Government Procurement Certification Government Procurement Legal & Regulatory Compliance 2

Question 1

Which statute establishes the primary framework for federal acquisition policy in the United States?

Accepted Answer

Federal Property and Administrative Services Act

Answer

The Federal Property and Administrative Services Act of 1949 is the foundational statute that established the framework for federal property management and acquisition policy.

Question 2

Under FAR 9.4, a contractor may be debarred for a period not to exceed how many years?

Accepted Answer

3 years

Answer

FAR 9.406-4 states that debarment shall not exceed three years, unless the debarment is based on a conviction or civil judgment.

Question 3

What is the primary purpose of the Procurement Integrity Act (PIA)?

Accepted Answer

To prevent improper disclosure of contractor proposal information and source selection data

Answer

The Procurement Integrity Act prohibits disclosing contractor bid or proposal information and source selection information, and restricts post-employment activities of procurement officials.

Question 4

A contracting officer issues a cure notice under FAR 49.607 when a contractor's performance is in danger of default. How many days does the contractor typically have to cure the deficiency?

Accepted Answer

10 days

Answer

FAR 49.607 requires that cure notices give the contractor at least 10 days to cure the conditions endangering performance before a default termination can be issued.

Question 5

Under the Truth in Negotiations Act (TINA), cost or pricing data must be certified as current, accurate, and complete as of what date?

Accepted Answer

Date of price agreement

Answer

TINA requires that cost or pricing data be certified as current, accurate, and complete as of the date of price agreement (also called the handshake date).

Government Procurement Certification Practice Test

Government Procurement Certification Practice Test

Government Procurement Certification Government Procurement Legal & Regulatory Compliance 2