Financing and Disputes
Performance-based payments shall be used only:
When the contracting officer and the offeror are able to agree on the performance-based terms, the contract is a fixed-type contract, and the contract does not provide for progress payments.
Does a $75,000 claim resulting from a reduction of $350,000 and an increase of $275,000 require certification?
Yes, because the aggregate value of the claim exceeds $100,000.
Supplemental agreements are used to
definitize letter contracts.
customary progress payments percentages for Large and Small businesses
Customary progress payment rate is 80 percent 85 percent for small business concerns).
Protests may be filed with
the agency, the GAO, or the U.S. Court of Claims.
"Effective date" means the following
For a solicitation amendment, change order, or administrative change, it is the issue date.
What is the alternate dispute resolution (ADR)?
Procedures voluntarily used to resolve issues in controversy.
Who can authorize continued performance in the face of a protest after award?
the head of the contracting activity
Change orders issued under the "Changes" clause of the contract shall use which form?
SF30
The government's policy is to try to resolve all contractual issues in controversy by:
mutual agreement at the contracting officer's level.
The contracting officer shall consider all protests and seek legal advice
whether protests are submitted before or after award and whether filed directly with the Government Accountability Office, the U.S. Court of Claims, or the agency.
Unilateral modifications are NOT used to do which of the following?
Reflect other agreements of the parties modifine the contract terms
After receiving the GAO's written notice that a protest has been filed, an agency must give notice:
of the protest to the contractor or all parties who appear to have a reasonable prospect of receiving award.
A protest based upon improprieties in a solicitation must be filed before bid opening or the closing date for receipt of proposals. In all other cases, protests must be filed
within 10 calendar days of the time the protester knew or should have
What is a bilateral mod and unilateral mod?
Bilateral means signed by both parties. Unilateral means signed by only the contracting officer.