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26 Cards in this Set
- Front
- Back
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Difference between pre-award and post-award debriefings with regards to content and timelines? |
3 Days to request pre-award debriefing 3 Days to request post-award debriefing 5 Days KO to conduct the debriefing
Essentially there the same!
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Which of the following is not a forum for Protest? |
- GAO - Awarding Agency - Court of Federal Claims -Special Entity -Kangaroo Claims |
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Conduct a Post award debriefing to an unsuccessful offeror (Reason why an offeror didn't win the contract)? |
inadequate documentation errors of discussions with offerors flaws in cost evaluations
-Not adhering to established evaluation criteria |
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Whats the value of a post award conference? |
Aids both Government and contractor personnel
1) gives clear and mutual understanding of all contract requirements 2) identify and resolve potential problems |
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Why is important to read and understand the contract requirements? |
A thorough knowledge of the contract equals=success |
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What functions does a KO normally delegate to the CAO? |
Contractor compensation Cost and payments Government Property Surveillance and Status reporting |
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Determine COR responsibilities and duties of to support effective risk management of the contract? |
Promptly inspects services delivered
Identifies those that meet and do not meet the performance standards
Documents and provides a notice of satisfactory or unsatisfactory completion of requirements
Notifies the contracting officer (KO) |
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If the KO and contractor cannot reach an agreement on an equitable adjustment what action is taken? |
KO will issue an unilateral change administratively changing the contract price to figure that you can support as being fair and reasonable. |
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Assess the impact of a price adjustment to the elements of an incentive arrangement (FPI) Financial impacts to incentive contract)? |
Government Bears part of the cost risk on FPI
Pricing of changes has impact on incentive arrangements
Billing prices must be adjusted with cost level to maintain proper cash flow
Final Price Revision Proposal sets final prices |
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Formulate the appropriate under/over target adjustments to the elements of the incentive arrangements? |
Final Price=Actual Cost + Target Fee + sellers share (IF) in cost savings
(High Actual Cost = Low Fee) (Low Actual Cost = High Fee)
If the contractor has a cost target savings to the government, the fee will be high (Vice Versa) |
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What is the requirements that must be met for a KO to exercise an option? |
Funds are available
Fulfills existing government need
The exercise of the option is the most advantageous method |
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Evaluate appropriate wage rate increases IAW Service Contract Act? Who establishes rates? |
The Secretary of Labor
For service contracts $2,500 and under, SCA requires payment of the minimum wage
For service contracts $2,500 and over, SCA requires a wage determination |
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Analyze contracting officer representatives feedback? If a contractor fails the AQL inspection, what feedback will the COR produce |
Contractor Deficiency Report (CDR) |
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Discuss evaluation of contractor performance in DoD? |
Identify changes necessary to improve mission
Keep a record of improvements that could be made to next acquisition
Implement change
Evaluate Contractor performance
Assess effectiveness of performance evaluation strategy
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Contractor performance assessments should focus on ? |
Outcomes rather than Contractor Processess |
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What are the remedies for cost reimbursable contracts if the contractor fails to make progress? |
the contractor will re-perform the service at no additional cost |
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Discuss inventory close-out documentation unique to service contracts? |
Contracts with indirect cost rates should be closed within 36 months
(Files for all other contracts should be closed within 20 months) |
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If the contract is an incentive contract and all overhead rates applicable to the contract have been negotiated, the contractor is allowed to resubmit its? |
re-pricing settlement proposal |
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What's the penalty for contractors who claim unallowable indirect cost? |
2x times the amount in of disallowed cost and is subject to administrative, civil, criminal penalties. |
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Select government advance notifications to disallow costs? |
The KO may at any time issue the Contractor a written notice of intent to disallow specified cost |
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Determine the difference between Billing and final contractor rates? |
"Billing Rate"-as used in this subpart, means an indirect cost rate-established temporarily for interim reimbursement of incurred indirect cost
"Final Contractor Rate" -auditor determines procedures, within 120 days after settlement (42.705) |
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Describe the process to appoint, train and manage CORs |
Level I: 8 hrs of CLP every 2 years Level II: 40 hrs of CLP every 2 years Level III: 40 hrs of CLP every 2 years |
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CORs should be appointed ? |
when managing the performance, cost, schedule tracking of service contracts. |
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A (______) is a process that identifies how a performance objective should be measured and what performance standards are appropriate and reasonable for that particular performance objective |
Performance Analysis |
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If a cost is both reasonable and allocable then its ? |
Allowable |
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If a cost is unreasonable and unallocable then its ? |
Unallowable |
