competition in
  procuring supplies and services.

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Law Review Questions

• Competition in Contracting Act

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Law Review Questions

• Q In this type of contract or pricing
  arrangement, a contractor is paid a lump sum by
  the Government for the timely delivery of an
  end-item or defined service.

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Law Review Questions

• Fixed Price

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Law Review Questions

• Q These sets of regulations governed the Federal
  procurement process prior to the implementation
  of the FARs.

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Law Review Questions

• Defense Acquisition Regulations Federal
  Procurement Regulations

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Law Review Questions

• Q This Federal digest is used to advertise US
  Government procurements. It provides a daily list
  of Government procurement invitations, contract
  awards, etc.

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Law Review Questions

• CBD

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Law Review Questions

• Q This is the most extensive agency audit group
  in the Government

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Law Review Questions

• DCAA

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Law Review Questions

• Q In a sealed bid situation, a bidder who
  submits a nonresponsive bid may receive award on
  the theory that the bid will become responsive
  prior to award. T or F?

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Law Review Questions

• F

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Law Review Questions

• Q In a sealed bid situation, a contractor would
  be deemed nonresponsible if _____
• .his bid price is ambiguous
• .he is found to lack adequate financial resources
  to perform the contract.
• .his offered bid-acceptance period is shorter
  than that specified in the invitation for bids.
• .his bid omits material portions of the IFB and
  he fails to incorporate them by reference.

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Law Review Questions

• 2

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Law Review Questions

• Q In a competitive proposal procurement,
  written or oral discussions normally must be held
  with all offerors ______
• .who have responded to the RFP.
• .who have submitted a properly executed
  performance bond.
• .who are within the competitive range.
• .who have submitted a certificate of Eligibility
  Responsibility

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Law Review Questions

• 3

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Law Review Questions

• Q More than one round of best and final offers
  may be required when ____
• .the number of units required by the Government
  is changed.
• .an offeror insists that another round of best
  and final offers be solicited.
• .material advice has been given to all offerors
  within the competitive range.

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Law Review Questions

• 3

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Law Review Questions

• Q The 8(a) program of the Small Business
  Administration (SBA) ____
• .guarantees contracts between the various
  Government agencies and small business concerns.
• .encourages prime contractors to use small
  businesses as subcontractors on their Government
  contracts.
• .prohibits a Government agency from terminating a
  small business for default without permitting the
  SBA to select another small business contractor
  to complete the contract.
• .authorizes the SBA to subcontract awards from
  various Government agencies to small
  disadvantaged contractors.

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Law Review Questions

• 4

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Law Review Questions

• Q A specification defines the supplies or
  services to be procured precisely and fully, and
  must the Government maximum needs. T or
  F? ______

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Law Review Questions

• F

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Law Review Questions

• Q When the Government furnishes design
  specifications to the contractor, the Government
  accepts the responsibility for any errors or
  defects the specifications contain. T or F?

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Law Review Questions

• T

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Law Review Questions

• Q In this type of contract or pricing
  arrangement, a contractor is reimbursed for all
  allowable costs incurred during the performance
  of the contract.

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Law Review Questions

• CR

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Law Review Questions

• Q Sealed bidding is likely to be used
  when _____
• .award can be made on the basis of price or
  price-related factors.
• .it is necessary to conduct discussions with the
  responding sources about their bids.
• .there is no reasonable expectation of receiving
  more than one sealed bid.
• .the intangible merits of a potential contractor
  or of his goods or services are important.
• the government is not concerned about the
  benefits of wide competition.

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Law Review Questions

• 1

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Law Review Questions

• Q In competitive negotiation procurements, the
  Contracting Officer, in order to obtain a more
  competitive price, is limited to using firm-fixed
  price contracts or fixed-price contracts with
  economic price adjustment. T or F? ____

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Law Review Questions

• F

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Law Review Questions

• Q What are unlimited rights?

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Law Review Questions

• Govt can use , reproduce, modify, and disclose
  data as it wishes.

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Law Review Questions

• Q Give 3 examples of indirect costs.

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Law Review Questions

• GA, i.e. fringe benefits, retirements
• Overheads, i.e. lights, heat, paper

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Law Review Questions

• Q the 3 branches of the Government involved in
  procurement plus 1 non-governmental player that
  is very important to the procurement process.

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Law Review Questions

• Exec, Judicial, Legislative, Public

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Law Review Questions

• Q In the broadest of terms, whats the
  differences between sealed bidding and negotiated
  procurements?

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Law Review Questions

• Q You are a contractor who has decided that
  the best way to get ahead is to cheat the
  Government by fraudulently taking advantage of
  its socioeconomic programs. Give three examples.

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Law Review Questions

• Q What is an act of God (in relation to an
  excusable delay)?

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Law Review Questions

• Viable and accepted reasons for delay that are
  outside of contractors control.