Monies are withheld or deducted for contract noncompliance, DEFINE THE ROLE AND AUTHORITY OF CORS REGARDING PAST PERFORMANCE:Only negative past performance data should be documented by the COR. . 6. . Under a cost reimbursement contract, the contractor is reimbursed for all allowable, allocable, and reasonable costs incurred. If the contractor does contribute to a health plan, these contributions may vary per employee based on that employees family and employment status. The government may also withhold from payments due under the contract a sufficient amount of funds to cover the costs of providing compensation due to service employees because of underpayment by the contractor. IDENTIFY MARKET RESEARCH ACTIONS OF THE COR:The Competition in Contracting Act requires that _________: . true, IDENTIFY THE CONTRACTING EXPENDITURES, FUNDING ISSUES, OVERRUNS, REQUESTS FOR TRAVEL AND OVERTIME THAT WILL BE DISCUSSED WITH THE CONTRACTING OFFICER:The Contracting Officer'S Representative has authority to approve overtime requests from the contractor. Was an ethics law or regulation violated? . . true. Select the one statement about the policy on providing contractors government property that is FALSE. true, IDENTIFY THE COMMON CAUSES OF CONSTRUCTIVE CHANGE:Common causes of a constructive change include: . Recognizing that Labor's decision could seriously affect the maintenance and repair of the government's inventory of computers, a congressional committee asked GAO to review Labor's decision to apply the Service Contract Act to ADP and telecommunications products. Steps in the Labor Category Mapping Process, 9. Explain why a large restaurant chain (e.g. 6501 et seq. DESCRIBE A CORS RESPONSIBILITIES IN INSPECTING AND ACCEPTING SUPPLIES AND SERVICES:The inspection clause for ____________contracts allows for the contractor to charge the cost of rework to the government: . Here is how you would embark on the mapping process: In determining how to price your contract, the following considerations should be made: Failure to comply with the requirement of the Service Contracts Act could result in terminating the service contract and payment of the costs associated with the termination to the federal government. . Molasses Act, (1733), in American colonial history, a British law that imposed a tax on molasses, sugar, and rum imported from non-British foreign colonies into the North American colonies. DATE OF ASSENT: 31st December, 2003. Share it with your network! . The Service Contract Act was enacted to protect economies in the geographical areas where the contract is performed. Was this document helpful? Subpart 22.3 - Contract Work Hours and Safety Standards Act 22.300 Scope of subpart. . . Extended Warranties and Service Contracts. IDENTIFY MAJOR REQUIREMENTS FOR TIMELY INVOICE REVIEW AND PAYMENTS: DETERMINE STEPS TO VERIFY THE ACCURACY AND VALIDITY OF THE CONTRACTOR'S INTERIM INVOICES UNDER COST/T&M/LH CONTRACTS:Under a cost-reimbursement, time and materials, or labor hour contract, which one of the following statements is FALSE: . IDENTIFY HOW A COR REPORTS SUSPECTED INCIDENTS OF FRAUD, WASTE AND ABUSE AND UNETHICAL CONDUCT:What guidelines should Contracting Officer's Representatives following to ensure they are following ethical standards? The extended warranty or service contract costs . . Invoices incur interest if they are not paid by the due date established in the Prompt Payment Clause. On Modul 5 question 2 :The cor is responsible for communications with the _____ . Soon after the Labor notification that maintenance and repair specifications of all contracts for equipment were subject to the Service Contract Act, several major automatic data processing (ADP) manufacturers announced their refusal to bid on or enter into any government contract subject to coverage by the act. The statutory provisions creating the Contract Work Hours and Safety Standards Act ("CWHSSA"), the federal contractor overtime law governing blue-collar service and construction work, specifically provided for an exemption from coverage for "contract work performed in a work place within a foreign country or certain other areas." Travel costs for specific travel identified in the contract, using Joint Travel Regulation rates. It would be wise to seek the advice of a lawyer to guide you through that process. One provision of the final regulation, 48 CFR 12.504 (a) (10), provided that the requirements of the McNamara-O'Hara Service Contract Act (SCA) are not applicable to subcontracts at any tier for the acquisition of commercial items or services. This act provides that contracts in excess of $2,000 to which the US is a party for construction, alteration, or repair of public buildings within the US shall contain a clause that no laborer shall receive less than the prevailing wage rates as determined by the Secretary of Labor. How does this relate a customer's perceived value? The Senate has passed a roughly $2 trillion coronavirus response bill intended to speed relief across the American economy. However, the legislative histories are very clear that one of the fundamental purposes of this Act is to protect condominium and community associations from automatic renewal provisions. x Employees shall be paid at least once every two weeks. National treatment applies in the areas where commitments are made. Wage determinations are specific to each contract. x Employees shall be given 30 days of leave a year. The Army makes you take a lot of pointless tests. Davis-Bacon Act. The Service Contract Act was enacted to provide labor standards protection to employees of contractors furnishing services to federal agencies. However, a review of the SCA requirements early in the process of contract awards can help avoid later problems. The two notices may be used sequentially or, depending on the time left in performance, only a single notice might be used. Section 2Availability of Protection Regardless of Registration and Presumption. For loans covered under TILA, you have a right of rescission, which allows you three days to reconsider your decision and back out of the loan process . 22.304 Variations, tolerances, and exemptions. . Cost Reimbursement, GIVEN A CONTRACT ACTION, IDENTIFY THE DELEGATED TECHNICAL FUNCTIONS FOR WHICH THE COR IS RESPONSIBLE: IDENTIFY FACTORS TO BE ASSESSED WHEN DOCUMENTING A CONTRACTOR`S PERFORMANCE: When conducting assessment of contractor performance, the COR must consider:(Check all that apply): x selected all 4 x Terms and Conditions // The Inspection Plan, Terms and Conditions // The Inspection Plan // Concerns of safety and welfare, RECOGNIZE THE REQUIREMENT TO SAFEGUARD DATA WITH RESTRICTIVE MARKINGS:Select the item that is considered a restrictive marking: . Is your Company Required to Comply with the SCA? make changes to the contract, IDENTIFY HOW A COR REPORTS SUSPECTED INCIDENTS OF FRAUD, WASTE AND ABUSE AND UNETHICAL CONDUCT:The contractor paid $85 for a federal employee'S dinner. From the following statements, select the correct statement pertaining to the Service Contract Act: A) The Service Contract act applies to all service contracts performed in the US with an estimated value under $10,000. The NIC is continue reading : The . RECOGNIZE THE ROLE OF THE COR IN THE OVERALL STRATEGIC PLANNING OF AN ACQUISITION:The existing contract, including all options, is about to end. Reasonable, Allowable, Allocable and Consistent costs, IDENTIFY MAJOR REQUIREMENTS FOR TIMELY INVOICE REVIEW AND PAYMENTS: DETERMINE STEPS TO VERIFY THE ACCURACY AND VALIDITY OF THE CONTRACTOR'S INTERIM INVOICES UNDER COST/T&M/LH CONTRACTS:The COR is authorized to approve billings on cost reimbursement contracts. In D.C., the wage for groundskeepers is $13.07 . How are traditional food service industries (such as grocery and restaurants) responding to the new market opportunity? 3381). Audience reach 3. 351 et seq ., and its implementing regulations. o) Sustainable Traditional Resource Rights refer to the rights of ICCs/IPs to sustainably use, manage, protect and conserve a) land, air, water, and minerals; b) plants, animals and other organisms; c) collecting, fishing and hunting grounds; d) sacred sites; and e) other areas of economic, ceremonial and aesthetic value in accordance with . true, RECOGNIZE HOW THE COR'S RESPONSIBILITY FOR PROVIDING COST ESTIMATES ASSIST KOS IN NEGOTIATING PROPOSED CHANGES IN SCOPE OF WORK UNDER THE CONTRACT:The COR may be asked to review the cost proposal and the proposed Basis of Estimate (BOE) and to assist the KO in determining the reasonableness of the proposed amounts. Contractors and subcontractors, when entering into contracts and subcontracts subject to the Act, are required to- Submitted payrolls shall not be returned to a contractor or subcontractor for any reason, but copies thereof may be furnished to the contractor or subcontractor who submitted them, or to a higher tier contractor or subcontractor. true, DISTINGUISH BETWEEN FORMAL AND INFORMAL COMMUNICATION AND ITS EFFECT ON GIVING TECHNICAL DIRECTION:A critical way that formal communication differs from informal is that formal communication is binding upon the parties and informal communication is non-binding. IDENTIFY THE PROCESS FOR DEVELOPING AN INDEPENDENT GOVERNMENT COST ESTIMATE:What is an Independent Government Estimate (IGE)? The department of labor is responsible for enforcement of the service contract act 5. If the barracks are not available, the soldiers will have no living quarters. Also, under a direct contribution plan, the average contributions must equal or exceed the specified fringe benefit rate. true. Personal Preference. . . . Total exports, mostly tea and garments, increased 10 percent to USD 11.3 billion in 2017 while imports are approximately USD 21 billion. IDENTIFY THE PROCESS FOR DEVELOPING AN INDEPENDENT GOVERNMENT COST ESTIMATE:The Independent Government Estimate includes only direct and indirect cost: . What should the COR look for in the contract that protects the government's best interest, i.e. x A Termination for Default Notice and a Cure Notice. IDENTIFY CONTROL AND DISPOSITION REQUIREMENTS FOR GOVERNMENT FURNISHED OR LEASED ASSETS: DISCUSS THE CONTRACTOR'S REQUIREMENTS TO INVENTORY EQUIPMENT:The government's policy is for contractors to provide all of their own general purpose equipment. 11293 otherwise known as the "Philippine Innovation Act" was signed by President Rodrigo R. Duterte on April 17, 2019. Keep an 'arm's length' relationship with contractor personnel, Considerations for choosing an appropriate quality assurance surveillance method for a service contract include: x risk, complexity and timeline, DEFINE THE MAJOR ACTIONS REQUIRED TO EVALUATE THE CONTRACTOR?S ENGINEERING EFFORTS AND MANAGEMENT SYSTEMS:The ANSI/EIA 32 management system guidelines include (Select all that apply): x selected Change Management // Scheduling X selected Change Management // Scheduling // Organizing, A: scheduling, organizing, managerial analysis. Service Contract Act is federal statute which controls the aspect of service contracts entered into between individuals or companies and the federal government.8 min read. IDENTIFY HOW POTENTIAL ORGANIZATIONAL CONFLICTS OF INTEREST CAN AFFECT CONTRACT MANAGEMENT:ABC, Inc. receives a contract to define the detailed performance characteristics for Navy base housing maintenance services. . contracting officer's representative, IDENTIFY THE CONTRACTING EXPENDITURES, FUNDING ISSUES, OVERRUNS, REQUESTS FOR TRAVEL AND OVERTIME THAT WILL BE DISCUSSED WITH THE CONTRACTING OFFICER:The COR has the authority to authorize ______: . The Act was enacted in 2003 and amended in 2006, 2011 and 2014. The act strictly limits the sale of investment. Fringe Benefits required to be paid under the SCA. Stay informed as we add new reports & testimonies. To answer this, it must first be determined if the contract is one covered by the Service Contracts Act. Additionally, contractors are required to pay overtime wages of one and one-half times regular hourly rates for each hour worked over 40 in a week. The Service Contract Act, also referred to as the McNamara-OHara Service Contract Act (SCA), is a federal statute which controls the aspect of service contracts entered into between individuals or companies and the federal government, including the District of Columbia, for the contractors to engage service employees to provide services for these government agencies. true. all these statements are correct, RECOGNIZE THE BASIC INFORMATION (PERIOD OF PERFORMANCE, PWS, CONTRACT VALUE) FOUND IN A CONTRACT TO INCLUDE THE UNIFORM CONTRACT FORMAT:All of the following are examples of contract formats except? . DISTINGUISH BETWEEN PERSONAL AND NON-PERSONAL SERVICES AND ACT ACCORDINGLY WHEN WORKING WITH CONTRACTOR PERSONNEL:Personnel services contracts are authorized by the government when . . LIST THE CONTENTS OF A QUALITY ASSURANCE SURVEILLANCE PLAN (QASP)/ PERFORMANCE ASSESSMENT PLAN (PAP):A Quality Assurance Surveillance Plan (QASP) is __________? If there was a prior contactor with a collective bargaining agreement, the new contractor must pay the rates set forth in that agreement. Do a comparative analysis of the types of outlets the communication network currently uses in terms of the following: GMA News ABS-CBN News 1. B). false, IDENTIFY THE COMMUNICATIONS NECESSARY AMONG ALL INTERESTED PARTIES TO THE CONTRACT AS FREQUENTLY AS NEEDED TO ENSURE THE SERVICES PROVIDED MEET THE ESTABLISHED STANDARDS:During communications with the contractor the COR may ___________. Explain why a large restaurant chain (e.g. Stopping work on a production line if you suspect improperly performed work, DESCRIBE A CORS RESPONSIBILITIES IN INSPECTING AND ACCEPTING SUPPLIES AND SERVICES: EXPLAIN THE PRIMARY PURPOSE OF GOVERNMENT INSPECTION:The Contracting Officer'S Representative'S role in inspection is to determine whether the completed supplies and services conform to what the government ordered and can be accepted. If no collective bargaining agreement is applicable, the contract must pay either the rate set by the DOLs wage determination or minimum wage under the FLSA. For prime contracts exceeding $2,500, contractors and subcontractors performing work are required to pay their employees at least at the wage rate and with the benefits of private employers in the locality at which the work is being performed. In addition to wage and fringe benefit entitlements, employees have a right to work in a safe environment free of danger and unhealthy conditions. Which of the following is TRUE regarding requirements development and documentation? Cost Reimbursement, IDENTIFY MAJOR REQUIREMENTS FOR TIMELY INVOICE REVIEW AND PAYMENTS: RECOGNIZE THE RELATIONSHIP BETWEEN INVOICE PAYMENTS AND CONTRACTOR PERFORMANCE, AND HOW TO REPORT INVOICE ISSUES:The government must notify the contractor when ____________: . Procurement Integrity Act, LIST THE REQUIREMENTS FOR PREPARING A STATEMENT OF WORK OR STATEMENT OF OBJECTIVES:A properly written Statement of Work will (select all that apply): . (formerly 41 U.S.C . RECOGNIZE THE ROLE OF THE COR IN THE OVERALL STRATEGIC PLANNING OF AN ACQUISITION:Acquisition Planning's principal purpose is to ensure that the government meets its needs in the most effective, economical and timely manner while emphasizing competition and promoting the use of commercial items. Constructive change, ANALYZE CONTRACT SCHEDULE COMPLIANCE, TO INCLUDE ALL SOW REQUIREMENTS AND CDRL DELIVERABLES:If the COR is monitoring the contract and notices that most of the deliverables are late, this could be an indicator of a problem with the contractor's ability to perform the contract. . (4) Advisory and assistance services. Relation to State, Local, and Other Federal Laws, Occupational Safety and Health Administration (OSHA), Contract Work Hours and Safety Standards Act, Fair Labor Standards Act: Everything You Need to Know, Construction contracts under the Davis-Bacon Act, Transportation contracts under published tariffs, Contracts controlled by the Communications Act of 1934, Contracts for services outside the United States, Contracts exempted under special circumstances by the Secretary of Labor. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act, 2002 The Insolvency and Bankruptcy Code, 2016 The Fugitive Economic Offenders Act, 2018 The Prevention of Money Laundering Act, 2002 The Foreign Exchange Management Act, 1999 The Foreign Contribution (Regulation) Act, 2010 And even if eligible, most contractors cannot satisfy the exemption because it limits the workers to spending no more than 20% of their time on the contract so you can't have a workforce dedicated to the SCA-covered government contract. . This is within the scope of the COR duties. The service contract act was enacted to protect economies in the geographical areas where the contract is performed. This knowledge helps the COR track contractor performance and ensure contractor compliance with the contract as written. RECOGNIZE HOW CONTRACT TYPES IMPACTS COR RESPONSIBILITIES:What are the differences between contracting by negotiation and sealed bidding? Basic Provisions/Requirements of McNamara-O'Hara Service Contract Act, 4. Covered service employees must receive wages no less than the minimum wage, and for contracts exceeding $2,500, the minimum wages and fringe benefits must be based on rates that the Department of Labor determines as prevailing for service employees in the locality. true. Provide written documentation of this matching. India, as a member of the World Trade Organization (WTO), enacted the Act to comply with the Agreement on Trade-Related Aspects of Intellectual Property Rights. Corporations provided convincing evidence that the act should not apply because substantial quantities of their products and services are sold commercially at established catalog prices; government business represents a small portion of their total business; and their service technicians receive adequate wages under their merit pay systems and, thus, do not need wage protection. From the following statements, select the correct statement pertaining to the Service Contract Act: A) The Service Contract act applies to all service contracts performed in the US with an estimated value under $10,000. The COR can assist in acquisition planning and writing the evaluation criteria to ensure the best contractor is selected for the new contract. Some of the areas in which service contracts are found include the following: (1) Maintenance, overhaul, repair, servicing, rehabilitation, salvage, modernization, or modification of supplies, systems, or equipment. IDENTIFY THE VARIOUS METHODS OF CONTRACTING FOR A SUPPLY OR SERVICE:Cost reimbursement contracts are used when there is uncertainty in the outcome of the effort; the greatest risk is placed on the Government. (2021: 2) and to exert greater control over cross . . . With USAID's assistance, the Government of Kosovo continued a series of business climate reforms which has contributed to Kosovo's improved ranking in the World Bank Doing Business Index over the years. DISCUSS WHEN AND WHY SCHEDULE COMPLIANCE MUST BE BROUGHT TO THE ATTENTION OF THE KO:If a contractor is delinquent on a portion of a contract, and that portion is clearly severable from the continuing portion of the contract, the Contracting Officer may terminate the deficient portion of the contract using a Partial Termination. . This statute was enacted to insure that service employees engaged for federal governments are paid as much as the prevailing rates in the location for the same work. all these responses are correct, DESCRIBE A COR'S RESPONSIBILITIES IN INSPECTING AND ACCEPTING SUPPLIES AND SERVICES: IDENTIFY DOCUMENTATION REQUIREMENTS WHEN PERFORMING INSPECTION AND ACCEPTANCE:A COR will typically use a ____________ to document the inspection and acceptance of a supply or service. The contract is one awarded by the District of Columbia or U.S. Government; Contract is for services primarily which will be fulfilled by the work of non-exempt service employees; The work will be undertaken in the United States or foreign U.S. territory. false, DESCRIBE A CORS RESPONSIBILITIES IN INSPECTING AND ACCEPTING SUPPLIES AND SERVICES:The inspection clause for ____________contracts allows for the contracting officer to charge not only the cost of rework to the contractor but also any additional costs associated with re-inspection. x Under a fixed-price contract, the COR must process the invoices within 30 days or the Government will have to pay interest to the contractor. true, DESCRIBE A CORS RESPONSIBILITIES IN INSPECTING AND ACCEPTING SUPPLIES AND SERVICES:The inspection clause for ____________contracts allows for the contractor to charge the cost of rework to the government. Requirement for fringe benefits unable to be used for SCA compliance. Under the SCA, wage and benefit requirements are applied equally to temporary, part-time and full-time employees. The legislation, part of the Clinton-Gore Administration's goal of restoring and protecting the greater Yellowstone ecosystem, directed the transfer of certain lands and other assets in Montana to the Big Sky Lumber Company in exchange for a significantly larger amount of land to be included in . You should request that the contractor take a break until class has ended. Notice to Employees of their wage and benefit rights under the SCA. 15-10-101. . . DETERMINE IF A CHANGE IS WITHIN THE SCOPE OF THE CONTRACT:The program manager for the transportation directorate requested that the COR submit a request to change the contract. latent defect, IDENTIFY CONTROL AND DISPOSITION REQUIREMENTS FOR GOVERNMENT FURNISHED OR LEASED ASSETS: DESCRIBE THE REPORTING REQUIREMENTS FOR LOST, DAMAGED OR DESTROYED GOVERNMENT ASSETS: Disposition of Government property must be conducted in accordance with __. Service contract actissues regulations, orders, conducting hearings, deciding disputes, etc. x Under fixed price contracts the Government does not normally monitor the number of employees, number of breaks, or length of lunch time for contractor employees. Personal services contracts are appropriate only in limited situations as prescribed by the Federal Acquisition Regulations. Republic Act (RA) No. 36 of 1966 Enacted by Parliament of South Africa Assented to 5 October 1966 Commenced 26 October 1966 Repealed 30 June 1991 Continue to monitor the contract and ensure that the contractor is complying by fulfilling the contract requirements as changed. Section 22-B of the Mines Act, 1923 also fixes weekly hours of work for workers at 48 hours or 8 hours each day, with the limitation of spread-over 12 hours and interval for rest for one hour every six hours. The act will: consolidate and simplify existing offences into a single act ensure that perpetrators receive suitably severe punishments for modern slavery crimes (including life sentences) true, IDENTIFY MAJOR REQUIREMENTS FOR TIMELY INVOICE REVIEW AND PAYMENTS: IDENTIFY INVOICE PAYMENT REQUIREMENTS ASSOCIATED WITH APPROPRIATE CONTRACT INVOICE CLAUSE: Which of the following is NOT a common problem found during invoice review? This Administration functions pursuant to assignment by the Secretary of Labor in accordance with the Service Contract Labor Standards Act. DD250 or Wide Area Workflow, DESCRIBE A COR'S RESPONSIBILITIES IN INSPECDESCRIBE A COR?S RESPONSIBILITIES IN INSPECTING AND ACCEPTING SUPPLIES AND SERVICES: GIVEN A SCENARIO, LIST ACTIONS THAT MUST BE TAKEN TO CLOSE OUT A CONTRACT:Past performance assessments may include inputs from the (select all that apply): x all x legal counsel // contracting officer x contracting officer // contracting officer's representative, DESCRIBE A COR'S RESPONSIBILITIES IN INSPECTING AND ACCEPTING SUPPLIES AND SERVICES: GIVEN A SCENARIO, LIST ACTIONS THAT MUST BE TAKEN TO CLOSE OUT A CONTRACT: Only the government input is recorded on past performance in the Contractor Performance Assessment Record System. This provision of the final rule had not been included in the proposed regulation. The Geographical Indications of Goods (Registration and Protection) Act was enacted in 1999 and has come into force in September 2003 (hereafter called GI Act).This Act provides for the registration and better protection of geographical indications relating to goods. I'll update the main post. If the Administrative Law Judge rules against the contractor, this decision can then be appealed to the Administrative Review Board. Which of thee following is NOT a description of a role that firms play in the market place ? x Contracting Officer. provide clarification about concerns or issues. The law mandates the creation of the National Innovation Council (NIC) that will steer the whole-of-government coordination and collaboration and to remove the fragmentation in the country's innovation governance. 423 ? . EVALUATE THE CONTRACTOR?S COMPLIANCE WITH SAFETY, SECURITY, LABOR, SERVICE CONTRACT ACT, ENVIRONMENTAL LAW, AND REGULATORY REQUIREMENTS:The Service Contract Act was enacted to protect economies in the geographical areas where the contract is performed. true, DESCRIBE A CORS RESPONSIBILITIES IN INSPECTING AND ACCEPTING SUPPLIES AND SERVICES: LIST THE EXCEPTIONS TO FINAL ACCEPTANCE:Your organization has purchased a diesel generator for emergency power support. true, IDENTIFY THE COMMON CAUSES OF CONSTRUCTIVE CHANGE:When a contractor performs work beyond that required by the contract without a formal change order and it is perceived that such work was ordered by the Government or caused by Government fault, this is defined as? IDENTIFY HOW A COR DEALS WITH NON COMPLIANCE OR POOR PERFORMANCE:When dealing with non-compliance, what is the most preferred solution? Two hundred soldiers are due to arrive on the scheduled completion date. While the request for bids may give good guidance on the applicable labor category, the employer ultimately bears the burden for any mismatching. New Zealand Acts 1841-2007 As-Enacted Collection for historical Acts New Zealand Statutory Regulations 1936-2007 for historical Statutory Regulations New Zealand Historical Bills 1854-2008 New Zealand Historical Supplementary Order Papers 1870-2007 New Zealand Parliament for the Schedule of divided Bills and to make a submission beehive.govt.nz Examples are a news program on TV and a radio broadcast over the AM frequency. Conduct market research and develop requirements. An auto service contract is a contract to perform (or pay for . A widely accepted industry best practice for project management used across the Department of Defense, the Federal Government and the commercial sector. . DISTINGUISH BETWEEN PERSONAL AND NON-PERSONAL SERVICES AND ACT ACCORDINGLY WHEN WORKING WITH CONTRACTOR PERSONNEL:When working with contractor personnel on a non-personal services contract, the COR should: x Rate individual contractor employee performance, DEFINE EVM AND COST PERFORMANCE REPORTING:An Earned Value Management system that is formally validated and accepted by the cognizant contracting officer is required on cost or incentive contracts valued at or greater than ____.

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