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CONTRACTING OFFICER WA RRANT BOARD EXAM
NEWEST VERSION 2025 WITH COMPLETE
QUESTIONS AND SOLUTION 100% VERIFIED
ANSWERS A+ GRADED FREE
What is the requirement for obligating funds when awarding indefinite-quantity contracts? - ANSWER-(1) For indefinite- delivery indefinite-quantity (IDIQ) contracts all supplies and services to be furnished shall be obtained via delivery orders(s) or task order(s) issued by individuals designated in the contract.(2) Upon execution of the contract, an obligation shall be recorded based upon the issuance of a delivery or task order for the cost/price of the minimum quantity specified. Obtaining a certification of availability of funding from the finance office does not satisfy the requirement to record an obligation in the official accounting records of the Government for the minimum order amount established by the award of an IDIQ contract. The Government's actual obligation must be recorded at the time of contract award. Recording and subsequently reporting the required obligation using anything other than a delivery or task order will result in the action not being reported in FPDS-NG.the Recording of Obligations Act is implemented in the DoD Financial Management Regulation (FMR) (DoD 7000.14-R - see paragraph 080504 of the FMR). The Defense Finance and 1 / 4
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Accounting Service (DFAS) is responsible for recording contractual obligations.
In regards to the availability and life cycle of funds, explain the meaning of the terms "current", "expired" and "cancelled". For what purposes can each of the three phases of funds be used?How many years does the current status last for construction (3300) funds, procurement (3010) funds, for R&D (3600) funds, and for O&M (3400) funds? - ANSWER-Current - The funds are available for obligation. This stage is primarily for obligating or placing funds on contract for a specific purpose. The "current" phase lasts five years for construction (3300) funds, three years for procurement (3010) funds, two years for R&D (3600) funds, and one year for O&M (3400) funds.Expired - The funds are not available for obligation but may be used for liquidation of previously incurred obligations or certain adjustments to these obligations. They may be used to pay existing, unpaid bills on the contract. Funding in this phase remains available for 5 years from the year the appropriation expires, regardless of the appropriation type. No obligations for new requirements can be incurred against expired funds during this phase.Cancelled - The funds are no longer available and cease to exist for any purpose. Under PL 101-510 any use of cancelled funds is prohibited and results in a violation of the Anti-Deficiency 2 / 4
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Act. This includes incurring any new obligation or payment against a previous obligation. Obligations or adjustments that would otherwise be chargeable to these years must be charged to current funds.
You are the Contracting Officer negotiating a multi-million dollar, non-classified, research effort, on a tight schedule, with a large business as a prime. Near the end of negotiations, the prospective contractor advises you that one of its subcontractors, a university whose unique capabilities render it a major player in the effort, refuses to accept the DFARS clause 252.204-7000, Disclosure of Information. You want to include this clause, which typically goes in solicitations and contracts when the contractor will have access to or generate unclassified information that may be sensitive or inappropriate for release to the public. With the inclusion of this clause the prime and its subs will be prohibited from releasing potentially sensitive information without your permission.The university has advised the prime they feel so strongly that this clause would impair their academic freedom that they will not particip - ANSWER-A. Public Law 98-94 sets forth policies, procedures and responsibilities for withholding of unclassified technical data from public disclosure when it is determined that such disclosure could reveal military critical technologies. 3 / 4
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- In this case the government must have the right to protect
sensitive information from release and will not agree to the deletion of this clause. Nevertheless the CO should confer with the Program Manager, to determine if the effort will contain military critical technologies; with JAG; and with the Foreign Technology Office. While the clause will not be removed, it might be possible to designate certain portions of the effort that the university could release while protecting the remainder.
You are working on a competitive RFP and are nearing completion of Sections L containing information and instructions for offerors, and Section M containing evaluation factors for award. You have just completed a cross-check of Sections L and M to make sure that there is correlation between the contents of the two sections and you are satisfied that there is 100% correlation. Your program manager comes into your office very excited and tells you that he wants to include a request for additional information in Sec L. In talking to him you find that this new information request is not related to any other information requested from the offerors in Sec L. You also know from your work on the RFP that there is no corresponding evaluation criterion in Sec M for this information. You ask him why he wants to include the request in the RFP and he states that this is important information that he absolutely has to obtain for t - ANSWER-It is critical that the information requested in Sec L be held to an absolute minimum and then be requested only to
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