Shared Flashcard Set

Details

FAR Part 42 - General
N/A
11
Law
Post-Graduate
06/07/2011

Additional Law Flashcards

 


 

Cards

Term
1. Shall avoid dpulicate services.
2. Subject to fiscal regulations
3. Shall reimburse the servicing agency for rendered services in accordance with the Deonomcy Act.
4. Encouraged that policies be created to resolve any issue that arises.
Definition
FAR 42.002 - Interagency Agreements
Term
The auditor is responsible for
1. submitting information and advice as to the acceptability fo the contract9or's incured and esimtaed costs
2. review the cost control system
3. and other analysis of the financial and accounting systems as needed with regard to proposed and incurred costs.
Definition
FAR 42.1 - Contract Audit Services
Term
Policies and procedures for assigning, retaining or reassigning contract administration responsibility; withholding normal functions or delegating addtional functions when assigning contracts for administration, requesting, and and performing support contract admin.
Definition
FAR 42.2 - Contract Administration Services (Prescription)
Term
A contracting administration office (CAO) or contracting office retaining contract admin may request supporting contract admin from the CAO cognizant of the contractor location where performance of a specific contract administration function is required.
Definition
FAR Part 42.202 Assignment of Contract Administration (e) and (f)
Term
KO must retain for administration any contract not requiring the performance of contract administration functions at or near contractor facilities.
Definition
FAR 42.201 - Contract Administration responsibilities
Term
1. Will perform the functions listed in FAR 42.302(a) contract administration functions.
2. May also perform the functions in FAR 42.302(b)only to the extent specifically authorized.
3. Contract admin functions not listed in FAR 42.302 or otherwise elegated will remain with the contracting office.
Definition
FAR 42.3 - Contract Administration Office (CAO) Functions
Term
Designed to achieve a clear and mutual understanding of all contract requirements and to identify/resolve potential problems. (Not meant to substitute for contractor's full understanding of work requirements or to alter the final agreement.
Definition
FAR 42.5 - Post-Award Orientation
Term
1. Nature and extent of Pre-award survey and other discussions.
2. Complexity and acquistion history of product/service
3. Requirements for spare parts and related equipment
4. Urgency of delivery schedle and relationship fo the product or service to critical programs
5. Length of planned production cycle
6. Extent of subcontracting
7. Contractors performance history
8. Contractors status (Small Business Concerns Etc)
9. Contractor's performance history w/ small businesses concerns
10. safety
11. complexity of financial arrangements.
Definition
Post-Award Orientation Considerations
Term
Contractors with more than one operating location often have coporate wide policies and procedures requiring government review and approval provided by this position.
Definition
FAR 42.6 - Corporate Administrative Contracting Officer (CACO)
Term
Position should be based on
1. the benefits of coordination and liaison at the corporate level
2. volume of government sales
3. degree of control and coprorate office exercises over government sales.
4. Degree of control the corporate office exercises over government sales divisions
5. impact of corporate policies and procedures on those divisions
Definition
Corporate Administrative Contracting Officer (CACO) Determination
Term
1. Determine final indirect cost rates for cost reimbursement contracts.
2. Establish advance agreements on corporate/hom office expense allocations
3. Administration of CAS applicble to the corporate level.
Definition
Corporate Administrative Contracting Officer (CACO) Responsibilities
Supporting users have an ad free experience!