VILLANOVAUNIVERSITY – ESSENTIALS TO GOVERNMENT CONTRACT MANAGEMENT

      WEEK EIGHT(8) – TEST FOUR (4)

1. Question:Contract disputes can mostexpeditiously and inexpensively be settled by quasi-judicial bodies havingadministrative judges who act on behalf of the various governmental agencies.These bodies are called:

A

U. S. Courts of Federal Claims

B

Armed Services Procurement Boards

C

Agency Boards of Contract Appeals

D

General Accounting Officers

2. Question:The contractor, upon receipt of atermination notice, must:

A

Stop work on the terminated portion

B

File an appeal

C

Stop work on the entire contract

D

None of the above

3. Question:In exchange for the additional workdirected by the contracting officer pursuant to the Changes clause, thecontractor is entitled to:

A

An equitable adjustment of the contract price

B

An equitable adjustment of the delivery schedule

C

An equitable adjustment of both the contract price andthe delivery schedule

D

None of the above

4. Question:What may a contract manager overlookwhile focusing on contract compliance issues

A

Costs

B

Interpretation problems

C

Functional requirements

D

Technical performance requirements

5. Question:Contractors must maintain files afteran audit function for ___ years

A

1

B

2

C

3

D

4

6. Question:A strike is an excusable delay evenif the contractor caused the strike by not negotiating in good faith.

A

True

B

False

7. Question:The concept of concurrent savings isparticularly rewarding for the contractor because:

A

It requires the contractor to make only a nominaladditional investment

B

It allows the contractor to be compensated for itemsincorporating the VECP that are being produced by its competitors

C

It allows the contractor torecover compensation for all items incorporating the VECP forever

D

It qualifies the contractor to receive a bonus award foringenuity

8. Question:Utilizing the Changes clause, thecontracting officer can issue an order changing anything in the contractincluding legal terms and conditions.

A

True

B

False

9. Question:A contract by the government must besigned by:

A

The Contracting Officer’s Representative or ContractingOfficer’s Technical Representative

B

The Comptroller General

C

The Chief of Federal Procurement Policy

D

The Contracting Officer

10 Question:Once the delivery schedule has beenwaived, the government cannot terminate the contractor for failure to deliveruntil a new delivery schedule is established.

A

True

B

False

11 Question:Loss of efficiency and delay claimsare never allowed in government contracting

A

True

B

False

12. Question:A changed-site condition change issimilar to a defective specification because the government assumes the riskof all unforeseen problems.

A

True

B

False

13. Question:Any claim over $100,000 has to becertified as provided for in the Disputes Act in order to be considered bythe contracting officer.

A

True

B

False

14. Question:When a contractor is directed by thegovernment to proceed in a manner that is beyond the contract requirements,it should:

A

Put the government on notice that there is a change

B

Refuse to incorporate the change

C

Appeal the contracting officer’s decision

D

Proceed under the Disputes Clause

15. Question:The right of the contractor to seek aconstructive change is found in the FAR.

A

True

B

False

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VILLANOVAUNIVERSITY – ESSENTIALS TO GOVERNMENT CONTRACT MANAGEMENT

      WEEK EIGHT(8) – TEST FOUR (4)

1. Question:Contract disputes can mostexpeditiously and inexpensively be settled by quasi-judicial bodies havingadministrative judges who act on behalf of the various governmental agencies.These bodies are called:

A

U. S. Courts of Federal Claims

B

Armed Services Procurement Boards

C

Agency Boards of Contract Appeals

D

General Accounting Officers

2. Question:The contractor, upon receipt of atermination notice, must:

A

Stop work on the terminated portion

B

File an appeal

C

Stop work on the entire contract

D

None of the above

3. Question:In exchange for the additional workdirected by the contracting officer pursuant to the Changes clause, thecontractor is entitled to:

A

An equitable adjustment of the contract price

B

An equitable adjustment of the delivery schedule

C

An equitable adjustment of both the contract price andthe delivery schedule

D

None of the above

4. Question:What may a contract manager overlookwhile focusing on contract compliance issues

A

Costs

B

Interpretation problems

C

Functional requirements

D

Technical performance requirements

5. Question:Contractors must maintain files afteran audit function for ___ years

A

1

B

2

C

3

D

4

6. Question:A strike is an excusable delay evenif the contractor caused the strike by not negotiating in good faith.

A

True

B

False

7. Question:The concept of concurrent savings isparticularly rewarding for the contractor because:

A

It requires the contractor to make only a nominaladditional investment

B

It allows the contractor to be compensated for itemsincorporating the VECP that are being produced by its competitors

C

It allows the contractor torecover compensation for all items incorporating the VECP forever

D

It qualifies the contractor to receive a bonus award foringenuity

8. Question:Utilizing the Changes clause, thecontracting officer can issue an order changing anything in the contractincluding legal terms and conditions.

A

True

B

False

9. Question:A contract by the government must besigned by:

A

The Contracting Officer’s Representative or ContractingOfficer’s Technical Representative

B

The Comptroller General

C

The Chief of Federal Procurement Policy

D

The Contracting Officer

10 Question:Once the delivery schedule has beenwaived, the government cannot terminate the contractor for failure to deliveruntil a new delivery schedule is established.

A

True

B

False

11 Question:Loss of efficiency and delay claimsare never allowed in government contracting

A

True

B

False

12. Question:A changed-site condition change issimilar to a defective specification because the government assumes the riskof all unforeseen problems.

A

True

B

False

13. Question:Any claim over $100,000 has to becertified as provided for in the Disputes Act in order to be considered bythe contracting officer.

A

True

B

False

14. Question:When a contractor is directed by thegovernment to proceed in a manner that is beyond the contract requirements,it should:

A

Put the government on notice that there is a change

B

Refuse to incorporate the change

C

Appeal the contracting officer’s decision

D

Proceed under the Disputes Clause

15. Question:The right of the contractor to seek aconstructive change is found in the FAR.

A

True

B

False

Leave a Reply

Your email address will not be published. Required fields are marked *