Nigp procurement Study guides, Class notes & Summaries

CTCD-Certified Texas Contract Developer Questions and Answers 2023/2024 Graded A+. Statewide Procurement Division (SPD) - ANSWER-central authority for state agencies in procurement for procurement guidance, education, statewide contract development services and delegation of purchasing authority Statewide Procurement Policy and Outreach - ANSWER-conducts policy research, provides training and certification for procurement professionals, and provides the division's customer service support...

CTCD-Certified Texas Contract Developer Questions and Answers 2023/2024 Graded A+. Statewide Procurement Division (SPD) - ANSWER-central authority for state agencies in procurement for procurement guidance, education, statewide contract development services and delegation of purchasing authority Statewide Procurement Policy and Outreach - ANSWER-conducts policy research, provides training and certification for procurement professionals, and provides the division's customer service support...

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 ...

NIGP-CPP Exam Questions with Correct Answers Sierra, a Procurement Director is developing her department's Continuity of Operations Plan. Which step should she do first to determine her departments essential functions? o Call a similar public entity and ask for a copy of their continuity of operation plan o Ask her customers what functions are most important to them o Document then list all procurement functions o Ask other entities who have experienced a disaster what their essential fu...

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...

What is the goal of public procurement? - Answer To obtain optimum market response at a fair price with quality and timeliness while serving long-term interests. What is the role of procurement as a strategic partner? - Answer To provide strategic value to governmental entities by working with stakeholders and advisers. What is the importance of strategic planning in procurement planning? - Answer It provides the framework to develop procurement strategy and tactics. What is the percent...

NIGP Terms Volume III Exam Questions and Answers Advance Payments - Answer-Agreed upon disbursements between buyer and seller made prior to the delivery of the contracted goods and services. Payments may be for a stated amount or for a percentage of the purchase price. Sometimes referred to as Cash in Advance. Agreement - Answer-An understanding between two or more parties in which they state a common understanding and intention regarding past or future intentions or facts, sometimes with a ...

Statewide Procurement Division (SPD) - ANSWER-central authority for state agencies in procurement for procurement guidance, education, statewide contract development services and delegation of purchasing authority Statewide Procurement Policy and Outreach - ANSWER-conducts policy research, provides training and certification for procurement professionals, and provides the division's customer service support through the outreach team Statewide Contract Development Team - ANSWER-develops ...

Public procurement is.... - The designated legal authority to advise, plan, obtain, deliver, and evaluate a government's expenditures on goods and services that are used to fulfill stated objectives, obligations, and activities in pursuit of desired policy outcomes. Materials Management... - embraces all functions related to the control and coordination of the movement of goods and maintenance, repair and operating items to, through, and out of the organization. May include functions such...

What is the goal of public procurement? - ANSWER-To obtain optimum market response at a fair price with quality and timeliness while serving long-term interests. What is the role of procurement as a strategic partner? - ANSWER-To provide strategic value to governmental entities by working with stakeholders and advisers. What is the importance of strategic planning in procurement planning? - ANSWER-It provides the framework to develop procurement strategy and tactics. What is the percent...