FCCM ACTUAL 2026 TEST PAPER QUESTIONS AND
SOLUTIONS GRADED A+
✔✔Financial Consequences - ✔✔-MUST be applied if provider fails to perform in
accordance with agreement
- Helps avoid settlement agreements
- Required on all agreements
- Ensures state only pays for services received
- Is NOT a termination clause
✔✔Administrators are responsible for........ - ✔✔- Creating and Maintaining a contract
file
- Maintaining financial information on all contracts
- Serving as the liaison between the contract manager and the department
✔✔For a contract of $500,000 or less annually..... - ✔✔the contract administrator CAN
serve as both the grant administrator and the contract manager
✔✔For a contract in EXCESS of $500,000 annually..... - ✔✔the contract administrator
may NOT serve as both the grant administrator and the contract manager
✔✔Oversight Teams for contracts of $5M or greater - ✔✔each agency head shall
establish continuing oversight teams consisting of four (4) people, including the contract
manager
Must meet at least quarterly
✔✔Oversight Teams for contracts of $10M or greater - ✔✔at least one person on the
oversight team must have 5 years of experience managing contracts of similar scope or
size
Must meet at least monthly
✔✔Oversight Teams for contracts of $20M or greater - ✔✔the team shall consist of at
least 5 persons. at least one member must be from different agency.
✔✔All communication should be.....? - ✔✔-Clear
-Explicit
-Documented
✔✔"Provider Onboarding" is our Kickoff meeting - ✔✔
✔✔Approval and inspection of goods or services shall not take longer than ___ working
days - ✔✔5
, ✔✔Agencies must approve and file invoices with the CFO within ___ days - ✔✔20
✔✔Liquidated damages - ✔✔A predetermined .damages to compensate the state for
any losses realized
✔✔ How long after an employee leaves a position with the state can they be employed
by a business that had a contract the agency employee managed at their former
agency? - ✔✔2 Years
✔✔Agency employees with the power to make purchases exceeding $35k are required
to file a Limited Financial Disclosure (FORM 1) by what date to the Commission on
Ethics? - ✔✔July 1
✔✔The Code of Ethics has standards that apply to agency employees and their families
which _____ - ✔✔Can extend beyond their period of employment
✔✔Alternate contract source, single source, PRIDE, and RESPECT are all examples of
which category of purchase? - ✔✔Exceptional Purchase
✔✔A contract for services that pays the provider a set amount for each hour worked is
an example of which payment method? - ✔✔Fixed Rate
✔✔Which statement below is TRUE about Forms PUR 1000 "General Contract
Conditions" and PUR 1001 "General Instructions to Respondents" for all competitive
procurements? - ✔✔Both forms must be used
✔✔If the solicitation is a Category _____ or higher, the agency head is required to
appoint at least 3 members to the negotiation team. - ✔✔Four ($195,000)
✔✔The Florida Statutes require notices of public meetings in the ____ and on the
agency's website at least 7 days prior to the meeting. - ✔✔Florida Administrative
Register (FAR)
✔✔Which two methods can be used to respond to vendor questions while a solicitation
is active? - ✔✔Written Q & A period; pre-response conference (you can always also ask
procurement officer!)
✔✔Performing a cost analysis is _____ for all agreements awarded on a non-
competitive basis. - ✔✔Legally required
✔✔Vendor Y has filed a written notice of protest with Agency X. How long does Vendor
Y have to officially file the formal written protest with Agency X? - ✔✔10 days
SOLUTIONS GRADED A+
✔✔Financial Consequences - ✔✔-MUST be applied if provider fails to perform in
accordance with agreement
- Helps avoid settlement agreements
- Required on all agreements
- Ensures state only pays for services received
- Is NOT a termination clause
✔✔Administrators are responsible for........ - ✔✔- Creating and Maintaining a contract
file
- Maintaining financial information on all contracts
- Serving as the liaison between the contract manager and the department
✔✔For a contract of $500,000 or less annually..... - ✔✔the contract administrator CAN
serve as both the grant administrator and the contract manager
✔✔For a contract in EXCESS of $500,000 annually..... - ✔✔the contract administrator
may NOT serve as both the grant administrator and the contract manager
✔✔Oversight Teams for contracts of $5M or greater - ✔✔each agency head shall
establish continuing oversight teams consisting of four (4) people, including the contract
manager
Must meet at least quarterly
✔✔Oversight Teams for contracts of $10M or greater - ✔✔at least one person on the
oversight team must have 5 years of experience managing contracts of similar scope or
size
Must meet at least monthly
✔✔Oversight Teams for contracts of $20M or greater - ✔✔the team shall consist of at
least 5 persons. at least one member must be from different agency.
✔✔All communication should be.....? - ✔✔-Clear
-Explicit
-Documented
✔✔"Provider Onboarding" is our Kickoff meeting - ✔✔
✔✔Approval and inspection of goods or services shall not take longer than ___ working
days - ✔✔5
, ✔✔Agencies must approve and file invoices with the CFO within ___ days - ✔✔20
✔✔Liquidated damages - ✔✔A predetermined .damages to compensate the state for
any losses realized
✔✔ How long after an employee leaves a position with the state can they be employed
by a business that had a contract the agency employee managed at their former
agency? - ✔✔2 Years
✔✔Agency employees with the power to make purchases exceeding $35k are required
to file a Limited Financial Disclosure (FORM 1) by what date to the Commission on
Ethics? - ✔✔July 1
✔✔The Code of Ethics has standards that apply to agency employees and their families
which _____ - ✔✔Can extend beyond their period of employment
✔✔Alternate contract source, single source, PRIDE, and RESPECT are all examples of
which category of purchase? - ✔✔Exceptional Purchase
✔✔A contract for services that pays the provider a set amount for each hour worked is
an example of which payment method? - ✔✔Fixed Rate
✔✔Which statement below is TRUE about Forms PUR 1000 "General Contract
Conditions" and PUR 1001 "General Instructions to Respondents" for all competitive
procurements? - ✔✔Both forms must be used
✔✔If the solicitation is a Category _____ or higher, the agency head is required to
appoint at least 3 members to the negotiation team. - ✔✔Four ($195,000)
✔✔The Florida Statutes require notices of public meetings in the ____ and on the
agency's website at least 7 days prior to the meeting. - ✔✔Florida Administrative
Register (FAR)
✔✔Which two methods can be used to respond to vendor questions while a solicitation
is active? - ✔✔Written Q & A period; pre-response conference (you can always also ask
procurement officer!)
✔✔Performing a cost analysis is _____ for all agreements awarded on a non-
competitive basis. - ✔✔Legally required
✔✔Vendor Y has filed a written notice of protest with Agency X. How long does Vendor
Y have to officially file the formal written protest with Agency X? - ✔✔10 days
