Ethics and Procurement Integrity Flashcards

Improper obtainment or disclosure of protected procurement information violates laws and ethics rules. The Procurement Integrity Act and FAR Part 3 applies to all listed procurement-related functions EXCEPT:

Which of the following is NOT listed under Title 18, Chapter 11, part of the criminal code for bribery, graft, and conflicts of interest?

The Principles of Ethical Conduct include all of the following EXCEPT:

If Michael uses his access to gain a personal financial advantage in the stock market, which ethics conduct standard best addresses the situation?

What is the primary purpose of communicating with vendors prior to the issuance of a solicitation?

Which of the following is a protected form of course selection?

Which of the following is a protected form of contractor bid or proposal information?

All of the following related to contractor performance ratings are true EXCEPT:

Which of the following is NOT a financial conflict of interest?

Under which circumstances may a gift be accepted?

What practice is prohibited when using a government purchase card (GPC)?

Seeking employment outside the Government includes what actions?

Procurement Integrity and Ethics

Improper obtainment or disclosure of protected procurement information violates the Procurement Integrity Act and FAR Part 3, except for contract award functions.
Bribery and conflicts of interest under Title 18 excludes the salary of government officials and employees, payable only by the Office of Government Ethics (OGE).

Principles of Ethical Conduct

Ethical conduct principles prohibit accepting gifts of monetary value, emphasizing integrity and independence in procurement activities.
Misuse of position standard, outline by 15 CFR 2635, addresses scenarios where individuals like Michael leverage access to sensitive information for personal gain.

Vendor Communication and Market Trends

Pre-solicitation communication with vendors aims to exchange general information and monitor market trends, fostering better procurement decisions.

Protected Information in Procurement

Rankings of bids, proposals, and competitors are considered protected forms of course selection.
Indirect costs and direct labor rates are classified as protected contractor bid or proposal information.

Contractor Performance Ratings

Contractor performance ratings are essential but not the sole determinant for awarding new contracts, emphasizing a broader evaluation process.

Financial Conflicts of Interest

Holding investments in companies not doing business with the Agency is not classified as a financial conflict of interest, allowing for certain investment freedoms.

Acceptance of Gifts

Gifts may be accepted if they are connected to political activities authorized by the Hatch Act Reform Amendments, under specific circumstances.

Government Purchase Card (GPC) Practices

It is prohibited to split purchases while using a government purchase card to avoid exceeding spending limits, ensuring accountability in procurement spending.

Seeking Employment Policies

Seeking outside employment includes making or responding to unsolicited communications with firms regarding potential job opportunities, maintaining transparency and ethical standards.

Test your knowledge on ethics and integrity in the procurement workforce with these flashcards. This quiz covers important laws and regulations such as the Procurement Integrity Act and bribery laws relevant to procurement operations.