FCCM COMBINED SET EXAM QUESTIONS WITH ALL CORRECT ANSWERS
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Course
FCCM
Institution
FCCM
FCCM COMBINED SET EXAM QUESTIONS WITH ALL CORRECT ANSWERS
Combination of Payment Methods - Answer-A contract may use one or all combinations of payment methods.
A contract for services that pay the provider a set amount for each hour worked is an example of which payment method? - Answer-Fixed...
FCCM COMBINED SET EXAM
QUESTIONS WITH ALL CORRECT
ANSWERS
Combination of Payment Methods - Answer-A contract may use one or all combinations
of payment methods.
A contract for services that pay the provider a set amount for each hour worked is an
example of which payment method? - Answer-Fixed Rate
Invitation to Bid, the focus is on - Answer-Price Only
Request for Proposals, the focus is on - Answer-Price and Quality
Invitation to Negotiate, the focus is on - Answer-Best Value
Competititve solicitations generally include - Answer-goals, scope of work, special
instructions, special contract conditions
3 minimum - Answer-If the solicitation is a category four or higher, how many members
must be on the evaluation team?
publically advertised - Answer-Competitive solicitations must be
the Florida Administrative Register (FAR) - Answer-Competitive solicitations must be
publically advertised on
responsive vendor - Answer-"a vendor that has submitted a bid, proposal or reply that
conforms in all material respects to the solicitations"
amount of time needed to provide "written notice of intent to protest" - Answer-72 hours
amount of time after intent to protest received that formal written protest due - Answer-
10 days
review process for contracts includes - Answer-programmatic, financial and legal review
5% interest - Answer-state employees are not allowed to procure a contract in which
they (or friends) have more than _______
each budget line must be - Answer-allowable, reasonable necessary and allocable
, noncompetitive agreements - Answer-cost analysis is legally required for _____
agreements with recipiients or cost reimbursement agreements - Answer-cost analysis
is best practice for _____
sources of authority for state funds - Answer-florida statutes, florida administrative code,
CFO memos, reference guide for state expenditures, catalog of state financial
assistance
sources of authority for federal funds - Answer-catalog of federal domestic assistance, 2
CFR part 200
allocation - Answer-how much time are employees working on this program?
deliverables, financial consequences, scope of work - Answer-required in contract
deliverables should be - Answer-quantifiable, measurable and verifiable
quarterly/quarterly, monthly/monthly - Answer-performance expectation should
correspond with payment schedule
35k - Answer-financial consequences are required for awards greater than
contract manager responsibilities - Answer-managing receipt of services,
monitoring/evaluating provider performance & user satisfaction, serving as liaison with
provider, cost reconciliation (grants)
important contract manager responsibility - Answer-maintaining contract management
file & providing written certification that services were completed
how long to have things uploaded to FACTS? - Answer-30 days
can you add additional requirmenta to contract in after contract meeting - Answer-no
after contract... - Answer-at the meeting provide a list of actjon items and responsible
parties
Complaint to Vendor list - Answer-bad but removable
PUR 9999 Notice of Default - Answer-worst list; must be on for 3 years, must pay for
cost of vendor replacement
five - Answer-XXXX workind days to observe supplies and materials before payment is
made
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