Mcppo overview - Study guides, Class notes & Summaries

Public Purchasing Objectives:  obtain the materials, services and facilities required by public organizations, when and where the materials, services, and facilities are needed, at the best price reasonably available through open, fair competition, at a reasonable cost. Price = ?  contract amount Cost =?  What's paid to vendor and other cost associated e.g., soft costs -time, research, etc., bid process, contract administration. Key control activities related to procureme...

Best Value  Awarding contracts based on several factors Factors for Awarding Contracts  Vendor's ability to successfully complete the contract on time and at the quality level specified, at the offered price Technical quality of the supplies or services offered Vendor's Past performance on similar contracts. Principal Objective of Public Purchasing  Obtain the materials, services, and facilities are required by public organizations, When and where the materials, services...

MCPPO-Public Contracting Overview Study guide with Correct answers Best Value - Answer-Awarding contracts based on several factors Factors for Awarding Contracts - Answer-Vendor's ability to successfully complete the contract on time and at the quality level specified, at the offered price Technical quality of the supplies or services offered Vendor's Past performance on similar contracts. Principal Objective of Public Purchasing - Answer-Obtain the materials, services, and faciliti...

MCPPO Public Contracting Overview Study Guide with Correct Answers Less than $10,000 - Answer-Sound Business Practices-ensuring the receipt of a favorable price by periodically soliciting price lists or quotes. At least $10,000 but not more than $50,000 - Answer-Written Price Quotations-solicit at least 3 written quotes from vendors that customarily provide the supplies or services you are procuring, and award the contract to the responsible vendor who gives you the lowest written quote th...

Best value  means awarding contracts based on several factors: a vendors ability to successfully complete the contract on time, at the quality level pecified, at the offered price. technical quality of the supplies and services offered and the vendors past performance on similar contracts. The principal objectives of the public purchasing  obtain materials, services, and facilities required by public organizations, when and where the materials services and facilities are needed,...

MCPPO Public Contracting Overview: Public Purchasing Principles Study Guide with Complete Solutions Best value - Answer-means awarding contracts based on several factors: a vendors ability to successfully complete the contract on time, at the quality level pecified, at the offered price. technical quality of the supplies and services offered and the vendors past performance on similar contracts. The principal objectives of the public purchasing - Answer-obtain materials, services, and faci...