COMPLETE QUESTIONS AND ANSWERS
◉ A) THE FAILURE TO SIGN IS AN OBVIOUS OVERSIGHT.
Answer: In his haste to meet the bid closing date and the time the
supplier forgot to sign the supplier's bid signature document that
accompanied the solicitation. Under what circumstances can a buyer
generally accept the supplier's bid without a signature? A) The
failure to sign is an obvious oversight, B) The bidder has
demonstrated good performance on previously awarded contracts,
C) There was insufficient time for the bidder to respond, D) The
bidder is not on the "debarred" supplier list
◉ B) THE CONTRACT SHOULD BE NEGOTIATED WITH THE
SUPPLIER.
Answer: The buyer has been working closely with the Dept of Public
Works to acquire an upgrade to existing proprietary software used
with the waste water treatment plant operating equipment. When
purchasing this software, what would be the most appropriate
method of acquisition? A) Develop and issue a formal competitive
bid solicitation, B) The contract should be negotiated with the
supplier, C) The informal competitive bid method should be used, D)
A formal request for proposal method should be used
◉ B) DEFINE ITS MISSION AND STRATEGIC GOALS.
, Answer: An agency wishes to improve its service to its stakeholders
and its productivity. What is the first step it should take? A) Conduct
a customer survey, B) Define its mission and strategic goals, C)
Conduct a benchmark study, D) Develop process measures
◉ D) ALLOWS ORDERING ITEMS, OR SERVICES ON AN "AS NEEDED"
BASIS.
Answer: What is the purpose of a blanket contract? A) Allows the
provider to be reimbursed for costs plus be paid a fee independent
of the costs, B) Provides for specified items, or services to be
delivered w/i a specific time frame, C) Provides for fixed hourly rates
for labor and parts at the stated contractors cost, D) Allows ordering
items, or services on an "as needed" basis
◉ D) LATENT DEFECT.
Answer: An agency purchased specialized software. Four weeks
after the software was accepted & installed, a defect in the software
became apparent. The procurement dept can file a claim for what
type of loss or damage? A) Known loss, B) Known damage, C)
Concealed loss, D) Latent defect
◉ D) PROVIDES THE ENTITY WITH INFORMATION TO USE WHEN
DEVELOPING THE SOLICITATION.
Answer: Governmental agencies sometimes hold supplier interviews
during the planning process of a solicitation. What is a benefit of
conducting such interviews? A) Allows procurement to disqualify