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Exam (elaborations)

FCCM Training Exam Questions And Accurate Answers

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  • FCCM Training
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  • FCCM Training

FCCM Training Exam Questions And Accurate Answers...

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  • October 6, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FCCM Training
  • FCCM Training
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Stetson
FCCM Training Exam Questions And Accurate Answers



Procurement - ANSWER Government term for the buying of goods or services, receipt
and inspection, inventory and control, contract administration, and disposal/surplus



Seven Stages of Public Procurement - ANSWER 1. Need identification

2. Pre-solicitation

3. Solicitation preparation

4. Solicitation

5. Response Evaluation

6. Contract award

7. Contract management



Stage 1: Need Identification Process - ANSWER Identify the need for a
commodity/service and develop a plan to address that need. This stage includes:

-Need identification

-Budget identification

-Purchasing strategy



Types of procurements - ANSWER -Emergency (non-competitive): Cannot be delayed
without forcing immediate hazard

-Exceptional (non-competitive): Agencies must purchase from particular entity under a
contract

-Competitive solicitations



Phase 2: The pre-solicitation phase - ANSWER Obtain background information to
identify which form of competitive solicitation

is best for the

,What is a Solicitation Team supposed to do? - ANSWER -Ensure solicitation will meet the
procurement need

-Define what procurement scope is

-Determine a public purpose

-Conduct a market analysis

-Determine estimated probable costs



Procurement need - ANSWER An identified shortage of commodity or service



Payment Methods - ANSWER Cost reimbursement

Fixed price

Fixed rate

A combination of the above payment methods



Cost reimbursement - ANSWER The service provider is reimbursed for allowable
commodities / services related to the contract/grant



Fixed price - ANSWER Payment for a service is disbursed at defined periods (ex: weekly,
monthly)



Fixed rate- ANSWER Payments are made for fixed rates, such as an hourly rate of pay or
per unit delivered



Solicitation methods -ANSWER -Invitation to Bid (ITB): best value is based on price

-Request for Proposals (RFP): best value is based on price and quality

-Invitation to Negotiate (ITN): best value



Stage 3: Solicitation Preparation Process - ANSWER Prepare a competitive solicitation

, in advance of its release to the vendor community. Activities include:

-Planning, drafting and reviewing the solicitation

preparation of the solicitation documents for posting

selection of the evaluation or negotiation teams



Competitive solicitations MUST include - ANSWER -General Instruction to Respondents
(PUR 1001)

-General Contract Conditions (PUR 1000)



Competitive solicitations GENERALLY include - ANSWER -An introduction which
describes the objectives of the solicitation

-Technical specifications/scope of work

-Special instructions to respondents-instructions may include how to respond,
evaluation criteria, basis of award criteria, timeline and identification of the
procurement officer

-Special contract conditions



Should the procurement officer be a member of the evaluation team? - ANSWER NO



If the solicitation is a category 4 or higher, how many members should be on the
evaluation team? - ANSWER Minimum of 3



After a competitive solicitation has been issued, are members of an
evaluation/negotiation team allowed to discuss proposals or responses outside of a
public meeting (including an informal telephone call or email)? - ANSWER NO



Stage 4: Solicitation process - ANSWER Goal is to release and manage a competitive
solicitation. Includes:

-Posting the solicitation document

-Responding to vendor questions

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