Nigp exam Study guides, Class notes & Summaries

7 Rights of Purchasing - ANSWER-To obtain the right material in the right quantity for delivery at the right time to the right place from the right source(a responsive and responsible supplier) with the right service at the right price. Values - ANSWER-Enduring beliefs or ideals shared by public procurement about what is good or desirable and what is not in our actions. Goals - ANSWER-Long-term, tangible, attainable targets for an organization Policies - ANSWER-Plans, courses of action,...

NIGP Exam Questions and Answers All Correct A+B Bidding - Answer-A cost-plus-time bidding procedure that selects the low bidder based on a monetary combination of the contract bid items (A) and the time (B) needed to complete the project or a critical portion of the project. It is used to motivate the contractor to minimize the overall time on high priority and high usage projects. This encourages contractors to finish early by (1) offering bonuses for early completion and (2) assessing fi...

NIGP Exam Questions with Correct Answers (1) A+B Bidding - Answer-A cost-plus-time bidding procedure that selects the low bidder based on a monetary combination of the contract bid items (A) and the time (B) needed to complete the project or a critical portion of the project. It is used to motivate the contractor to minimize the overall time on high priority and high usage projects. This encourages contractors to finish early by (1) offering bonuses for early completion and (2) assessing fines ...

Your agency needs to construct a new high school. What's the difference between using the design-bid-build method versus design-build? Extra credit for explaining CM (construction manager) at risk. - ANSWER Design-bid-build method = The entity who needs a building constructed, or the project owner, hires a designer to draw up the schematics and plans for the building. The designer can then hire consultants as needed, who report directly to the designer. Once the building is drawn up, the d...

NIGP – CPP Exam With 100% Correct Answers 2023

NIGP CPP EXAM B Focus Area I (CPP-Module B Competency Statement: Choose and implement strategic improvements for the procurement function) 2024!!

NIGP CPP Exam Questions with Correct Answers You are leading the procurement for a new enterprise resource planning IT system that will be deployed across the entity. Proposers likely will use various subcontractors for integration, project management, and training. The users have expressed concern about financial viability of the successful contractor; the entity does not have the financial resources to mitigate risk from a default. What requirement would best protect the entity? - Answer-L...

Your agency needs to construct a new high school. What's the difference between using the design-bid-build method versus design-build? Extra credit for explaining CM (construction manager) at risk. - Answer Design-bid-build method = The entity who needs a building constructed, or the project owner, hires a designer to draw up the schematics and plans for the building. The designer can then hire consultants as needed, who report directly to the designer. Once the building is drawn up, the design...

You are leading the procurement for a new enterprise resource planning IT system that will be deployed across the entity. Proposers likely will use various subcontractors for integration, project management, and training. The users have expressed concern about financial viability of the successful contractor; the entity does not have the financial resources to mitigate risk from a default. What requirement would best protect the entity? - Answer- Legal or statutory requirements You are leadin...