There are _ types of source selection approaches under the Best Value Continuum.
What is 2? (FAR 15.101)
100
The transfer or making over by the contractor to a bank, trust company, or other financing institution, as security for a loan to the contractor, of its right to be paid by the Government for contract performance
What is Assignment of Claims?
100
Costs of amusement, diversions, social activities, and any directly associated costs such as tickets to shows or sports events, meals, lodging, rentals, transportation, and gratuities are unallowable.
What are Entertainment Costs?
200
FAR Part 12
What is Acquisition of Commercial Items?
200
If only one response is received, include a statement of _______ ______________ in the contract file.
What is Price Reasonableness? (FAR Subpart 13.106-2)
200
Agencies are encouraged to promote ____ exchanges of information about future acquisitions.
What is Early? (FAR 15.201(c))
200
A response to a solicitation that, if accepted, would bind the offeror to perform the resultant contract.
What is an Offer?
200
Costs incident to major repair and overhaul of rental equipment are unallowable.
What are Construction (and Architect-Engineer Services) Contracts (costs)?
300
FAR Subpart 13.5
What is Simplified Procedures for Certain Commercial Items?
300
Micro-Purchase Threshold for Services Exempt from the Service Contract Act
What is $3,500?
300
_______ ________ may be used to issue RFPs and to receive proposals, modifications, and revisions. In this case, the RFP shall specify the type of method(s) that offerors may use (see Subpart 4.5).
What is Electronic Commerce? (FAR 15.203(c))
300
Construction, alteration, or repair (including dredging, excavating, and painting) of buildings, structures, or other real property.
What is Construction?
300
___ _____, including actual or estimated losses arising from uncollectible accounts receivable due from customers and other claims, and any directly associated costs such as collection costs, and legal costs are unallowable.
What are Bad Debts?
400
Options
What is FAR subpart 17.2?
400
If a purchase order has not been accepted in writing but is no longer required, the CO shall notify the contractor in writing that a purchase order has been cancelled and request the contractor's ________ __________.
What is Written Acceptance? (FAR Subpart 13.302-4(b)
400
Individuals must mark the cover page and each page that the individual believes contains source selection information with the legend “Source Selection Information -- See FAR _____ and _____.”
What is 2.101 and 3.104? (FAR 3.104-4(c))
400
Any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.
What is Indirect Cost?
400
An excess of costs over income under any other contract (including the contractor’s contributed portion under cost-sharing contracts) is unallowable.
What are Losses on Other Contracts?
500
Ratification of Unauthorized Commitments
What is FAR Subpart 1.602-3?
500
FAR 13.303-6(b) BPA - Review Procedures. The CO that entered into the BPA shall -- (1) Ensure that each BPA is ______ at least annually...
What is Reviewed?
500
Agencies shall evaluate all proposals in accordance with 15.305(a), and, if discussions are to be conducted, establish the ________ _______.
What is Competitive Range? (FAR 15.306(c)(1))
500
Property of any kind or interest in it except real property, records of the Federal Government, and naval vessels of the following categories: (1) Battleships; (2) Cruisers; (3) Aircraft carriers; (4) Destroyers; and (5) Submarines.
What is Personal (Property)?
500
Costs incident to major repair and overhaul of rental equipment are unallowable.
What are Construction (and Architect-Engineer) Contracts (costs)?