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Regulatory Compliance & Law Flashcards

7 cards from real FAC practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Regulatory Compliance & Law flashcards as text
  1. When a contractor receives a final contracting officer's decision (FCOD) under the Contract Disputes Act, within how many days must the contractor appeal to the relevant Board of Contract Appeals?

    Answer: 90 days

    Under the CDA, a contractor must file an appeal to a Board of Contract Appeals within 90 days of receiving the FCOD.

  2. Which law requires that contracts for construction, alteration, or repair of public buildings pay workers at least the locally prevailing wage rates as determined by the Secretary of Labor?

    Answer: Davis-Bacon Act

    The Davis-Bacon Act requires payment of prevailing wages on federally funded construction contracts of $2,000 or more.

  3. Under the Procurement Integrity Act, a former agency official who served in certain procurement positions is prohibited from receiving compensation from the contractor for how long after award?

    Answer: 1 year

    The Procurement Integrity Act imposes a 1-year cooling-off period during which certain former officials cannot receive compensation from the awarded contractor.

  4. FAR 52.222-26 implements which legal requirement for federal contractors?

    Answer: Equal Opportunity under Executive Order 11246

    FAR clause 52.222-26 is the Equal Opportunity clause implementing the nondiscrimination and affirmative action requirements of Executive Order 11246.

  5. Under the Buy American Act, domestic end products are generally preferred in government purchases. For large businesses, what is the current standard evaluation differential applied to foreign offers?

    Answer: 20%

    FAR 25.106 currently applies a 20% price evaluation differential for large business foreign offers compared to domestic offers under the Buy American Act.

  6. Which statute prohibits the government from disclosing a contractor's proprietary information obtained during a procurement, such as cost or pricing data submitted in proposals?

    Answer: Trade Secrets Act (18 U.S.C. 1905)

    The Trade Secrets Act criminalizes unauthorized disclosure of confidential business information, including trade secrets obtained by government employees.

  7. A contractor wishes to protest a solicitation's terms as unduly restrictive. Under FAR Part 33, a pre-award protest must be filed before the bid opening or closing date for receipt of proposals. Which body has concurrent protest jurisdiction with the contracting agency?

    Answer: Government Accountability Office (GAO)

    The GAO (through its Bid Protest Regulations at 4 C.F.R. Part 21) has authority to hear bid protests concurrent with the contracting agency and the Court of Federal Claims.