A procurement department is diligent to ensure that a solicitation does not have to be
canceled or re-competed. This activity achieves what entity goal?
Value analysis
Cost reduction
Efficiency
Cost avoidance
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, Cost avoidance
A buyer wanted to bundle a number of small requisitions for building supplies in order to
get quantity discounts and save on administrative costs. However, bundling may actually
increase costs. Why?
Evaluating the resultant bids will be a more difficult process requiring more time and staff
Pre-qualification will eliminate some potential bidders
The use of brand names will unnecessarily drive up the prices
It may restrict competition by eliminating smaller suppliers who can't bid on the entire
solicitation
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It may restrict competition by eliminating smaller suppliers who can't bid on
the entire solicitation
An entity is in the process of privatizing its EMT services. After researching the issue, the
county decided to divide the services into several services (by the type of call) because
service segmentation leads to:
In-house interest
Fewer Proposal protests
Bundled procurements
More competition
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, More competition
When preparing for a negotiation session, what knowledge will give the entity negotiator
the most power?
Knowing when to walk away from the table.
Having the most knowledge of cost analysis breakdown.
Identifying a secondary supplier in case the negotiations are not successful.
Knowing what the other side really wants and needs.
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Knowing what the other side really wants and needs.
A customer department is trying to determine what office equipment they need versus
what would be nice to have. What type of analysis should be conducted to address this
situation?
Conduct a cost analysis
Conduct a value analysis
Conduct a total cost of ownership analysis
Conduct a spend analysis
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Conduct a value analysis
, What signals the completion of the negotiation?
A written and executed contract
Selection of the type of contract to be used
Finalized negotiation documentation
An agreement reached at the negotiation table
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A written and executed contract
The City is developing a solicitation for a new fireboat? What type of specifications
should be used?
Design
Performance
Brand name or equivalent
Qualified Products List (QPL)
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Performance
What action should be taken after the contract has been closed out?
Place the contract files in permanent storage
Shred the files after 7 years
canceled or re-competed. This activity achieves what entity goal?
Value analysis
Cost reduction
Efficiency
Cost avoidance
Give this one a try later!
, Cost avoidance
A buyer wanted to bundle a number of small requisitions for building supplies in order to
get quantity discounts and save on administrative costs. However, bundling may actually
increase costs. Why?
Evaluating the resultant bids will be a more difficult process requiring more time and staff
Pre-qualification will eliminate some potential bidders
The use of brand names will unnecessarily drive up the prices
It may restrict competition by eliminating smaller suppliers who can't bid on the entire
solicitation
Give this one a try later!
It may restrict competition by eliminating smaller suppliers who can't bid on
the entire solicitation
An entity is in the process of privatizing its EMT services. After researching the issue, the
county decided to divide the services into several services (by the type of call) because
service segmentation leads to:
In-house interest
Fewer Proposal protests
Bundled procurements
More competition
Give this one a try later!
, More competition
When preparing for a negotiation session, what knowledge will give the entity negotiator
the most power?
Knowing when to walk away from the table.
Having the most knowledge of cost analysis breakdown.
Identifying a secondary supplier in case the negotiations are not successful.
Knowing what the other side really wants and needs.
Give this one a try later!
Knowing what the other side really wants and needs.
A customer department is trying to determine what office equipment they need versus
what would be nice to have. What type of analysis should be conducted to address this
situation?
Conduct a cost analysis
Conduct a value analysis
Conduct a total cost of ownership analysis
Conduct a spend analysis
Give this one a try later!
Conduct a value analysis
, What signals the completion of the negotiation?
A written and executed contract
Selection of the type of contract to be used
Finalized negotiation documentation
An agreement reached at the negotiation table
Give this one a try later!
A written and executed contract
The City is developing a solicitation for a new fireboat? What type of specifications
should be used?
Design
Performance
Brand name or equivalent
Qualified Products List (QPL)
Give this one a try later!
Performance
What action should be taken after the contract has been closed out?
Place the contract files in permanent storage
Shred the files after 7 years
