Contract Administration Flashcards
7 cards from real Government Procurement Certification practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Contract Administration flashcards as text
What is the primary function of the Contract Disputes Act of 1978 in government contracting?
Answer: It provides procedures for resolving contractor claims and appeals against the government
The Contract Disputes Act establishes procedures for resolving disputes, including contractor claims, Contracting Officer Final Decisions, and appeals to Boards of Contract Appeals or the Court of Federal Claims.
A contractor submits a claim exceeding $100,000. What additional requirement applies under the Contract Disputes Act?
Answer: The claim must be certified by a contractor official authorized to bind the company
Claims exceeding $100,000 must include a certification by a contractor official attesting to good faith and accuracy of the claim, under penalty of False Claims Act liability.
Which document does the Contracting Officer issue to formally resolve a contractor claim under the Contract Disputes Act?
Answer: Contracting Officer's Final Decision (COFD)
The Contracting Officer's Final Decision (COFD) is the formal written government decision on a contractor claim, triggering the contractor's appeal rights.
How many days does a contractor generally have to appeal a Contracting Officer's Final Decision to a Board of Contract Appeals?
Answer: 90 days
Under the Contract Disputes Act, a contractor has 90 days from receipt of a COFD to file an appeal with the appropriate Board of Contract Appeals.
What is the purpose of a 'Subcontracting Plan' required under FAR Part 19 for certain large business contractors?
Answer: To establish goals for awarding subcontracts to small businesses and disadvantaged businesses
Subcontracting plans establish percentage goals and outreach commitments ensuring large contractors maximize opportunities for small and disadvantaged business subcontractors.
Which type of government property accountability document tracks property in a contractor's possession under a government contract?
Answer: Government Property Management System (GPMS) record
A Government Property Management System (GPMS) record tracks government-furnished or contractor-acquired property, ensuring accountability throughout the contract lifecycle.
What is 'Value Engineering' in the context of contract administration?
Answer: A contractor-proposed change that reduces cost while maintaining essential function, allowing the contractor to share in savings
Value Engineering Change Proposals (VECPs) allow contractors to propose cost-saving alternatives and share a percentage of realized savings with the government.