Who does DCMA report to?
Under Secretary of Defense for Acquisition and Sustainment
What is the difference between DCMA and DCAA?
After award, continuing through contract closeout, the DCMA closely monitors the contractor for compliance with all contract terms. By contrast, the Defense Contract Audit Agency, or DCAA, has the primary responsibility for monitoring and auditing the accounting systems of contractors in doing their work for the DoD.
How does DCMA work?
DCMA makes sure DoD, other federal agencies, and partner nation customers get the equipment they need, delivered on time, at projected cost, and meeting all performance requirements. Every business day, DCMA receives nearly 1,000 new contracts and authorizes more than $700 million in payments to contractors.
What is a government PCO?
Procuring Contracting Officer (PCO) | Defense Security Cooperation Agency. Definition. The individual authorized to enter into contracts for supplies and services on behalf of the government by detailed bids or negotiations and who is responsible for overall procurement under such contracts.
What does ACO mean in government contracting?
Administrative Contracting Officer
How much does a contracting officer make?
The average salary for a contracting officer is $77,256 per year in the United States.
What is lowest price technically acceptable?
15.101-2 Lowest price technically acceptable source selection process. (a) The lowest price technically acceptable source selection process is appropriate when best value is expected to result from selection of the technically acceptable proposal with the lowest evaluated price.
Who is the administrative contracting officer?
Administrative Contracting Officer (ACO) | Defense Security Cooperation Agency. The U.S. government contracting officer who is assigned the responsibility for the administration of U.S. government contracts.
What is the source of the COR’s authority?
What is the source of the COR’s authority? The contractor gives a federal employee tickets to a local production of a Broadway play.
Which DoD agencies perform critical contract administration functions in System contracting?
- Contract Law.
- United States Department of Defense.
- contracting officer.
- Defense Contract Audit Agency.
Which of the following describes an indefinite quantity contract?
An indefinite-quantity contract provides for an indefinite quantity, within stated limits, of supplies or services during a fixed period. The Government places orders for individual requirements. Quantity limits may be stated as number of units or as dollar values.
What is one characteristic of a cost reimbursement contract?
A cost-reimbursement contract is a contract where a contractor is paid for all of its allowed expenses to a set limit, plus additional payment to allow for a profit. Cost- reimbursement contracts contrast with a fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred expenses.
What is GSA MAS contract?
GSA Schedule (also referred to as Multiple Award Schedule (MAS) and Federal Supply Schedule ) is a long-term governmentwide contract with commercial firms providing federal, state, and local government buyers access to more than 11 million commercial supplies (products) and services at volume discount pricing.
What are the three types of indefinite delivery contracts?
(a) There are three types of indefinite-delivery contracts: definite-quantity contracts, requirements contracts, and indefinite-quantity contracts.
What is delivery contract?
A delivery contract, or delivery order contract, is an agreement that provides for delivery orders of property. It usually doesn’t specify an exact quantity, outside of a minimum or maximum amount. These types of agreements can be used for varying purposes.
What is a DOD IDIQ contract?
In U.S. Federal government contracting, IDIQ is an abbreviation of the term indefinite delivery/indefinite quantity. This is a type of contract that provides for an indefinite quantity of supplies or services during a fixed period of time.
What are the benefits of an IDIQ contract?
IDIQ Contract Advantages
- Reliable Staffing and Services.
- Scales Well For Difficult To Estimate Projects.
- Streamlines Multiple Small, Similar Projects.
How does IDIQ contract work?
An IDIQ contract provides for an indefinite quantity of a product or service, with stated limits, during a fixed period. This type of contract requires the government to order (and the contractor to furnish) at least a stated minimum quantity of supplies or services.
What is a master Idiq?
IDIQ stands for “Indefinite Delivery, Indefinite Quantity,” a contract type that allows an agency to purchase an undefined quantity/delivery over a set period of time. Furthermore, these contracts are “master” contracts through which individual task/delivery orders are placed.
What is the difference between a BPA and an IDIQ?
A BPA is an agreement, not a contract; each Call must be funded. On the other hand, an IDIQ is a type of contract in which the exact date of delivery or the exact quantity or a combination of both, is not specified at the time the contract is executed.
Are GSA schedules Idiq?
GSA Schedules are one type of an IDIQ contract and they are the only IDIQ contracts that are always open for bid.
What is a BPA contract?
Blanket Purchase Agreements. A GSA Schedule BPA is an agreement established by a government buyer with a Schedule contractor to fill repetitive needs for supplies or services (FAR 8.405-3).
Is a BPA a contract?
Summary: A BPA (whether a Part 13 BPA or a SubPart 8.4 BPA) is not a contract because it neither obligates funds not requires placement of any orders against it. However, circumstances may transform a BPA into a binding obligation, that is, an enforceable contract.
What is a BPA call limit?
What is the maximum period of performance for a BPA Call? The period of performance for a BPA Call cannot be longer than one year.
Is a BPA call a contract?
A BPA is an agreement (NOT a contract) between the Government and a contractor that sets the stage for the Government to buy items quickly. All the conditions of sale are negotiated when the BPA is initially established, but contract formation does not occur until each individual call or order is placed.