OMES CPO REVIEW Exam Questions And
Answers |Latest 2025 | Guaranteed Pass
Procurement - Answer✔Purchasing, renting leasing or otherwise acquiring any supplies,
services or construction; includes all functions that pertain to the acquisition, including
description of requirements, selection & solicitation of sources, preparation & award of
contract, & all phases of contract administration
Good Faith - Answer✔Each party must act with honesty & integrity & should not attempt to
deceive or defraud another party
Fiduciary Duty - Answer✔"An individual's obligation to serve the best interests of selected
stakeholders [taxpayers], especially those of their employer [the state]" - NASPO
Primary objective of public procurement - Answer✔Satisfy the minimum need of the
organization
Barriers to maximum competition that disenable smaller bidders to compete - Answer✔Making
solicitations unnecessarily restrictive and "bundling" items or services so that smaller bidders
are unable to compete
Ex: Requiring a statewide 2-hour response time on a maintenance contract that restricts the
award to one vendor. A multiple-award option increases competition.
Private sector vs. public sector procurement - Answer✔§ In the private sector, a buyer can do
whatever is not prohibited by law
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§ In the public sector, a buyer can do ONLY what is authorized by law and implementing rules
State Agency Chief Administrative Officer (CAO) - Answer✔Sign a sole source/sole brand
certification
In order to acquire surplus property - Answer✔The agency must contact property distribution
to determine property availability.
Statewide contract - Answer✔Written with a provision and a specific period allowing state
agencies to place orders as acquisitions are needed.
Exempt from Bid - Answer✔Procurements that are made under the State Use Act are listed this
way.
The dollar threshold for a mandatory statewide contract - Answer✔Any amount can be used to
create this.
A determination of bidder "responsibility" made by the contracting officer when choosing a
bidder. - Answer✔The bidder must have the financial resources to complete the contracted
work.
Disqualified Bidder - Answer✔What happens when any of the bid specifications are used by the
bidder.
The basis for contract award decisions - Answer✔In a solicitation the evaluation criteria for the
award informs prospective bidders.
Limit contact - Answer✔During the solicitation process the contracting officer does this
between suppliers and agency personnel
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Reciprocity - Answer✔Something applied against a bidder whose home jurisdiction has
preference
State Agency Chief Administrative Officer (CAO) - Answer✔Required to sign the document
ratifying an unauthorized commitment
Nonresponsive - Answer✔If a vendor refuses to submit a VPAT they are considered to be this.
Lowest responsible bidder - Answer✔To be awarded construction contracts, the bidder must be
this.
To encourage collaboration - Answer✔The primary goal of the Open Range Program
Public Competitive Bidding Act - Answer✔Law that prescribes provisions for bid notices and
contract award for public construction projects
The procurement process begins - Answer✔The product or service need has been identified
Acquisitions greater than $5000.01 and less than 10K require... - Answer✔3 quotes from
registered bidders
Request for Quotation (RFQ) - Answer✔This is the most appropriate type of solicitation for
informal competitive solicitations
A fair and reasonable acquisition - Answer✔Goods or services valued at less than $5000 can be
purchased by a State Agency because it's considered this type of acquisition
Bond Oversight Commission - Answer✔Approves a lease-purchase agreement for real or
personal property or equipment
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