FCCM Questions with Right Answers Rate
A+
What are the 7 stages of public procurement? - ✅✅ Stage 1 – Identification
Stage 2 - Pre-Solicitation
Stage 3 - Solicitation Preparation
Stage 4 – Solicitation
Stage 5 - Response Evaluation
Stage 6 - Contract Award
Stage 7 - Contract Management
Procurement Need - ✅✅ An identified lack of a commodity or contractual service that
an agency or program area requires to complete its normal business or fulfill its mission.
Procurement Staff - ✅✅ Agency personnel who are responsible for making purchases
or engaging in the procurement process.
Point of Entry - ✅✅ A term of art which describes an agency decision that allows a
provider to file a protest.
Critical Business Requirements - ✅✅ A business need that a commodity or
contractual service will fulfill.
Competitive Solicitation - ✅✅ "The process of requesting and receiving two or more
sealed bids, proposals, or replies submitted by responsive vendors in accordance with
the terms of a competitive process, regardless of the method of procurement."
Cost Reimbursement - ✅✅ The provider submits a request for reimbursement and is
reimbursed for allowable cost incurred that are directly related to the commodities or
services in the contract/grant. Cost can only be reimbursed if payment has been made.
Fixed Price - ✅✅ The project is divided into specified intervals and payment is
distributed at those intervals as long as the provider meet the required minimum
performance at each interval. This method of payment should only be used with
competitive procurement projects and or when there are historical costs available to
provide a baseline for price.
Fixed Rate - ✅✅ Payments are based on a fixed rate (hourly, per unit, etc.) This
method is based on the provider’s performance.
, Combination of Payment Methods - ✅✅ A contract may use one or all combinations of
payment methods.
A contract for services that pay the provider a set amount for each hour worked is an
example of which payment method? - ✅✅ Fixed Rate
ITB, the focus is on - ✅✅ Price Only
RFP, the focus is on - ✅✅ Price and Quality
ITN, the focus is on - ✅✅ Best Value
Contract - ✅✅ "A written agreement or purchase order issued for the purchase of
goods or services or a written agreement for the receipt of state or federal financial
assistance."
Grant - ✅✅ An award of financial assistance pursuant to a written agreement to carry
out a public purpose.
Grants are subject to? - ✅✅ accountability of funds
Provider - ✅✅ entity delivering a service or commodity, regardless of whether it is a
contract or a grant
When is a contract required? - ✅✅ If you're spending any amount of state funds on
goods or services a written agreement or purchase order is required.
The Florida Commission on Ethics is responsible for: - ✅✅ - Administering the ethics
program
- Investigating breaches of conduct
- Enforcing compliance
- Providing training and advisory opinions
How long after an agency employee leaves position with the state can he or she be
employed by a business that has a contract the agency employee managed at his or
her former agency? - ✅✅ 2 years
Agency employee with the power to make purchases exceeding 20k are required to file
a Limited Financial Disclosure (Form I) annually by _________ to the Commission on
Ethics. - ✅✅ July 1
Stage I Covers - ✅✅ Need Identification
Budget Identification
Purchasing Strategy
A+
What are the 7 stages of public procurement? - ✅✅ Stage 1 – Identification
Stage 2 - Pre-Solicitation
Stage 3 - Solicitation Preparation
Stage 4 – Solicitation
Stage 5 - Response Evaluation
Stage 6 - Contract Award
Stage 7 - Contract Management
Procurement Need - ✅✅ An identified lack of a commodity or contractual service that
an agency or program area requires to complete its normal business or fulfill its mission.
Procurement Staff - ✅✅ Agency personnel who are responsible for making purchases
or engaging in the procurement process.
Point of Entry - ✅✅ A term of art which describes an agency decision that allows a
provider to file a protest.
Critical Business Requirements - ✅✅ A business need that a commodity or
contractual service will fulfill.
Competitive Solicitation - ✅✅ "The process of requesting and receiving two or more
sealed bids, proposals, or replies submitted by responsive vendors in accordance with
the terms of a competitive process, regardless of the method of procurement."
Cost Reimbursement - ✅✅ The provider submits a request for reimbursement and is
reimbursed for allowable cost incurred that are directly related to the commodities or
services in the contract/grant. Cost can only be reimbursed if payment has been made.
Fixed Price - ✅✅ The project is divided into specified intervals and payment is
distributed at those intervals as long as the provider meet the required minimum
performance at each interval. This method of payment should only be used with
competitive procurement projects and or when there are historical costs available to
provide a baseline for price.
Fixed Rate - ✅✅ Payments are based on a fixed rate (hourly, per unit, etc.) This
method is based on the provider’s performance.
, Combination of Payment Methods - ✅✅ A contract may use one or all combinations of
payment methods.
A contract for services that pay the provider a set amount for each hour worked is an
example of which payment method? - ✅✅ Fixed Rate
ITB, the focus is on - ✅✅ Price Only
RFP, the focus is on - ✅✅ Price and Quality
ITN, the focus is on - ✅✅ Best Value
Contract - ✅✅ "A written agreement or purchase order issued for the purchase of
goods or services or a written agreement for the receipt of state or federal financial
assistance."
Grant - ✅✅ An award of financial assistance pursuant to a written agreement to carry
out a public purpose.
Grants are subject to? - ✅✅ accountability of funds
Provider - ✅✅ entity delivering a service or commodity, regardless of whether it is a
contract or a grant
When is a contract required? - ✅✅ If you're spending any amount of state funds on
goods or services a written agreement or purchase order is required.
The Florida Commission on Ethics is responsible for: - ✅✅ - Administering the ethics
program
- Investigating breaches of conduct
- Enforcing compliance
- Providing training and advisory opinions
How long after an agency employee leaves position with the state can he or she be
employed by a business that has a contract the agency employee managed at his or
her former agency? - ✅✅ 2 years
Agency employee with the power to make purchases exceeding 20k are required to file
a Limited Financial Disclosure (Form I) annually by _________ to the Commission on
Ethics. - ✅✅ July 1
Stage I Covers - ✅✅ Need Identification
Budget Identification
Purchasing Strategy
