COR Government-Furnished Property & Equipment 3

Question 1

If a contractor identifies excess Government property during contract performance, what is the required first step?

Accepted Answer

Notify the contracting officer so proper disposition instructions can be issued

Answer

When excess GFP is identified, the contractor must notify the contracting officer, who will then issue formal disposition instructions in accordance with FAR Part 45.

Question 2

Which form is commonly used to transfer accountability of Government property between contracts or agencies?

Accepted Answer

DD Form 1149 (Requisition and Invoice/Shipping Document)

Answer

DD Form 1149 is used to document the transfer of Government property, serving as both a requisition document and a shipping record for accountability purposes.

Question 3

Under FAR Part 45, which of the following actions by a contractor would make the contractor liable for loss of Government property regardless of their approved property management system?

Accepted Answer

Loss resulting from the contractor's willful misconduct or lack of good faith

Answer

Contractors are held liable for Government property losses that result from their own willful misconduct or failure to act in good faith, even with an approved property management system.

Question 4

When Government property is provided to a subcontractor, who retains responsibility for ensuring the property is properly managed?

Accepted Answer

The prime contractor, who remains accountable to the Government

Answer

The prime contractor remains fully accountable to the Government for all Government property, even when it is in the possession of a subcontractor.

Question 5

What must the COR verify before Government-Furnished Equipment is delivered to a contractor?

Accepted Answer

That the equipment is in acceptable condition and properly documented, and that delivery is reflected in contract records

Answer

The COR should verify the condition and documentation of GFE at the time of delivery and ensure the transaction is captured in contract records to establish accountability.

(COR) Contracting Officer's Representative Certification Practice Test

(COR) Contracting Officer's Representative Certification Practice Test

COR Government-Furnished Property & Equipment 3