VILLANOVA UNIVERSITY – ESSENTIALS TO GOVERNMENT CONTRACT MANAGEMENT

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:AU. S. Courts of Federal ClaimsBArmed Services Procurement BoardsCAgency Boards of Contract AppealsDGeneral Accounting Officers2. Question:The contractor, upon receipt of atermination notice, must:AStop work on the terminated portionBFile an appealCStop work on the entire contractDNone of the above3. Question:In exchange for the additional workdirected by the contracting officer pursuant to the Changes clause, thecontractor is entitled to:AAn equitable adjustment of the contract priceBAn equitable adjustment of the delivery scheduleCAn equitable adjustment of both the contract price andthe delivery scheduleDNone of the above4. Question:What may a contract manager overlookwhile focusing on contract compliance issuesACostsBInterpretation problemsCFunctional requirementsDTechnical performance requirements5. Question:Contractors must maintain files afteran audit function for ___ yearsA1B2C3D46. Question:A strike is an excusable delay evenif the contractor caused the strike by not negotiating in good faith.ATrueBFalse7. Question:The concept of concurrent savings isparticularly rewarding for the contractor because:AIt requires the contractor to make only a nominaladditional investmentBIt allows the contractor to be compensated for itemsincorporating the VECP that are being produced by its competitorsCIt allows the contractor torecover compensation for all items incorporating the VECP foreverDIt qualifies the contractor to receive a bonus award foringenuity8. Question:Utilizing the Changes clause, thecontracting officer can issue an order changing anything in the contractincluding legal terms and conditions.ATrueBFalse9. Question:A contract by the government must besigned by:AThe Contracting Officer’s Representative or ContractingOfficer’s Technical RepresentativeBThe Comptroller GeneralCThe Chief of Federal Procurement PolicyDThe Contracting Officer10 Question:Once the delivery schedule has beenwaived, the government cannot terminate the contractor for failure to deliveruntil a new delivery schedule is established.ATrueBFalse11 Question:Loss of efficiency and delay claimsare never allowed in government contractingATrueBFalse12. Question:A changed-site condition change issimilar to a defective specification because the government assumes the riskof all unforeseen problems.ATrueBFalse13. Question:Any claim over $100,000 has to becertified as provided for in the Disputes Act in order to be considered bythe contracting officer.ATrueBFalse14. Question:When a contractor is directed by thegovernment to proceed in a manner that is beyond the contract requirements,it should:APut the government on notice that there is a changeBRefuse to incorporate the changeCAppeal the contracting officer’s decisionDProceed under the Disputes Clause15. Question:The right of the contractor to seek aconstructive change is found in the FAR.ATrueBFalse