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Federal Acquisition Regulations & Policies Flashcards

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

Read the first 7 Federal Acquisition Regulations & Policies flashcards as text
  1. Which FAR part governs the requirements for contractor cost accounting standards (CAS)?

    Answer: FAR Part 30

    FAR Part 30 implements the Cost Accounting Standards (CAS) and provides policies requiring certain contractors to comply with CAS Board rules.

  2. Under the FAR, what is the primary purpose of a Justification and Approval (J&A) document?

    Answer: To authorize a sole-source or other than full and open competition acquisition

    A J&A is required when an agency uses other than full and open competition and must document the rationale and authority for that decision.

  3. According to FAR 52.222-26, which protected class is NOT covered under the Equal Opportunity clause?

    Answer: Marital status

    FAR 52.222-26 covers race, color, religion, sex, sexual orientation, gender identity, and national origin, but marital status is not a federally protected class under EO 11246.

  4. What threshold triggers the requirement for a contractor to submit certified cost or pricing data under TINA?

    Answer: $2 million

    The Truth in Negotiations Act (TINA) requires certified cost or pricing data when a contract action exceeds $2 million (as adjusted by inflation).

  5. Under FAR Part 19, what is the small business set-aside threshold below which every acquisition is automatically a small business set-aside (when there is a reasonable expectation of competition)?

    Answer: Between the micro-purchase threshold and the simplified acquisition threshold

    FAR 19.502-2 requires that acquisitions between the micro-purchase threshold and the simplified acquisition threshold be set aside for small businesses if there is a reasonable expectation of receiving offers from two or more small businesses.

  6. Which FAR clause addresses the Government's right to use, duplicate, and disclose technical data delivered under a contract?

    Answer: FAR 52.227-14 Rights in Data—General

    FAR 52.227-14 (Rights in Data—General) establishes the Government's license rights in data delivered under civilian agency contracts.

  7. Under FAR 16.505, what is the ordering officer required to do before placing a task or delivery order above the simplified acquisition threshold on a multiple-award IDIQ contract?

    Answer: Provide a fair opportunity for all awardees to compete for the order

    FAR 16.505(b) requires ordering officers to provide each IDIQ awardee a fair opportunity to be considered for task or delivery orders exceeding the simplified acquisition threshold.