ACQUISITION 101
ACRONYMS
FAR Clauses/Section (Where AM I)
POLICIES & PROCEDURES
HODGE PODGE
100

Three things a CO must verify before exercising an option

1. What are make sure the requirement is still valid; 

2. The requirement is funded; 

3. The option price is considered fair and reasonable?

100

HCA

What is Head of the Contracting Activity?

100

(1) Ensure sufficient funds are available of Obligation; (2) Ensure Contractors receive fair and equitable treatment; (3) Request and consider advice of specialist in audit, law, engineering, information security, transportation, and other fields, as appropriate.

What is FAR Part 1.602-2? (Contracting Officers Responsibilities)

100

In accordance with GSA Class Deviation 2018-01, the micro-purchase and simplified acquisition thresholds

What is $10,000 - Micro-purchase; 

$250,000 - SAT

100

Name the AASD management Team to include the Division director, deputy director, branch chiefs and sections chief

Director: Kelley Holcombe; 

Deputy Director: Teresa Carrington; 

Branch Chiefs: Wayne Masters; Kelly Clark; Garett Nelson

Section Chiefs: Markesha McCants; Frankie McSweeney; Patti Avery- Bangert; Joyce Mayberry; Ray Barben; Tony Roy; Fred Tingle, Jennifer Crouse-Gibson and Dan Jenkins

200

The three responsibilities of a Contracting Officer

What are

(1) Ensure sufficient funds are available of Obligation;

(2) Ensure Contractors receive fair and equitable treatment;

(3) Request and consider advice of specialist in audit, law, engineering, information security, transportation, and other fields, as appropriate?

200

VAO

What is Virtual Acquisition Office?

200

The government can continue performance of any services, but only within the limits and at the rates specified in the contract/order

What is FAR 52.217-8? (Option to Extend Services)

200

The current DoD threshold for requiring certified cost and pricing data

What is $2 Million?

200

The deadline in FY19 to submit documents for consideration into Acquisition Library is on or before

What is Monday, July 1, 2019?

300

Under FAR 8.405 procedures, this must be posted when limiting sources under one of the 3 authorities in FAR 8.405-6 and for how long must the posting be made

What is The Limited Sources Justification must be posted on the FBO site for 30 days within 14 days following award of an order or BPA using one of the 3 authorities at 8.405-6?

300

EVMS

What is Earned Value Management System?

300

Areas covered by the changes in general scope allowed by the "Changes Clause" for services includes:

 (1) Description of services to be performed.

(2) Time of performance (i.e., hours of the day, days of the week, etc.).

(3) Place of performance of the services.

(4) Drawings, designs, or specifications when the supplies to be furnished are to be specially manufactured for the Government, in accordance with the drawings, designs, or specifications.

(5) Method of shipment or packing of supplies.

(6) Place of delivery.

What is FAR 52.243-1? (Changes-Fixed-Price)

300

A contract clause is required either by a mandatory statute, regulation or executive order, then the required clause is automatically incorporated by operation of law into an existing contract, even if left out

What is the Christian Doctrine?

300

Alan Thomas’ Mantra

What is Honesty, Courage, Graciousness and Respect?

400

Four exceptions to requiring certified cost and pricing data

What is

1) Adequate Price Competition, 

2) Prices set by law or regulation, 

3) Commercial items and 

4) Waivers?

400

NAICS

What is North American Industry Classification System?

400

A method of contracting that employs competitive bids, public opening of bids, and awards

What is FAR Part 14? (Sealed Bidding)

400

Set-aside category can receive a Sole Source contract up to $22 million without the requesting agency completing a written justification accordance with the requirements of 6.303

What is Alaskan Native Corporation (ANC), certified 8(a)?

400

May take place for R4 FAS in FY2020 (hint: last one was done in FY17)

What is a Procurement Management Review (PMR)?

500

Seven (7) exceptions to full and open competition in FAR Part 6

What are 

(1) only one responsible source, 

(2) Unusual and compelling urgency, 

(3) industrial mobilization, 

(4) international agreement, 

(5) authorized or required by statue, 

(6) national security, and 

(7) public interest?

500

INFORM

What is IN-depth Feedback through Open Reporting Methods?

500

As a rule, no Government employee may solicit or accept, directly or indirectly, any gratuity, gift, favor, entertainment, loan, or anything of monetary value from anyone who (a) has or is seeking to obtain Government business with the employee’s agency, (b) conducts activities that are regulated by the employee’s agency, or (c) has interests that may be substantially affected by the performance or nonperformance of the employee’s official duties. Certain limited exceptions are authorized in agency regulations.

What is FAR Part 3? (Improper Business Practices and Personal Conflicts of Interest)

500

A timely protest on an acquisition is received after award is made and assuming the funds are one-year expiring funds, name the rule affecting funds in this case

What is the '100 day rule'?

500

Agencies are encouraged to promote early exchanges of information about future acquisitions. Provide at least five (5) techniques Contracting Officers can use to promote early exchanges of information with industry partners

What are 

(1) industry conferences, 

(2) small business conferences, 

(3) industry day, 

(4) DRAFT RFPs, 

(5) RFIs, 

(6) Site Visits, 

(7) one-on-one meetings, 

(8) public hearings, 

(9) pre-solicitation notices, 

(10) market research?