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MFA-Chapter 6 (Public Purchasing & Procurement) Questions With Complete Solutions

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MFA-Chapter 6 (Public Purchasing & Procurement) Questions With Complete Solutions

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MFA-Chapter 6 (Public Purchasing & Procurement)
Questions With Complete Solutions

**Local government units may enter into contracts for
renewable energy sources, power purchase agreements, with
private vendors for: Correct Answers 15 Years

**P.L. 1999, c.440, The Truth in Contracting Law established
Correct Answers Criminal penalties for unethical behavior by
public officials when contracting for goods and services.

**The purpose of a purchasing system in a government entity is
to Correct Answers Ensure the integrity of the use and
disposition of public funds and assets

A bid opening may not take place on Correct Answers a) The
first Tuesday in May
b)Monday, January 23rd
c)Wednesday, July 5th
d) A and B

e)B and C (Not on Mon, or Day after Hol)

A BRC must be provided with bid documents or the bid must be
rejected Correct Answers False

A certificate of surety is required on all local public construction
contracts on excess of: Correct Answers $100,000

A contractor's prior negative experience with Howell Township
may be used to disqualify that contractor as the lowest

, responsive bidder for a contract with Monmouth County.
Correct Answers False (negative experience mb in your town)

A donor may restrict the use of bequest funds Correct Answers
True

A government unit does not need to bid goods and services in
excess of the bid threshold so long as the purchases span more
than one budget year, or uses more than one vendor Correct
Answers False (any 12 month period in the aggregate)

A vendor on the approved list for the sale of personal property
online may collect the monies form the sale of an item, deduct
the agreed upon commission they are owed, and then disburse
the balance of the proceeds of the sale to the local unit, as long
as the procedure is clearly outlined in the contract with the
vendor, and the vendor holds the proper bonds and insurance to
cover the possible loss of such funds Correct Answers True

A vendor, contracted for the repainting of the interior of Town
hall at a cost of $15,000, need not be registered as a contractor
with the state Correct Answers False (They need a BRC & a
Public Works Contract)

All Business organizations that do business with a local unit in
excess of 15% of the bid threshold must obtain a business
registration and, in some cases, a NJ public works contractor
registration prior to the receipt of bids, or in the case of
professional service contracts the award of contract Correct
Answers False

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