FCC Federal Acquisition Regulations & Policies 2 — Questions and Answers
Question 1: Which FAR part governs the requirements for contractor cost accounting standards (CAS)?
- FAR Part 30 (Correct answer)
- FAR Part 15
- FAR Part 31
- FAR Part 42
Correct 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.
Question 2: Under the FAR, what is the primary purpose of a Justification and Approval (J&A) document?
- To authorize a sole-source or other than full and open competition acquisition (Correct answer)
- To document price reasonableness for competitive awards
- To approve contractor performance evaluations
- To justify exceeding the simplified acquisition threshold
Correct 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.
Question 3: According to FAR 52.222-26, which protected class is NOT covered under the Equal Opportunity clause?
- Marital status (Correct answer)
- Race
- Sex
- National origin
Correct 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.
Question 4: What threshold triggers the requirement for a contractor to submit certified cost or pricing data under TINA?
- $2 million (Correct answer)
- $750,000
- $250,000
- $1 million
Correct 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).
Question 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)?
- Between the micro-purchase threshold and the simplified acquisition threshold (Correct answer)
- Between $500,000 and $1 million
- Above the simplified acquisition threshold
- All acquisitions regardless of dollar value
Correct 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.
Question 6: Which FAR clause addresses the Government's right to use, duplicate, and disclose technical data delivered under a contract?
- FAR 52.227-14 Rights in Data—General (Correct answer)
- FAR 52.227-1 Authorization and Consent
- FAR 52.227-2 Notice and Assistance Regarding Patent and Copyright Infringement
- FAR 52.227-11 Patent Rights—Ownership by the Contractor
Correct 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.
Question 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?
- Provide a fair opportunity for all awardees to compete for the order (Correct answer)
- Issue a new synopsis in SAM.gov
- Obtain approval from the Head of the Contracting Activity
- Conduct a price negotiation with each awardee
Correct 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.
FCC Federal Acquisition Regulations & Policies 2
Which FAR part governs the requirements for contractor cost accounting standards (CAS)?