Government Procurement Contract Management & Negotiation 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 Government Procurement Contract Management & Negotiation flashcards as text
Under FAR 52.222-54, what is an employer's obligation regarding E-Verify in federal contracts?
Answer: To enroll in and use E-Verify to confirm employment eligibility of all new hires and all existing employees assigned to the contract
FAR 52.222-54 requires federal contractors to use E-Verify to confirm employment eligibility for all new hires and all employees (existing and new) who perform work under the contract.
What is the primary function of the Defense Contract Audit Agency (DCAA)?
Answer: To perform contract audits and provide financial advisory services for DoD and other federal agencies
DCAA performs contract audits—examining contractor accounting systems, cost proposals, and incurred costs—and provides financial advisory services to assist contracting officers.
Under the Prompt Payment Act, when must the government pay a contractor's invoice to avoid interest penalties?
Answer: Within 30 days of receipt of a proper invoice or acceptance of goods/services, whichever is later
The Prompt Payment Act (31 U.S.C. § 3903) requires payment within 30 days of receipt of a proper invoice or acceptance of goods and services, whichever is later, or interest penalties accrue.
What is 'value engineering' (VE) in the context of government contracting?
Answer: A systematic process where a contractor proposes changes to reduce cost while maintaining required performance
Value Engineering (FAR Part 48) encourages contractors to propose changes that reduce cost or improve performance, sharing the resulting savings between the contractor and the government.
During contract negotiations, what does 'best and final offer' (BAFO) — now called 'Final Proposal Revision' (FPR) under FAR — represent?
Answer: The offeror's revised and final proposal submitted after discussions, upon which award may be based
Final Proposal Revisions (FAR 15.307) are the offerors' final revised proposals submitted after government-conducted discussions, and award is made based on these final submissions.
Which of the following contract performance problems would trigger a 'show cause' notice rather than a 'cure notice'?
Answer: A contractor has failed to deliver by the required delivery date
A show cause notice is issued after a contractor has already failed to deliver (a delivery default has occurred), asking the contractor to show why the contract should not be terminated for default.
Under FAR 31.205, which cost is specifically classified as UNALLOWABLE for government cost-reimbursement contracts?
Answer: Entertainment costs such as tickets to sporting events
FAR 31.205-14 expressly identifies entertainment costs—including tickets to theatrical or sporting events—as unallowable and not reimbursable under government cost-type contracts.