Exam (elaborations)
FCCM Training exam 2024_2025 fully solved & updated.
- Course
- Institution
FCCM Training exam 2024_2025 fully solved & updated.
[Show more]
Content preview
FCCM Training exam 2024/2025 fullysolved & updated
A vendor who was not selected for a contract decides to protest the decision.
How long after filing a written notice of intent to protest does a vendor have to file
the formal written protest? - ANSWER-10 Days
Seven Stages of Public Procurement - ANSWER-Identification
Pre-Solicitation
Solicitation Prep
Solicitation
Response Evaluation
Contract Award
Contract Management
When the total cost of the needed commodities or contractual services exceeds
$35,000 the solicitation must be - ANSWER-competitive
Which payment method is used when a project is divided into intervals, and
payment is distributed at those intervals - ANSWER-Fixed Price
Which method of competitive solicitation would someone want to use when the
focus is on price plus quality - ANSWER-Request for proposal
Which documents are generally included in a competitive solicitation - ANSWER-
Scope of Work
, Which purchasing category is required to have at least three people assigned to
an evaluation or negotiation team? - ANSWER-Category 4 ($195,00)
What type of solicitation must be publicly posted on the Vendor Bid System? -
ANSWER-Competitive
If a vendor has a question regarding a solicitation, who must they contact? -
ANSWER-Procurement officer
What criteria is used when evaluating responses submitted to a competitive
solicitation, such as a proposal or reply? - ANSWER-The criteria established in
the solicitation
After an agency employee leaves a position with the state, they may be
immediately employed by a business that had a contract that they managed at
their former agency. - ANSWER-False
Spouses or children of state employees should not take any form of
compensation, payment or thing of value when they know, or should know, that it
is given to influence a vote or other official action. - ANSWER-True
Agency employees with the power to make purchases exceeding $35,000 are
required to file a limited financial disclosure (Form 1) by July 1st to the
commission on ethics - ANSWER-True
A cost analysis reviews and evaluates each budget line item to determine if each
item is allowable, reasonable, necessary and allocable. - ANSWER-True
A good scope of work clearly establishes all the specific tasks the provider is
required to prefrom - ANSWER-True
In a scope of work, the quantitative standards answer the questions who, how,
when and where. - ANSWER-False
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tuition. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now