COR Cheat Sheet 2026
The 30 highest-yield COR facts, distilled from real exam questions. Print it, save it as a PDF, or study it here β free, no sign-up.
- Under the Federal Acquisition Certification for CORs (FAC-COR), how many training hours are required for a Level II COR? β 40 hours
- Progress payments on fixed-price contracts are typically based on what? β Costs incurred by the contractor to date
- In Cost & Pricing Analysis, what is the FIRST step a COR professional should take when encountering a new case or situation? β Conduct a comprehensive assessment and gather all relevant information
- Which form of communication is most appropriate for documenting key contract discussions? β Formal written communication
- When a conflict arises between standard procedures and a unique situation in Contract Types & Administration, what should a COR professional prioritize? β Safety and ethical obligations while seeking expert consultation
- Why is performance monitoring important in contract management? β To ensure deliverables meet contract standards
- What is a key ethical obligation for CORs? β Maintain impartiality and integrity
- In Contract Closeout Procedures, what is the FIRST step a COR professional should take when encountering a new case or situation? β Conduct a comprehensive assessment and gather all relevant information
- Which standard of practice is MOST important for ensuring quality in Contract Types & Administration? β Following evidence-based protocols while adapting to specific circumstances
- What should a COR do if contractor performance falls below expectations? β Notify the Contracting Officer with documentation
- What is the purpose of regular audits in contract oversight? β To ensure compliance and identify risks
- What action should a COR take if potential fraud is suspected? β Report it to the Contracting Officer immediately
- What does 'apparent authority' mean in the context of a COR's role? β A contractor reasonably believes the COR has authority they actually lack
- What should a COR do if an invoice includes charges for work not yet performed? β Reject it and notify the Contracting Officer
- Within how many days must the government generally make payment under the Prompt Payment Act after receiving a proper invoice? β 30 days
- Which of the following actions is OUTSIDE the scope of a COR's delegated authority? β Issuing a contract modification to change the scope of work
- Which term describes Government property that is provided to a contractor at no charge for use in performing the contract? β Government-Furnished Property (GFP)
- What is the purpose of a receiving report in the contractor payment process? β To certify that goods or services were received and accepted by the government
- When a conflict arises between standard procedures and a unique situation in Modifications & Change Orders, what should a COR professional prioritize? β Safety and ethical obligations while seeking expert consultation
- A COR identifies a potential conflict of interest with a current contractor. What must the COR do? β Immediately disclose it to both the Contracting Officer and the agency ethics official
- What document must a contractor submit to the Government when property is lost, damaged, destroyed, or stolen? β A report of loss, damage, or destruction to the contracting officer
- What is a key benefit of using performance-based contracts? β They emphasize results over processes
- When a COR is reassigned or leaves their position mid-contract, what must occur? β All COR files and responsibilities must be formally transferred to a replacement
- Which of the following is a responsibility of the COR? β Inspect and document contractor performance
- A COR's authority is ultimately derived from: β A formal delegation from the Contracting Officer's warrant
- What document formally designates a CORβs authority? β COR Designation Letter
- Which standard of practice is MOST important for ensuring quality in Federal Acquisition Regulations? β Following evidence-based protocols while adapting to specific circumstances
- When Government property is provided to a subcontractor, who retains responsibility for ensuring the property is properly managed? β The prime contractor, who remains accountable to the Government
- What is an 'improper invoice' under the Prompt Payment Act? β An invoice missing required information such as the contract number
- Which of the following is NOT a COR responsibility in the invoice review process? β Negotiating the final contract price
Turn these facts into recall: