1 for specific request mail
QPA EXAM Prep Questions and Correct Answers |
Latest Update
Bid Thresholds Ans: QPA 40k / Non QPA 17.5K
Quote Threshold (15%) Ans: QPA 6k / Non QPA 2,625
Types of Contracts Ans: 1. Goods and services
2. Professional
Mandatory Bid Items Ans: 1. Bid guarantee
Assignment Expert
2. Consent of Surety
Guru01 - Stuvia
3. Statement of Corporate Ownership
4. Listing of sub-contractors
5. Acknowledgement of addenda
2026
6. Iran disclosure
©
6 "R"s - Right: Ans: 1. Price
2. Quality
3. Quantity
4. Time
5. Manner
6.
Used to evaluate competitive contracts Ans: 1. Price
2. Other (technical & managerial)
Facts Ans: 1. In NJ all contracts shall be in writing.
, 2 for specific request mail
2. A "PO" is a contract.
3. In NJ the voucher is the acceptable form of payment.
4. A "no quote" is a quote.
5. One bid is sufficent to award a contract.
6. No local preference can be given.
Prior negative experience Ans: Period of disqualification is 5 years,
exception is if the vendor has been disbarred.
Assignment Expert
Bid rigging notification Ans: 1. County prosecuctor
2. Attorney general
Guru01 - Stuvia
Fatal flaw Ans: 1. Statement of corporate ownership (stockholder
disclosure)
2026
Project Labor Agreement "PLA" Ans: project specific labor agreement for
projects 5 million or greater made w/various trade unions
©
Value engineering Ans: 5 million threshold
"Remaining amount" Ans: means the value of similiar items for the
remainder of the current year and subsequent years.
Change order limit Ans: cannot exceed 20% of the base contract
Retainage Ans: to withhold up to 2% of progress payments until the
project is completed. Leverage for the owner.
6 Reasons to Reject Bid Ans: 1. Lowest bid exceeds estimate
2. Lowest bid exceeds appropriation
3. Gov't body abandons project
4. Substantial revisions made to the project
QPA EXAM Prep Questions and Correct Answers |
Latest Update
Bid Thresholds Ans: QPA 40k / Non QPA 17.5K
Quote Threshold (15%) Ans: QPA 6k / Non QPA 2,625
Types of Contracts Ans: 1. Goods and services
2. Professional
Mandatory Bid Items Ans: 1. Bid guarantee
Assignment Expert
2. Consent of Surety
Guru01 - Stuvia
3. Statement of Corporate Ownership
4. Listing of sub-contractors
5. Acknowledgement of addenda
2026
6. Iran disclosure
©
6 "R"s - Right: Ans: 1. Price
2. Quality
3. Quantity
4. Time
5. Manner
6.
Used to evaluate competitive contracts Ans: 1. Price
2. Other (technical & managerial)
Facts Ans: 1. In NJ all contracts shall be in writing.
, 2 for specific request mail
2. A "PO" is a contract.
3. In NJ the voucher is the acceptable form of payment.
4. A "no quote" is a quote.
5. One bid is sufficent to award a contract.
6. No local preference can be given.
Prior negative experience Ans: Period of disqualification is 5 years,
exception is if the vendor has been disbarred.
Assignment Expert
Bid rigging notification Ans: 1. County prosecuctor
2. Attorney general
Guru01 - Stuvia
Fatal flaw Ans: 1. Statement of corporate ownership (stockholder
disclosure)
2026
Project Labor Agreement "PLA" Ans: project specific labor agreement for
projects 5 million or greater made w/various trade unions
©
Value engineering Ans: 5 million threshold
"Remaining amount" Ans: means the value of similiar items for the
remainder of the current year and subsequent years.
Change order limit Ans: cannot exceed 20% of the base contract
Retainage Ans: to withhold up to 2% of progress payments until the
project is completed. Leverage for the owner.
6 Reasons to Reject Bid Ans: 1. Lowest bid exceeds estimate
2. Lowest bid exceeds appropriation
3. Gov't body abandons project
4. Substantial revisions made to the project
