A contracting officer issues an admin mod to change the paying office on a contract. This mod will be executed:
What is unilaterally?
A contractor is falling behind on a contract, and is failing to meet requirements. The government sends a notice to the contractor giving them 10 days to correct the issues before the government decides to terminate the contract for default. The name of this notice is:
What is a cure notice?
The government accepts a delivery for equipment after inspection. Months later, a flaw is discovered that could not have been reasonably found at inspection. This is known as:
What is a latent defect?
Once the contractor has delivered supplies and the government has inspected and accepted them, a contract is considered what?
What is physically complete?
This establishes estimated indirect rates for future pricing actions and is a phase of the indirect rate cycle
What is Forward Pricing Rate Agreement?
What is the difference between a contract modification and a solicitation provision?
Solicitation Provisions only apply to pre-award; Contract Clauses apply to both solicit. & contract
A contractor fails to meet a delivery date due to staffing shortages. The KO issues a notice to correct the issue, but the contractor fails to improve. This type of termination is:
What is termination for default?
After accepting supplies and services, the government has this many days to pay an invoice
What is 30 days?
The government awards a contract for laptops. The government relies on this system to accept the supplies and services.
What is the contractor's quality assurance system?
A contractor files a protest with the GAO for a solicitation they claim to have unfair requirements. This is done after the solicitation is issued but before proposals are due. How long does the contractor have to submit this protest?
What is 10 days?
A contractor requests an equitable adjustment on a contract, due to an increase in costs from a within scope change. This contract clause will be used by the government to execute this change (name the exact clause)
What is FAR 52.243-1?
The government awards a contract for training services, but cancel before the contractor begins work or any costs are incurred. The contractor and government agree to end it without any payment. This situation is called:
What is a no-cost settlement?
After how many days are products assumed accepted by the government?
What is 60 days?
This contract type takes up to 36 months to close out due to the need to settle final indirect cost rates
What is a cost-reimbursement contract?
List the claim venues in order:
1. KO Level
2. Agency Board of Contractor Appeals
3. US Court of Federal Claims