MCPPO Supplies and Services Questions and Answers 2024/2025
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Course
MCPPO
Institution
MCPPO
What must be obtained before you award a contract that will exceed three years in length,
including any options to renew or extend the contract.
Majority Vote Approval
The majority vote for TOWNS OR DISTRICTS must be taken by:
A Duly Called Town or District Meeting
The majority vote f...
-Changes in market prices
-Changes in environmental, tax, and other laws
-Population trends
-Technological advances
What is one way to minimize the risk of a changing market price.
Use a Price Index in your contract to adjust contract prices with fluctuating market
prices.
Allow you to monitor vendor performance against a pre-established set of guidelines.
Performance Measures
Chapter 30B requires a(n) ___________________ sufficient to pay for the first fiscal year,
before a multi-year contract is entered into.
Appropriation (or other source of funds)
If a jurisdiction fails to appropriate funds for the third year of a five-year contract, what must
be done?
The contract must be canceled
After the first fiscal year, the payment and performance obligations of each subsequent year
must be stated where?
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