QPA EXAM Prep Questions And Answers Rated A+ New Update Assured Satisfaction
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Course
QPA
Institution
QPA
Prior negative experience - ️️Period of disqualification is 5 years, exception is if the
vendor has been disbarred.
Tie-in sale - ️️The sale of one product to a customer on the expressly stated
condition that a second product must be purchased. The customer may not want the
second produ...
QPA EXAM Prep
Prior negative experience - ✔️✔️Period of disqualification is 5 years, exception is if the
vendor has been disbarred.
Tie-in sale - ✔️✔️The sale of one product to a customer on the expressly stated
condition that a second product must be purchased. The customer may not want the
second product, or may be able to purchase it elsewhere at a lower price.
Project Labor Agreement "PLA" - ✔️✔️project specific labor agreement for projects 5
million or greater made w/various trade unions
Facts - ✔️✔️1. In NJ all contracts shall be in writing.
2. A "PO" is a contract.
3. In NJ the voucher is the acceptable form of payment.
4. A "no quote" is a quote.
5. One bid is sufficent to award a contract.
6. No local preference can be given.
Market Division - ✔️✔️Schemes are agreements in which competitors divide markets
among themselves. In such schemes, competing firms allocate specific customers or
types of customers, products, or territories among themselves.
Bid Thresholds - ✔️✔️QPA 40k / Non QPA 17.5K
Quote Threshold (15%) - ✔️✔️QPA 6k / Non QPA 2,625
Types of Contracts - ✔️✔️1. Goods and services
2. Professional
Bid Thresholds - ✔️✔️QPA 40k / Non QPA 17.5K
Mandatory Bid Items - ✔️✔️1. Bid guarantee
2. Consent of Surety
3. Statement of Corporate Ownership
4. Listing of sub-contractors
5. Acknowledgement of addenda
6. Iran disclosure
6 "R"s - Right: - ✔️✔️1. Price
2. Quality
, 3. Quantity
4. Time
5. Manner
6.
Used to evaluate competitive contracts - ✔️✔️1. Price
2. Other (technical & managerial)
Bid rigging notification - ✔️✔️1. County prosecuctor
2. Attorney general
Fatal flaw - ✔️✔️1. Statement of corporate ownership (stockholder disclosure)
Value engineering - ✔️✔️5 million threshold
"Remaining amount" - ✔️✔️means the value of similiar items for the remainder of the
current year and subsequent years.
Change order limit - ✔️✔️cannot exceed 20% of the base contract
Retainage - ✔️✔️to withhold up to 2% of progress payments until the project is
completed. Leverage for the owner.
6 Reasons to Reject Bid - ✔️✔️1. Lowest bid exceeds estimate
2. Lowest bid exceeds appropriation
3. Gov't body abandons project
4. Substantial revisions made to the project
5. Violates a law
6. Decide to use state contract
Multiple year contract examples (5): - ✔️✔️1. Recyclables
2. Data processing
3. Food services
4. Lighting - public streets
5. Collection of solid waste
6. Leasing of automobiles
7. Thermal energy production by cogeneration facility
8.Disposal of sewage sludge
Business Registration Certification "BRC" - ✔️✔️as proof of valid business registration
with NJ Division of Revenue. All contractors and subcontractors must provide this
documentation when seeking to do business in NJ, and other public agencies in this
state. (exception: 'not for profit' do not have to submit)
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