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.

  1. Under the Federal Acquisition Certification for CORs (FAC-COR), how many training hours are required for a Level II COR? β†’ 40 hours
  2. Progress payments on fixed-price contracts are typically based on what? β†’ Costs incurred by the contractor to date
  3. 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
  4. Which form of communication is most appropriate for documenting key contract discussions? β†’ Formal written communication
  5. 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
  6. Why is performance monitoring important in contract management? β†’ To ensure deliverables meet contract standards
  7. What is a key ethical obligation for CORs? β†’ Maintain impartiality and integrity
  8. 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
  9. Which standard of practice is MOST important for ensuring quality in Contract Types & Administration? β†’ Following evidence-based protocols while adapting to specific circumstances
  10. What should a COR do if contractor performance falls below expectations? β†’ Notify the Contracting Officer with documentation
  11. What is the purpose of regular audits in contract oversight? β†’ To ensure compliance and identify risks
  12. What action should a COR take if potential fraud is suspected? β†’ Report it to the Contracting Officer immediately
  13. 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
  14. What should a COR do if an invoice includes charges for work not yet performed? β†’ Reject it and notify the Contracting Officer
  15. Within how many days must the government generally make payment under the Prompt Payment Act after receiving a proper invoice? β†’ 30 days
  16. 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
  17. 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)
  18. 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
  19. 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
  20. 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
  21. 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
  22. What is a key benefit of using performance-based contracts? β†’ They emphasize results over processes
  23. 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
  24. Which of the following is a responsibility of the COR? β†’ Inspect and document contractor performance
  25. A COR's authority is ultimately derived from: β†’ A formal delegation from the Contracting Officer's warrant
  26. What document formally designates a COR’s authority? β†’ COR Designation Letter
  27. Which standard of practice is MOST important for ensuring quality in Federal Acquisition Regulations? β†’ Following evidence-based protocols while adapting to specific circumstances
  28. 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
  29. What is an 'improper invoice' under the Prompt Payment Act? β†’ An invoice missing required information such as the contract number
  30. Which of the following is NOT a COR responsibility in the invoice review process? β†’ Negotiating the final contract price