Exam (elaborations)
MCPPO-PUBLIC CONTRACTING OVERVIEW TEST
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MCPPO-PUBLIC CONTRACTING OVERVIEW TEST...
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MCPPO-PUBLIC CONTRACTINGOVERVIEW TEST
Best Value - ANSWER Contracts are awarded based on numerous variables.
Factors for Awarding Contracts - ANSWER The vendor's ability to effectively
perform the contract on time and at the quality level stipulated, at the provided
price.
The technical quality of the products or services offered
The vendor's previous performance on similar contracts.
The primary goal of public purchasing is to obtain the resources, services, and
facilities that public organisations demand.
When and where materials, services, and facilities are required.
At the most reasonable price offered,
Through open and fair competition
A reasonable cost
Procurement-related key control activities include establishing authority for
transaction approval.
Establishing Responsibility for Executing Transactions.
Segregation of Duties
Controlling access to assets and records.
Monitoring
, previous appropriation - ANSWER Municipal finance law and state law prevent
cities and towns from spending funds on specific items beyond the designated
appropriation without prior authorisation before signing into a contract.
Four aspects of a contract are ANSWER mutual assent,
Offer and Acceptance
Consideration (amount paid, but can be another type of payment)
Contract Terms
Prohibit Payment - ANSWER You cannot pay a vendor unless there is a formal
contract under the law, even if they have delivered supplies and services
Collective Purchasing Agreement - ANSWER: One of the participating
jurisdictions will take the lead in advertising and winning the contract, as well
as acting as the group's procurement officer. Only those who participated from
the start can make purchases under the contract.
Prohibitive payment - ANSWER MA law forbids paying a vendor under an
illegal contract, even if the vendor provides supplies and services.
Collective Purchasing Agreement - ANSWER: One of the participating
jurisdictions will take the lead in advertising and winning the contract, as well
as acting as the group's procurement officer. Only the jurisdictions that
participated in the original procurement can make purchases under the contract.
Public Procurement Law - ANSWER Allows the use of proprietary
specifications under certain instances.
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