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FCCM Study Set UPDATED Exam Questions and CORRECT Answers

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FCCM Study Set UPDATED Exam Questions and CORRECT Answers Florida Commission On Ethics - CORRECT ANSWER enforcing ethical standards (update) Limited Financial Disclosure - CORRECT ANSWER - Responsible for defining and - Must be filed by any employee with the power to make purchases exceeding $35,000 and must be filed annually with commission on ethics by July 1. Failure to file can lead to fines of $25 per day for each day after September 1 up to $1500

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FCCM Study Set UPDATED Exam
Questions and CORRECT Answers
Florida Commission On Ethics - CORRECT ANSWER - Responsible for defining and
enforcing ethical standards (update)


Limited Financial Disclosure - CORRECT ANSWER - Must be filed by any employee
with the power to make purchases exceeding $35,000 and must be filed annually with
commission on ethics by July 1. Failure to file can lead to fines of $25 per day for each day after
September 1 up to $1500


Attestation of non-competitive Procurement - CORRECT ANSWER - Strongly
recommended. For non-competitive Procurement in excess of category two you must a test in
writing that you are independent of and have no conflict of interest in the entities evaluated and
selected.


Invitation to Bid Priority is... - CORRECT ANSWER - Price



Request for Proposal priority is... - CORRECT ANSWER - Price plus quality



Invitation to Negotiate priority is... - CORRECT ANSWER - Best Value (to Florida based
on price, quality, design, work)


What category requires a 3 person panel? - CORRECT ANSWER - Category 4 195k and
higher


Where must all competitive solicitations be posted? - CORRECT ANSWER - Vendor Bid
System VBS


Where must you notice public meetings? - CORRECT ANSWER - Florida Administrative
Register (FAR)

,At what contract level is competitive solicitation required? - CORRECT ANSWER -
Category 2 35k or higher


At what contract level is a Limited Financial Disclosure Required? - CORRECT
ANSWER - Category 2 35k or higher


What payment method is used when a project is divided into intervals with payment distributed
at those intervals? - CORRECT ANSWER - Fixed Price


What documents are commonly included in a competitive solicitation? - CORRECT
ANSWER - Scope of Work
BOTH PUR Forms
Special instructions to respondents
Special Contract Conditions


What contract category must be reviewed and approved at the programmatic, financial and legal
levels? - CORRECT ANSWER - Category 3 65k or higher



How much time do you have to file an INTENT to protest? - CORRECT ANSWER - 72
hours


How many days does the contract manager have to inspect goods/services? - CORRECT
ANSWER - 5 working days


How much time does that Agency have to file and approve with the CFO? - CORRECT
ANSWER - 20 days


Decision makers during procurement cannot work for that contractor on that contract for how
long? - CORRECT ANSWER - The life of the contract

, How many years after retirement or termination must a contract manager not have employment
with businesses in the contracts they managed? - CORRECT ANSWER -2



Where do you file FORM 1? - CORRECT ANSWER - Florida Commission on Ethics



What is the deadline to file FORM 1 and how frequently? - CORRECT ANSWER - July 1
annually


What is the prohibited percentage of business ownership for you or relatives related to
procurement with the state? - CORRECT ANSWER - 5% or higher



What is in the Cost Analysis? - CORRECT ANSWER - DFS:
Deliverables
Financial Requirements or Consequences???
Scope of Work


What 4 criteria does a cost analysis meet? - CORRECT ANSWER - ALLOWABLE
(statutory authority)
NECESSARY (crucial to success)
REASONABLE (going rate)
ALLOCATION (% we pay)


Cost analysis is legally required for... - CORRECT ANSWER - all non competitive
agreements awarded


Who performs the cost analysis? - CORRECT ANSWER - Agency

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