CFCM Dispute Resolution 3

Question 1

Under FAR 33.103, what must a contractor do before filing a formal claim to encourage resolution at the lowest possible level?

Accepted Answer

Attempt to resolve the issue through good-faith discussions with the CO

Answer

FAR 33.103 encourages contractors and COs to attempt informal resolution before a formal claim is submitted.

Question 2

A contractor's claim is denied by the ASBCA. What is the contractor's next appellate option?

Accepted Answer

U.S. Court of Appeals for the Federal Circuit

Answer

Appeals from BCAs go to the U.S. Court of Appeals for the Federal Circuit, which has exclusive jurisdiction over government contract appeals.

Question 3

Which of the following best describes a 'request for equitable adjustment' (REA) in federal contracting?

Accepted Answer

An informal request to adjust contract price or schedule before filing a formal claim

Answer

An REA is a pre-claim request to modify contract terms due to changed conditions, which if denied can become a formal CDA claim.

Question 4

Under the CDA, what rate of interest applies to contractor claims from the date the claim is submitted?

Accepted Answer

The rate established by the Secretary of the Treasury under the Renegotiation Act

Answer

The CDA requires the government to pay interest on contractor claims at the rate set by the Secretary of the Treasury, adjusted semi-annually.

Question 5

A contractor wants to use a mini-trial to resolve a dispute. Which statement best describes a mini-trial?

Accepted Answer

A structured settlement process where senior executives hear condensed presentations and negotiate

Answer

A mini-trial is an ADR technique where each side presents an abbreviated case to senior decision-makers who then attempt to negotiate a settlement.

(CFCM) Certified Federal Contracts Manager Practice Test