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 — free, no sign-up.

1. What is a 'wrap rate' in the context of government contract labor pricing? → The total bill rate combining direct labor, fringe, overhead, G&A, and profit/fee
2. Under the FAR, what is the simplified acquisition threshold (SAT) as of recent updates? → $150,000
3. Under FAR 31.201-2, a cost is considered allowable only if it meets which criteria? → Reasonable, allocable, and compliant with CAS and contract terms
4. Under the Federal Acquisition Certification for CORs (FAC-COR), how many training hours are required for a Level II COR? → 40 hours
5. Which of the following best describes an 'undefinitized contract action' (UCA)? → A contract where work begins before final price is agreed upon
6. Under a Cost-Plus-Fixed-Fee (CPFF) contract, the fixed fee is adjusted when: → The scope of work is changed by a contract modification
7. Progress payments on fixed-price contracts are typically based on what? → Costs incurred by the contractor to date
8. Forward Pricing Rate Agreements (FPRAs) are used primarily to: → Establish predetermined indirect rates for pricing future contract actions
9. During contract closeout, what happens if a contractor submits an invoice that was not previously identified during performance? → The COR must verify the claim against contract records before forwarding to the CO
10. Which of the following would be considered an unacceptable COR action during contract performance monitoring? → Accepting a deliverable that does not meet contract specifications without CO approval
11. In Cost & Pricing Analysis, what is the FIRST step a COR professional should take when encountering a new case or situation? → Conduct a comprehensive assessment and gather all relevant information
12. Under FAR 31.205-47, legal costs incurred to defend against government fraud allegations are unallowable when: → The contractor is found liable or pleads guilty in the proceeding
13. Which metric is MOST appropriate for evaluating a contractor's quality of service under a service contract? → Defect rate measured against the Quality Assurance Surveillance Plan (QASP)
14. Which document formally records a contractor's failure to meet contract requirements and initiates a response from the contractor? → Cure notice
15. A contractor's employee gives a COR a gift card worth $15 as a token of appreciation after a project milestone. What should the COR do? → Report it to the contracting officer and return it
16. Which form of communication is most appropriate for documenting key contract discussions? → Formal written communication
17. In a best value tradeoff source selection, an offeror with a higher technical rating but higher price may be selected because: → The added value of superior technical capability justifies the additional cost
18. A contractor claims the government's overly detailed inspection regime caused project delays. This is an example of which type of claim? → Constructive change due to overzealous inspection
19. What is the primary purpose of a definitization schedule in an undefinitized contract action (UCA)? → To establish milestones for finalizing the contract price within regulatory time limits
20. A service-disabled veteran-owned small business (SDVOSB) must have what percentage of ownership by service-disabled veterans? → At least 51%
21. When a contractor submits a request for equitable adjustment (REA), what triggering event typically gives rise to this request? → A government-directed change increases the contractor's cost or time to perform
22. Which contract incentive structure rewards the contractor for completing work BELOW a target cost? → Cost-Plus-Incentive-Fee
23. When a conflict arises between standard procedures and a unique situation in Contract Types & Administration, what should a COR professional prioritize? → Safety and ethical obligations while seeking expert consultation
24. What is the primary role of a COR during the source selection process? → Serve as a technical advisor and evaluator when designated
25. What document formally documents the source selection authority's basis for the award decision? → Source Selection Decision Document (SSDD)
26. Under a firm-fixed-price contract, what is the COR's role in monitoring contractor costs? → Focus on deliverables and performance outcomes rather than contractor costs
27. Which small business program specifically targets firms that are at least 51% owned and controlled by one or more women? → Women-Owned Small Business (WOSB) Program
28. Which CPARS rating indicates the contractor's performance meets all contractual requirements and many significant additional areas? → Very Good
29. A COR receives an email from a contractor that contains proprietary pricing data not required by the contract. The COR should: → Notify the contractor of the inadvertent disclosure and protect or return the data
30. A COR is reviewing deliverables under a performance-based contract. What is the MOST important document the COR should reference? → The Quality Assurance Surveillance Plan (QASP)