Exam (elaborations)
MCPPO PUBLIC CONTRACTING OVERVIEW EXAM
- Course
- Institution
MCPPO PUBLIC CONTRACTING OVERVIEW EXAM ...
[Show more]
Content preview
MCPPO PUBLIC CONTRACTINGOVERVIEW EXAM 2024-2025
Less than $10,000 - ANSWER Sound business practices entail seeking price
lists or quotes regularly to ensure a favourable price.
At least $10,000 but no more than $50,000 - ANSWER Written Price
Quotations-solicit at least three written quotes from vendors who typically
provide the supplies or services you are looking for, and award the contract to
the responsible vendor who provides the lowest written quote that meets your
purchase specifications.
Responsible Vendor - ANSWER Under MGL 30B, a responsible vendor
possesses the ability to completely meet the contract requirements as well as the
integrity and dependability required to ensure good faith performance.
More than $50,000 - ANSWER Advertised Competition: A sealed bid or
proposal must be advertised.
The IFB Process - ANSWER Process requires you to choose the lowest-priced
proposal from a reputable and responsive vendor who meets your buying
requirements.
RFP Process - ANSWER Allows you to award a contract to the responsible and
responsive bidder who makes the best proposal based on pricing and the
comparison criteria specified in the RFP.
Chief Procurement Officer - ANSWER In charge of all actions relating to
purchasing, leasing, renting, or otherwise obtaining products or services for a
, jurisdiction, regardless of contract value. Only a Chief Procurement Officer is
authorised to conduct a request for proposal under Chapter 30B.
-Appointed Chief Procurement Officer.
-Jurisdiction must state in writing that choosing the most advantageous offer
necessitates comparison judgements in addition to price.
-The reasons for the determination must be documented. ANSWER: What is
required to use the Chapter 30B RFP process?
Proprietary specifications - ANSWER Cite specific brand names or restrict
procurement to a single product.
Difference between IFB and RFP awards - ANSWER - In an IFB award, you
will choose the best-priced bid from a responsible and responsive bidder.
-RFP, you will choose the most advantageous responsible and responsive
proposal, taking into account both price and non-price bids.
only Source Procurement is the purchasing of supplies or services from a single
or only source without any advertising or competition.
Ch 30B 7 allows sole source procurement of supplies or services worth $50,000
or less when a reasonable examination reveals that there is only one practical
source for the needed supply or service. - ANSWER: When can sole-source
procurement be used?
If you conclude in writing, following reasonable research, that there is only one
practicable source for the items. - ANSWER: When may you employ sole
source procurement for contracts worth more than $50,000?
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 luzlinkuz. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77851 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now