COR Federal Acquisition Regulations 2 — Questions and Answers
Question 1: Which FAR part governs the requirements for competition in contracting?
- FAR Part 6 (Correct answer)
- FAR Part 12
- FAR Part 15
- FAR Part 19
Correct answer: FAR Part 6
FAR Part 6 establishes competition requirements and the exceptions to full and open competition.
Question 2: Under FAR 52.212-4, what is the contractor's obligation when it encounters a government-caused delay?
- Immediately stop work and await direction
- Notify the Contracting Officer and continue performance (Correct answer)
- File a claim within 10 days
- Seek equitable adjustment automatically
Correct answer: Notify the Contracting Officer and continue performance
FAR 52.212-4 requires the contractor to notify the CO of delays and generally continue performance while the issue is resolved.
Question 3: A COR notices a contractor performing work outside the contract scope. What is the FIRST action the COR should take?
- Direct the contractor to stop the unauthorized work
- Document the issue and notify the Contracting Officer (Correct answer)
- Approve the work if it appears necessary
- Issue a verbal modification to authorize the work
Correct answer: Document the issue and notify the Contracting Officer
The COR lacks authority to modify contracts or direct out-of-scope work; the proper step is to document and notify the CO.
Question 4: FAR Part 31 establishes cost principles primarily applicable to which contract type?
- Firm-fixed-price contracts
- Cost-reimbursement contracts (Correct answer)
- Time-and-materials contracts
- Indefinite-delivery indefinite-quantity contracts
Correct answer: Cost-reimbursement contracts
FAR Part 31 cost principles are primarily applicable to cost-reimbursement contracts where allowability of costs must be determined.
Question 5: Which clause in the FAR requires contractors to flow down certain requirements to subcontractors?
- FAR 52.222-26 Equal Opportunity
- FAR 52.203-13 Contractor Code of Business Ethics
- FAR 52.215-2 Audit and Records
- All of the above, depending on the requirement (Correct answer)
Correct answer: All of the above, depending on the requirement
Multiple FAR clauses require flowdown to subcontractors, including equal opportunity, ethics, and audit clauses depending on dollar thresholds and contract type.
Question 6: Under the FAR, what is the simplified acquisition threshold (SAT) as of recent updates?
- $100,000
- $150,000 (Correct answer)
- $250,000
- $500,000
Correct answer: $150,000
The simplified acquisition threshold is $150,000 under FAR 2.101, which triggers simplified acquisition procedures.
Question 7: A contractor submits a request for equitable adjustment (REA) claiming additional costs due to a differing site condition. Under FAR 52.236-2, within how many days must the contractor provide notice?
- 5 days
- 10 days (Correct answer)
- 20 days
- 30 days
Correct answer: 10 days
FAR 52.236-2 requires the contractor to promptly notify the CO within 10 days before disturbing the conditions.
COR Federal Acquisition Regulations 2
Which FAR part governs the requirements for competition in contracting?