Cppb domain iv - Study guides, Class notes & Summaries

CPPB DOMAIN IV – CONTRACT DEVELOPMENT AND MANAGEMENT EXAM...

CPPB Domain IV - Contract Development and Management Test with Approved Answers. 6 Elements of a Contract ️ 1)Offer and Acceptance 2)Definiteness 3)Legal Consideration 4)Mutuality of Obligation 5)Competent Parties 6)Legal Purpose Element of a Contract: Offer and Acceptance ️ A promise or comittment to do, or not do, a specified thing in the future. Example: provide a good or service. An acceptance is a promise to do something in response to an offer. Element of a Contract: Definitene...

6 Elements of a Contract - Correct Answer-1)Offer and Acceptance 2)Definiteness 3)Legal Consideration 4)Mutuality of Obligation 5)Competent Parties 6)Legal Purpose Element of a Contract: Offer and Acceptance - Correct Answer-A promise or comittment to do, or not do, a specified thing in the future. Example: provide a good or service. An acceptance is a promise to do something in response to an offer. Element of a Contract: Definiteness - Correct Answer-The material terms of an agreement th...

dy Guide CPPB Domain IV - Contract Development and Management Questions and Answers 6 Elements of a Contract - CORRECT ANSWER-1)Offer and Acceptance 2)Definiteness 3)Legal Consideration 4)Mutuality of Obligation 5)Competent Parties 6)Legal Purpose Element of a Contract: Offer and Acceptance - CORRECT ANSWER-A promise or comittment to do, or not do, a specified thing in the future. Example: provide a good or service. An acceptance is a promise to do something in response ...

6 Elements of a Contract 1)Offer and Acceptance 2)Definiteness 3)Legal Consideration 4)Mutuality of Obligation 5)Competent Parties 6)Legal Purpose Element of a Contract: Offer and Acceptance A promise or comittment to do, or not do, a specified thing in the future. Example: provide a good or service. An acceptance is a promise to do something in response to an offer. Element of a Contract: Definiteness The material terms of an agreement that are specifically expressed. Specificity is requi...

What is the focus of Contract Administration? It is the achievement of stated goals and objectives through contract performance. The field embraces a long standing recognition of three broad goals: A quality product On Time (delivery of quality goods) Within Budget (or agreed-to price) Contract administration must be practiced with full attention to: Applicable laws Regulations Policies What are the consequences to the public sector for poor contract management? End-user frustratio...

CPPB TEST - DOMAIN IV QUESTIONS & ANSWERS 2024/2025 PERFORMANCE ASSESSMENT PLAN (PAP) - ANSWERSEnsure supplier compliance to specifications is the development of PAP. Based on contract performance requirements Privity of contract - ANSWERSdeals with parties to a contract having the right to enforce it PRE-SOURCING (SPECIFICATION SCOPE STAGE) - ANSWERS1) Site visit to determine pre-existing conditions 2) Samples 3) Equipment Demonstrations 4) Proponents meeting DURING SOURCING (E...

6 Elements of a Contract correct answers1)Offer and Acceptance 2)Definiteness 3)Legal Consideration 4)Mutuality of Obligation 5)Competent Parties 6)Legal Purpose Element of a Contract: Offer and Acceptance correct answersA promise or comittment to do, or not do, a specified thing in the future. Example: provide a good or service. An acceptance is a promise to do something in response to an offer. Element of a Contract: Definiteness correct answersThe material terms of an agreement that are...

What is the focus of Contract Administration? correct answersIt is the achievement of stated goals and objectives through contract performance. The field embraces a long standing recognition of three broad goals: correct answersA quality product On Time (delivery of quality goods) Within Budget (or agreed-to price) Contract administration must be practiced with full attention to: correct answersApplicable laws Regulations Policies What are the consequences to the public sector for ...