FAC Regulatory Compliance & Law 5

Question 1

Under the Federal Acquisition Regulation, which clause requires contractors to flow down certain compliance requirements to their subcontractors?

Accepted Answer

FAR 52.244-6 (Subcontracts for Commercial Products and Commercial Services)

Answer

FAR 52.244-6 requires prime contractors to include certain FAR clauses in subcontracts for commercial products and services, ensuring flow-down of key compliance requirements.

Question 2

Which law gives the government the right to audit a contractor's books and records on cost-reimbursement contracts, and is implemented through FAR 52.215-2?

Accepted Answer

10 U.S.C. 2313 / 41 U.S.C. 4706 (Examination of Records)

Answer

10 U.S.C. 2313 and 41 U.S.C. 4706 authorize the government to examine contractor records, implemented through the Audit and Records clause at FAR 52.215-2.

Question 3

The Drug-Free Workplace Act of 1988 requires federal contractors receiving grants or contracts above what threshold to maintain a drug-free workplace policy?

Accepted Answer

$25,000

Answer

The Drug-Free Workplace Act applies to federal contractors and grantees with contracts or grants of $25,000 or more.

Question 4

Under the Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA), federal contractors with contracts of $150,000 or more must take affirmative action to employ and advance which protected veteran categories?

Accepted Answer

Disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, and Armed Forces service medal veterans

Answer

VEVRAA as amended protects four categories: disabled veterans, recently separated veterans, active wartime/campaign badge veterans, and Armed Forces service medal veterans.

Question 5

A contractor is performing work on a classified contract and discovers a security violation. Which regulatory framework governs the contractor's security obligations and reporting requirements?

Accepted Answer

FAR Part 4 and the National Industrial Security Program Operating Manual (NISPOM)

Answer

FAR Part 4 (Administrative and Information Matters) and the NISPOM govern contractor obligations for protecting classified information and reporting security incidents.

(FAC) Federal Acquisition Certification Practice Test

(FAC) Federal Acquisition Certification Practice Test

FAC Regulatory Compliance & Law 5