What is the maximum cost for a claim to require certification?

Study for the Federal Acquisition Certification in Contracting Exam. Gain confidence with multiple choice questions that include hints and explanations. Prepare effectively and boost your exam readiness!

The requirement for certification of a claim is tied to the amount in controversy. According to the Federal Acquisition Regulation (FAR), specifically FAR 33.207, the threshold for certification of claims is $100,000. When a contractor submits a claim exceeding this threshold, the contractor must certify that the claim is made in good faith and that the supporting data is accurate and complete. This certification is a crucial component that establishes the legitimacy of the claim and ensures accountability.

Claims below this threshold do not require certification, allowing for a more streamlined process for less significant disputes. Understanding these thresholds is important for contracting professionals, as it helps in managing claims effectively and ensuring compliance with federal regulations.

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