Federal Acquisition Regulations Flashcards

Under FAR Subpart 19.5, a ship security services contract set aside for small businesses requires that the awardee perform at least what percentage of the work with its own employees?

Answer: 50%

FAR 52.219-14 (Limitations on Subcontracting) requires small business awardees of service contracts to perform at least 50% of the cost of contract performance with their own employees.

A Ship Security Officer's employer receives a termination for convenience notice under FAR 52.249-2. The contractor's primary remedy is to submit:

Answer: A termination settlement proposal for allowable costs plus profit on work performed

When a contract is terminated for convenience, the contractor is entitled to submit a termination settlement proposal covering allowable costs incurred plus a reasonable profit on completed work.

Under FAR 25.101, a Buy American clause in a vessel security equipment contract generally requires that end products be manufactured in the U.S. with what minimum percentage of domestic component costs?

Answer: 55%

Following 2022 regulatory updates, the Buy American Act threshold for domestic content in end products increased to 55%, with planned future increases, under FAR Part 25.

FAR 52.222-50 addresses combating trafficking in persons. For a Ship Security Officer's employer performing an overseas security contract, this clause requires:

Answer: A compliance plan and prohibition on practices that facilitate human trafficking

FAR 52.222-50 requires contractors on overseas contracts over $500,000 to maintain a compliance plan prohibiting trafficking-related activities such as fraudulent recruitment or charging recruitment fees.

When evaluating price reasonableness for a vessel security contract under FAR 15.404-1, which technique compares the offered price against prices previously paid by the government for the same or similar services?

Answer: Price comparison using historical data

Comparing the offered price to prior government purchases of the same or similar items/services (price comparison using historical data) is a recognized technique under FAR 15.404-1 for determining price reasonableness.

Under FAR Subpart 42.15, a contractor's past performance on previous vessel security contracts is evaluated using which government-wide reporting system?

Answer: Contractor Performance Assessment Reporting System (CPARS)

CPARS (Contractor Performance Assessment Reporting System) is the mandatory system for recording and retrieving contractor past performance information as required by FAR Subpart 42.15.

A contracting officer includes FAR 52.217-8 in a vessel security contract. This clause gives the government the right to:

Answer: Extend services for up to 6 months beyond the contract period of performance

FAR 52.217-8 (Option to Extend Services) allows the government to extend the contract for a period up to 6 months at the same rates when it needs additional time to compete or award a follow-on contract.