Contract Types & Administration Flashcards
7 cards from real ASO practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Contract Types & Administration flashcards as text
A non-solicitation clause in a security services contract typically prohibits:
Answer: The client from hiring the security company's officers directly
Non-solicitation clauses prevent the client from directly recruiting or hiring the contractor's employees during or after the contract period.
What is the primary purpose of a 'liquidated damages' clause in a security contract?
Answer: To pre-establish a set compensation amount for specific contract breaches
Liquidated damages clauses specify in advance the monetary penalty for defined breaches, such as unfilled posts, avoiding lengthy damage disputes.
A security company operating under a government contract must comply with FAR (Federal Acquisition Regulation) requirements primarily because:
Answer: FAR governs all federal procurement processes and contractor obligations
FAR establishes the rules federal agencies and their contractors must follow for procurement, contract administration, and performance.
An 'evergreen' contract provision means the contract:
Answer: Automatically renews unless one party provides cancellation notice by a deadline
Evergreen contracts self-renew for successive terms unless a party notifies the other of intent not to renew before the specified deadline.
A security officer notices the site's post orders reference a contract addendum that was never provided. The officer should:
Answer: Request a copy of the addendum through the chain of command before acting on unknown requirements
Officers should not act on contract terms they cannot verify; obtaining the addendum through proper channels ensures compliance with current obligations.
Which of the following best describes a 'performance bond' in the context of a security services contract?
Answer: A financial guarantee ensuring the contractor will complete the contract as agreed
A performance bond is a surety instrument that compensates the client if the contractor fails to fulfill contractual obligations.
A security contract states that the contractor is an 'independent contractor' rather than an employee of the client. This distinction primarily affects:
Answer: Tax liability, benefits, and control over how work is performed
Independent contractor status means the client does not withhold taxes, provide benefits, or direct exactly how the work is done — only the outcome.