1|Page
FCCM EXAM QUESTIONS AND ANSWERS 2025
Stage 1 of public procurement - .....ANSWER ...✔✔
identification
Stage 2 of public procurement - .....ANSWER ...✔✔
pre-solicitation
Stage 2 of Public Procurement - .....ANSWER ...✔✔
Solicitation preparation
stage 4 of public procurement - .....ANSWER ...✔✔
solicitation
stage 5 of public procurement - .....ANSWER ...✔✔
response evaluation
stage 5 of public procurement - .....ANSWER ...✔✔
response evaluation
,2|Page
stage 6 of public procurement - .....ANSWER ...✔✔
contract award
stage 7 of pubic procurement - .....ANSWER ...✔✔
contract management
what is the goal of stage 1 public procurement -
.....ANSWER ...✔✔ identify the specific need for a
commodity or service and develop a plan to address
that need. This includes: need identification, budget
identification, and purchasing strategy
what deems an emergency purchase - .....ANSWER
...✔✔ delaying procurement would cause substantial
loss to the state or an immediate danger to public
health, safety, or welfare
exemptional purchases are - .....ANSWER ...✔✔ non-
competitive
examples of exemptional purchases - .....ANSWER
...✔✔ RESPECT, PRIDE, State Term Contract (STC),
Alternate Contract Source (ACS), Single Source, Exempt
Commodities and Contractual Services
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what price point requires competitive soliciations -
.....ANSWER ...✔✔ 35,000 (category 2)
details of stage 2 - Solicitation Team Functions -
.....ANSWER ...✔✔ -ensure competitive solicitation
-ensure solicitation meets procurement need
-define scope of need
-conduct market analysis
-estimate potential costs
what are the three payment methods - .....ANSWER
...✔✔ -cost reimbursement
-fixed price
-fixed rate
cost reimbursement - .....ANSWER ...✔✔ reimbursed
for allowable costs that are related to the contract
fixed price - .....ANSWER ...✔✔ payment is
distributed at intervals
-bi-weekly
, 4|Page
-monthly
-quarterly
fixed rate - .....ANSWER ...✔✔ per hour
per unit
can combination payments be used? - .....ANSWER
...✔✔ yes
what is the focus for invitation to bid (ITB) - .....ANSWER
...✔✔ price
Request for proposals (RFP) - .....ANSWER ...✔✔ Price
+ Quality
Invitation to Negotiate (ITN) - .....ANSWER ...✔✔ Best
value
what is the goal of stage 3 - .....ANSWER ...✔✔
prepare and review a competitive solicitation before it
is released to the vendor community (planning, drafting,
and reviewing the solicitation, preparing solicitation
FCCM EXAM QUESTIONS AND ANSWERS 2025
Stage 1 of public procurement - .....ANSWER ...✔✔
identification
Stage 2 of public procurement - .....ANSWER ...✔✔
pre-solicitation
Stage 2 of Public Procurement - .....ANSWER ...✔✔
Solicitation preparation
stage 4 of public procurement - .....ANSWER ...✔✔
solicitation
stage 5 of public procurement - .....ANSWER ...✔✔
response evaluation
stage 5 of public procurement - .....ANSWER ...✔✔
response evaluation
,2|Page
stage 6 of public procurement - .....ANSWER ...✔✔
contract award
stage 7 of pubic procurement - .....ANSWER ...✔✔
contract management
what is the goal of stage 1 public procurement -
.....ANSWER ...✔✔ identify the specific need for a
commodity or service and develop a plan to address
that need. This includes: need identification, budget
identification, and purchasing strategy
what deems an emergency purchase - .....ANSWER
...✔✔ delaying procurement would cause substantial
loss to the state or an immediate danger to public
health, safety, or welfare
exemptional purchases are - .....ANSWER ...✔✔ non-
competitive
examples of exemptional purchases - .....ANSWER
...✔✔ RESPECT, PRIDE, State Term Contract (STC),
Alternate Contract Source (ACS), Single Source, Exempt
Commodities and Contractual Services
,3|Page
what price point requires competitive soliciations -
.....ANSWER ...✔✔ 35,000 (category 2)
details of stage 2 - Solicitation Team Functions -
.....ANSWER ...✔✔ -ensure competitive solicitation
-ensure solicitation meets procurement need
-define scope of need
-conduct market analysis
-estimate potential costs
what are the three payment methods - .....ANSWER
...✔✔ -cost reimbursement
-fixed price
-fixed rate
cost reimbursement - .....ANSWER ...✔✔ reimbursed
for allowable costs that are related to the contract
fixed price - .....ANSWER ...✔✔ payment is
distributed at intervals
-bi-weekly
, 4|Page
-monthly
-quarterly
fixed rate - .....ANSWER ...✔✔ per hour
per unit
can combination payments be used? - .....ANSWER
...✔✔ yes
what is the focus for invitation to bid (ITB) - .....ANSWER
...✔✔ price
Request for proposals (RFP) - .....ANSWER ...✔✔ Price
+ Quality
Invitation to Negotiate (ITN) - .....ANSWER ...✔✔ Best
value
what is the goal of stage 3 - .....ANSWER ...✔✔
prepare and review a competitive solicitation before it
is released to the vendor community (planning, drafting,
and reviewing the solicitation, preparing solicitation
