VILLANOVAUNIVERSITY – ESSENTIALS TO GOVERNMENT CONTRACT MANAGEMENT WEEK EIGHT(8)

VILLANOVAUNIVERSITY – ESSENTIALS TO GOVERNMENT CONTRACT MANAGEMENT WEEK EIGHT(8).

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

VILLANOVAUNIVERSITY – ESSENTIALS TO GOVERNMENT CONTRACT MANAGEMENT WEEK EIGHT(8)

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