8-07), Page 1 Issued under authority of P 2026

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  4. Proceed to Part 1: Computation of Credit. Complete Schedule CR-5 before filling out this section.
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(a) Contracting officers have authority to enter into, administer, or terminate contracts and make related determinations and findings. Contracting officers may bind the Government only to the extent of the authority delegated to them.
Contracts may be entered into and signed on behalf of the Government only by contracting officers. In some agencies, a relatively small number of high level officials are designated contracting officers solely by virtue of their positions.
Which of the following acquisition team members has the authority to enter into a new contract on behalf of the Government? Heres the best way to solve it. The correct answer is: Contracting Officer (CO) The authority to enter into a new contract on beh

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The contracting officer is the only individual expressly authorized to enter into, administer, and/or terminate contracts. Contracting officers are responsible for ensuring all contract actions comply with appropriate laws, executive orders, regulations, and other applicable procedures and approvals.

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