Contract Administration & Compliance Flashcards
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Read the first 7 Contract Administration & Compliance flashcards as text
Which document formally establishes the government's rights to inspect and accept work, and can trigger a contractor cure notice if performance is deficient?
Answer: The quality assurance surveillance plan (QASP)
The QASP defines how the government will monitor and evaluate contractor performance against contract requirements, underpinning acceptance decisions and cure actions.
Under FAR 52.249-2 (Termination for Convenience—Fixed-Price), a contractor must submit its settlement proposal within how many days of receiving a notice of termination?
Answer: 1 year
FAR 52.249-2 requires that the contractor submit its termination settlement proposal within one year of the effective date of the termination, unless extended.
What is the Anti-Deficiency Act's primary prohibition relevant to contracting officers?
Answer: Obligating government funds in excess of amounts appropriated or apportioned
The Anti-Deficiency Act prohibits obligating or expending federal funds beyond what has been appropriated, apportioned, or authorized, subjecting violators to criminal penalties.
A contractor performing a cost-plus-fixed-fee (CPFF) contract proposes to substitute a lower-cost material that meets specifications. Under FAR Part 48, this is best characterized as a:
Answer: Value engineering change proposal (VECP) potentially sharing savings with the government
A contractor-initiated cost reduction proposal that meets contract requirements qualifies as a VECP under FAR Part 48, and any savings are shared between the contractor and the government.
Which FAR clause requires prime contractors to flow down specific subcontracting requirements and provides the government with audit rights over subcontractor costs?
Answer: FAR 52.215-12 (Subcontractor Cost or Pricing Data)
FAR 52.215-12 requires prime contractors to obtain certified cost or pricing data from subcontractors when required, and grants the government audit rights over those subcontractor costs.
A contracting officer issues a cure notice under FAR 49.607. If the contractor fails to cure within the specified period, what action typically follows?
Answer: The contracting officer may issue a show cause notice or terminate the contract for default
A failed cure notice leads to a show cause notice or direct termination for default, transferring performance risk and excess reprocurement costs to the contractor.
Under the Truth in Negotiations Act (TINA), if a contractor submits defective cost or pricing data, the government is entitled to:
Answer: A price reduction equal to the overstated amount plus interest
TINA (now codified at 10 U.S.C. 3702 / 41 U.S.C. 3506) allows the government to reduce the contract price by the amount of any overstatement caused by defective data, plus interest.