NIGP-CPP Bridge
Types of risk - CORRECT ANSWER-proposal, surety/liability, schedule, price,
contractual, performance,
Sourcing strategies - CORRECT ANSWER-Alternative procurement plans that give
guidance to assess, evaluate, and manage the supply base in ways that are consistent
with overall entity objectives
Performance Specifications - CORRECT ANSWER-Describes the desired outcome or
intended use of a commodity and how the commodity will perform (# of items, distance
to travel, time required)
Design specifications - CORRECT ANSWER-Establishes characteristics an item must
possess, including details including how it is to be manufactures. May include plans or
drawings, and blueprints
Combination specifications - CORRECT ANSWER-This type of specification includes
the elements of both design and performance specifications.
IFB - CORRECT ANSWER-Competitive sealed responses when price is the basis for
award
RFP - CORRECT ANSWER-The document used to solicit proposals from potential
providers for goods and services. Price is usually not a primary evaluation factor.
RFQu - CORRECT ANSWER-A document which is issued by a procurement entity to
obtain statements of the qualification of potential responders to gauge a potential
competition in the marketplace. Used prior to issuing a solicitation.
Tariff - CORRECT ANSWER-A government tax or duty on imports or exports
Embargo - CORRECT ANSWER-an official ban on trade or other commercial activity
with a particular country.
EXW (ex works) - CORRECT ANSWER-delivery takes place at the seller's premises or
another named place. Seller doesn't need to load goods on collecting vehicle, nor does
it clear the goods for export, where such clearance is applicable.
Sustainable construction - CORRECT ANSWER-The practice of creating structures and
using processes that are environmentally responsible and resource-efficient throughout
the lifecycle of the building.
, Leadership in Energy and Environmental Design (LEED) - CORRECT ANSWER-An
internationally recognized green building certification system and is one of the most
popular green building certification programs used worldwide.
acquisition - CORRECT ANSWER-The process of acquiring property or services that
are already in existence, or that must be created, developed, demonstrated and
evaluated.
Strategic Planning - CORRECT ANSWER-A course of action to achieve long-range
goals, generally up to five years. Reflects the company's direction and its purpose as
stated in its mission statement.
Tactical planning - CORRECT ANSWER-A course of action to achieve short-term goals,
generally within a year or less. They are concerned with what the units beneath top
management must do, how they must do it and who has the responsibility. They have
shorter time frames and narrower scopes that the strategic plans.
regulation - CORRECT ANSWER-A statement by a governmental body to implement,
interpret, or prescribe law or policy, or to describe the organization, procedure, or
practice, often promulgated in accordance with an administrative procedure act.
policy - CORRECT ANSWER-A governing principle or plan that establishes the general
parameters for an organization to follow in carrying out its responsibilities.
procedure - CORRECT ANSWER-An established or official way of doing something
Common Law - CORRECT ANSWER-(civil law) a law established by following earlier
judicial decisions
responsible - CORRECT ANSWER-A business entity or individual who has the integrity
and reliability as well as the financial and technical capacity to perform the requirements
of the solicitation and subsequent contract.
Responsive - CORRECT ANSWER-A bid or proposal that fully conforms in all material
respects to the Invitation for Bids/ Request for Proposals and all of its requirements,
including all forms and substance.
Actual Authority - CORRECT ANSWER-Specific right to perform acts and make
decision or prescribe rules governing the conduct of others as given to an agent by a
principal.
Express Authority - CORRECT ANSWER-the authority of an agent, stated in the
document or agreement creating the agency
Implied Authority - CORRECT ANSWER-Authority that is not expressed or written into
the contract, but is only determined by inferences and reasonable deductions about
Types of risk - CORRECT ANSWER-proposal, surety/liability, schedule, price,
contractual, performance,
Sourcing strategies - CORRECT ANSWER-Alternative procurement plans that give
guidance to assess, evaluate, and manage the supply base in ways that are consistent
with overall entity objectives
Performance Specifications - CORRECT ANSWER-Describes the desired outcome or
intended use of a commodity and how the commodity will perform (# of items, distance
to travel, time required)
Design specifications - CORRECT ANSWER-Establishes characteristics an item must
possess, including details including how it is to be manufactures. May include plans or
drawings, and blueprints
Combination specifications - CORRECT ANSWER-This type of specification includes
the elements of both design and performance specifications.
IFB - CORRECT ANSWER-Competitive sealed responses when price is the basis for
award
RFP - CORRECT ANSWER-The document used to solicit proposals from potential
providers for goods and services. Price is usually not a primary evaluation factor.
RFQu - CORRECT ANSWER-A document which is issued by a procurement entity to
obtain statements of the qualification of potential responders to gauge a potential
competition in the marketplace. Used prior to issuing a solicitation.
Tariff - CORRECT ANSWER-A government tax or duty on imports or exports
Embargo - CORRECT ANSWER-an official ban on trade or other commercial activity
with a particular country.
EXW (ex works) - CORRECT ANSWER-delivery takes place at the seller's premises or
another named place. Seller doesn't need to load goods on collecting vehicle, nor does
it clear the goods for export, where such clearance is applicable.
Sustainable construction - CORRECT ANSWER-The practice of creating structures and
using processes that are environmentally responsible and resource-efficient throughout
the lifecycle of the building.
, Leadership in Energy and Environmental Design (LEED) - CORRECT ANSWER-An
internationally recognized green building certification system and is one of the most
popular green building certification programs used worldwide.
acquisition - CORRECT ANSWER-The process of acquiring property or services that
are already in existence, or that must be created, developed, demonstrated and
evaluated.
Strategic Planning - CORRECT ANSWER-A course of action to achieve long-range
goals, generally up to five years. Reflects the company's direction and its purpose as
stated in its mission statement.
Tactical planning - CORRECT ANSWER-A course of action to achieve short-term goals,
generally within a year or less. They are concerned with what the units beneath top
management must do, how they must do it and who has the responsibility. They have
shorter time frames and narrower scopes that the strategic plans.
regulation - CORRECT ANSWER-A statement by a governmental body to implement,
interpret, or prescribe law or policy, or to describe the organization, procedure, or
practice, often promulgated in accordance with an administrative procedure act.
policy - CORRECT ANSWER-A governing principle or plan that establishes the general
parameters for an organization to follow in carrying out its responsibilities.
procedure - CORRECT ANSWER-An established or official way of doing something
Common Law - CORRECT ANSWER-(civil law) a law established by following earlier
judicial decisions
responsible - CORRECT ANSWER-A business entity or individual who has the integrity
and reliability as well as the financial and technical capacity to perform the requirements
of the solicitation and subsequent contract.
Responsive - CORRECT ANSWER-A bid or proposal that fully conforms in all material
respects to the Invitation for Bids/ Request for Proposals and all of its requirements,
including all forms and substance.
Actual Authority - CORRECT ANSWER-Specific right to perform acts and make
decision or prescribe rules governing the conduct of others as given to an agent by a
principal.
Express Authority - CORRECT ANSWER-the authority of an agent, stated in the
document or agreement creating the agency
Implied Authority - CORRECT ANSWER-Authority that is not expressed or written into
the contract, but is only determined by inferences and reasonable deductions about
