Nigp cpp - Study guides, Class notes & Summaries

NIGP CPPO Certification Exam 2023/2024 Questions and Answers. Surety - ANSWER a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - ANSWER The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - ANSWER 1. I...

Disadvantaged Business Entity - Business in which majority ownership belongs to members determined to be historically underprivileged because of a predetermined social advantage small business - an independently owned firm, corporation, or establishment having a small number of employees, low volume of sales, small amount of assets and limited impact on the market Small Business Administration - Congress created this administration, whose function is to "aid, counsel, assist and protect, i...

NIGP CPP Bridge Exam Questions and Answers All Correct Disadvantaged Business Entity - Answer-Business in which majority ownership belongs to members determined to be historically underprivileged because of a predetermined social advantage small business - Answer-an independently owned firm, corporation, or establishment having a small number of employees, low volume of sales, small amount of assets and limited impact on the market Small Business Administration - Answer-Congress created t...

Surety - a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - 1. Indication that an offeree is bound by the terms of the offer. 2. An indication by o...

Surety - Answer- a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - Answer- The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - Answer- 1. Indication that an offeree is bound by the terms of the offer...

NIGP CPP Bridge Exam Questions and Answers All Correct Disadvantaged Business Entity - Answer-Business in which majority ownership belongs to members determined to be historically underprivileged because of a predetermined social advantage small business - Answer-an independently owned firm, corporation, or establishment having a small number of employees, low volume of sales, small amount of assets and limited impact on the market Small Business Administration - Answer-Congress created ...

NIGP CPPO Certification Exam 2023/2024 Questions and Answers. Surety - ANSWER a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - ANSWER The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - ANSWER 1. I...

NIGP CPP EXAM B Focus Area I (CPP-Module B Competency Statement: Choose and implement strategic improvements for the procurement function) 2024!!

NIGP CPP EXAM B Focus Area I (CPP-Module B Competency Statement: Choose and implement strategic improvements for the procurement function) 2024!!

NIGP CPP Exam Questions with Correct Answers You are leading the procurement for a new enterprise resource planning IT system that will be deployed across the entity. Proposers likely will use various subcontractors for integration, project management, and training. The users have expressed concern about financial viability of the successful contractor; the entity does not have the financial resources to mitigate risk from a default. What requirement would best protect the entity? - Answer-L...