VILLANOVA UNIVERSITY – ESSENTIALS TO GOVERNMENT CONTRACT MANAGEMENT

Jul 20th, 2013
Sigchi4life
Category:
Business & Finance
Price: $10 USD

Question description

VILLANOVA UNIVERSITY – ESSENTIALS TO GOVERNMENT CONTRACT MANAGEMENT

                                               Week Eight (8) -Test Four(4).doc WEEK EIGHT (8) – TEST FOUR (4)

1. Question:Contract disputes can most expeditiously and inexpensively be settled by quasi-judicial bodies having administrative 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 a termination 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 work directed by the contracting officer pursuant to the Changes clause, the contractor 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 and the delivery schedule

D

None of the above

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

A

Costs

B

Interpretation problems

C

Functional requirements

D

Technical performance requirements

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

A

1

B

2

C

3

D

4

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

A

True

B

False

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

A

It requires the contractor to make only a nominal additional investment

B

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

C

It allows the contractor to recover compensation for all items incorporating the VECP forever

D

It qualifies the contractor to receive a bonus award for ingenuity

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

A

True

B

False

9. Question:A contract by the government must be signed by:

A

The Contracting Officer's Representative or Contracting Officer'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 been waived, the government cannot terminate the contractor for failure to deliver until a new delivery schedule is established.

A

True

B

False

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

A

True

B

False

12. Question:A changed-site condition change is similar to a defective specification because the government assumes the risk of all unforeseen problems.

A

True

B

False

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

A

True

B

False

14. Question:When a contractor is directed by the government 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 a constructive change is found in the FAR.

A

True

B

False


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: Cornell University
PREMIUM TUTOR

Studypool has helped 1,244,100 students

8 Reviews


Summary
Quality
Communication
On Time
Value
darnay
Dec 6th, 2016
" The best tutor out there!!!! "
dontuwannaknow
Nov 27th, 2016
" Excellent work as always thanks so much "
SjSurvivor143
Nov 14th, 2016
" Thanks for the help. "
ddg82
Nov 5th, 2016
" Thanks, good work "
tinytim47
Oct 22nd, 2016
" Wow this is really good.... didn't expect it. Sweet!!!! "
jestin7
Oct 13th, 2016
" This tutor is great! "
mixedballz
Oct 9th, 2016
" excellent work as always thanks for the help "
lilmoe415
Sep 30th, 2016
" Thank you, Thank you, for top quality work, this is your guy!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1823 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors