GSA Specialist Compliance & Documentation 3

Question 1

Which FAR clause requires contractors to maintain an adequate accounting system before award of a cost-reimbursement contract?

Accepted Answer

FAR 52.216-7

Answer

FAR 52.216-7 (Allowable Cost and Payment) requires that a contractor have an approved accounting system to bill on cost-reimbursable contracts.

Question 2

A GSA specialist discovers a potential organizational conflict of interest (OCI) after contract award. The first required action is to:

Accepted Answer

Notify the Contracting Officer in writing with full details

Answer

Immediate written notification to the Contracting Officer is required so the CO can assess the conflict and determine appropriate remedies.

Question 3

What does the acronym 'CCR' stand for in historical GSA procurement documentation, and what replaced it?

Accepted Answer

Central Contractor Registry; replaced by SAM.gov

Answer

The Central Contractor Registry (CCR) was the legacy registration system for federal contractors; it was consolidated into SAM.gov in 2012.

Question 4

Under GSA leasing regulations, a succeeding lease that exceeds the simplified lease acquisition threshold requires a formal:

Accepted Answer

Full and open competition with SFO issuance

Answer

Leases exceeding the simplified threshold require a Solicitation for Offers (SFO) under full and open competition unless a valid exception applies.

Question 5

Which clause must be included in contracts over $150,000 to address contractor compliance with the Service Contract Labor Standards?

Accepted Answer

FAR 52.222-41

Answer

FAR 52.222-41 (Service Contract Labor Standards) implements the McNamara-O'Hara Service Contract Act and is required in service contracts over $2,500 where employees may be service employees.

(GSA) Certified General Services Administration Specialist Practice Test

(GSA) Certified General Services Administration Specialist Practice Test

GSA Specialist Compliance & Documentation 3