FAR FUN
A substantial and complex set of rules governing the Federal government's purchasing process.
What is the FAR - Federal Acquisition Regulations.
This means a solicitation for a contract to satisfy two or more requirements of the Federal agency for supplies or services previously provided under separate contracts OR requirements of the Federal agency for construction projects to be performed at two or more discrete sites
What is Consolidation or Consolidated Requirement
The only individual with authority to enter into, administer, or terminate contracts and make related determinations and findings.
Who is a Contracting Officer?
This information is gathered by the requestor to use as a basis for developing the requirements documents and to help identify potential sources.
What is Market Research?
This is the unilateral right in a contract by which, for a specified time, the Government may elect to purchase additional supplies or services called for by the contract, or may elect to extend the term of the contract.
What is an Option?
A material failure of a proposal to meet a Government requirement or a combination of significant weaknesses in a proposal that increases the risk of unsuccessful contract performance to an unacceptable level.
What is Deficiency?
Market Research
What is FAR Part 10?
_________ consists of all participants in Government acquisition including not only representatives of the technical, supply, and procurement communities but also the customers they serve, and the contractors who provide the products and services
What is the Acquisition Team?
The document prepared for the purposes of reviewing and making recommendations for all acquisitions (including orders placed against Federal Supply Schedule contracts) over the micro-purchase threshold (see FAR 19.502-2(a)), except those under the simplified acquisition threshold that are totally set aside for small business concerns in accordance with FAR 19.502-2.
What is the DD Form 2579?
Insert a clause substantially the same as the clause at _______, in solicitations and contracts for services when the inclusion of an option is appropriate.
What is 52.217-8, Option to Extend Services?
This type of threshold is set at $2,000,000.00
What is Certified Cost or Pricing data?
Acquisition of Utility Services
What is FAR Part 41?
This document records and establishes the Government’s initial negotiation position. It assists in the contracting officer’s determination of fair and reasonable price based on the results of the contracting officer’s analysis of the offeror’s proposal, information including field pricing assistance, audit reports and technical analysis, fact-finding results, independent Government cost estimates and price histories.
What is the Pre-negotiation Objective?
This document is prepared for production or services when the total cost of all contracts for the acquisition program is estimated at $50 million or more for all years or $25 million or more for any fiscal year.
What is the Acquisition Plan?
This is type of procedure is where a federal agency needing supplies or services obtains them from another federal agency.
What is an Interagency Acquisition?
A written demand or written assertion by one of the contracting parties seeking, as a matter of right, the payment of money in a sum certain, the adjustment or interpretation of contract terms, or other relief arising under or relating to the contract.
What is a Claim?
Small Business Programs
What is FAR Part 19?
This is issued by the Small Business Administration (SBA) stating that the holder is responsible for the purpose of receiving and performing a specific Government contract.
What is a Certificate of Competency (COC)
An act that established a program that authorizes the Small Business Administration (SBA) to enter into all types of contracts with other agencies and award subcontracts for performing those contracts to firms eligible for program participation.
What is Section 8(a) of the Small Business Act?
The system established for the codification and publication of uniform policies and procedures for acquisition by all executive agencies.
What is the Federal Acquisition System?
As a matter of policy, a function that is so intimately related to the public interest as to mandate performance by Government employees.
What is an Inherently Governmental Function?
Publicizing Contract Actions
What is FAR Part 5?
This individual has approval authority for Justifications and Approvals at >$750K to ≤$15M.
Who is the Command Advocate for Competition/Alternate Advocate for Competition?
This means an issuance or use of a policy, procedure, solicitation provision, contract clause method, or practice of conducting acquisition actions of any kind at any stage of the acquisition process that is inconsistent with the FAR.
What is a Deviation?