Parts
What is FAR Part 2?
Micro-Purchase Threshold is $2,000.
What is Construction?
Is to be updated weekly by Tuesday close of business?
What is the Tracker?
The seller or consignor is responsible for the cost of shipping and risk of loss.
What is F.O.B. Destination?
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?
Covers records retention and contents of a contract file.
What is Part 4?
Shall be used to the maximum extent practicable in conducting simplified acquisitions.
What is the Purchase Card?
Required for the purchase of equipment (including options) valued at $15,000 or greater.
What is Lease vs. Purchase Analysis?
The alteration, or repair (including dredging, excavating, and painting) of buildings, structures, or other real property.
What is Construction?
Shall be retained 6 years after cancellation.
What are solicitation files?
Covers Simplified Procedures for Certain Commercial Products and Commercial Services.
What is FAR Subpart 13.5?
Contracting Officers are encouraged to use____.
What is Best Value?
Required for the purchase of service at $500,000 or greater, and supply at $1,000,000 or greater.
What is Legal Review?
A written order, signed by the contracting officer, directing the contractor to make a change that the Changes clause authorizes the contracting officer to order without the contractor’s consent.
What is a Change Order?
Passed by Congress in 1982, Congress to require Federal agencies to pay their bills on a timely basis; to pay interest penalties when payments are made late, and to take discounts.
What is Prompt Payment Act?
Covers the acquisition of energy-consuming products listed in the ENERGY STAR® Program or Federal Energy Management Program (FEMP).
What is FAR Part 23.
Intended to promote efficiency and economy in contracting as well as Avoid unnecessary burdens for agencies and contractors.
What is Simplified Acquisition Procedures?
This report contains analysis information about capabilities within the market and requires the Program Representative signature, at SAT or greater.
What is Market Research?
A written demand or written assertion by one of the contracting parties seeking, as a matter of right, the payment of money.
What is a Claim?
Separate percentage goals for using small business (including ANCs and Indian tribes), veteran-owned small business, service-disabled veteran-owned small business, HUBZone small business, small disadvantaged business (including ANCs and Indian tribes) and women-owned small business concerns.
What is Subcontracting Plan?
Subpart covers Ratification of Unauthorized Commitments
What is FAR Part 1.602-3?
A simplified method of filling anticipated repetitive needs for supplies or services by establishing "charge accounts" with qualified sources of supply.
What is Blanket Purchase Agreement?
Allowable when no reasonable expectation of obtaining competitive offers in terms of market price, quality, and delivery from two or more responsible ISBEE, IEEs, or direct negotiation with an IEE that is a certified 8a business.
What is Buy Indian Deviation?
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)?
____________ products are designated "bronze–," "silver–," or "gold–" registered. Agencies shall, at a minimum, acquire ___________ bronze-registered products.
What is EPEAT?