Contract Administration Flashcards
7 cards from real Government Procurement Certification practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Contract Administration flashcards as text
Under FAR 4.804, what is the maximum time allowed to close out a contract after physical completion for a simplified acquisition?
Answer: 20 working days
FAR 4.804-1 requires simplified acquisitions to be closed out within 20 working days after physical completion, while other contract types have longer timeframes.
What is an 'Indefinite Delivery Indefinite Quantity (IDIQ)' contract's minimum quantity provision designed to do?
Answer: Guarantee the contractor at least a minimum business volume, making the contract legally binding and enforceable
The guaranteed minimum quantity provides consideration making the IDIQ contract legally enforceable; without it, the government would have no binding obligation to the contractor.
Which performance metric is used in Cost-Plus-Incentive-Fee (CPIF) contracts to determine the final fee paid to the contractor?
Answer: A formula comparing target cost to actual cost, with the contractor sharing in savings or overruns
CPIF contracts use a share ratio formula: if actual cost is less than target cost, the contractor earns additional fee; if actual cost exceeds target, fee is reduced, incentivizing cost control.
What does 'constructive change' mean in government contract administration?
Answer: Government action or inaction that effectively directs additional work beyond contract scope, entitling the contractor to an equitable adjustment even without a formal written change order
A constructive change occurs when the government's conduct (e.g., defective specifications, overly strict inspection) effectively changes the contract, giving the contractor the right to seek an equitable adjustment.
Under the Service Contract Labor Standards (formerly McNamara-O'Hara Service Contract Act), what must contracting officers include in solicitations for covered service contracts?
Answer: Wage determinations specifying minimum wages and fringe benefits for service employees
The Service Contract Labor Standards require contracting officers to incorporate Department of Labor wage determinations in covered solicitations, ensuring service workers receive prevailing wages and fringe benefits.
What is the primary purpose of a 'Past Performance Information Retrieval System (PPIRS)' or Contractor Performance Assessment Reporting System (CPARS) entry?
Answer: To record objective assessments of contractor performance used in future source selections
CPARS entries document timely, objective evaluations of contractor performance that become part of the official record used by other agencies during source selections to assess past performance.
When a contractor disagrees with a performance evaluation in CPARS, what recourse is available?
Answer: The contractor may submit a written rebuttal comment that is permanently attached to and displayed alongside the government's rating
FAR 42.1503 gives contractors the right to comment, rebut, or provide additional information on their CPARS evaluations, with those comments permanently appended to the government's rating.