AND ANSWERS
Responsibility rests with an authorized professional and is not incidental to other functions. -
ANS What is a centralized purchasing system?
What is the purpose of the UCC? - ANS To simplify, clarify, and modernize the law governing
commercial transaction; to permit the continued expansion of commercial practices through
custom, usage and agreement of the parties; and, to make uniform the law among the various
jurisdictions
Express authority, implied authority, and apparent authority - ANS What is the three types of
authority an agent has?
Competitive sealed bidding, competitive contracting, and competitive quotations. -
ANS What are the types of contracts?
Goods and services must be recognized in the Right time, at the right price, in the right quality,
in the right quantity, from the right source and in the right manner - ANS What are the 6 R's
of purchasing?
communication, cooperation, and coordination - ANS What are the 3 C's?
1) Bid proposals, 2) Requisition, 3) Purchase order, 4) Receiving report, 4) Voucher -
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ANS What are the basic purchasing forms?
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, 40A:11-1 et seq (short title citation) - ANS What is the Local Public Contracts Law?
Notice to bidders, bid proposal form, consent of surety, acknowledgment of receipt of
addenda, stockholder disclosure certification, business registration certificate, and Non-
collusion affadavit. - ANS What are some types of forms required in Specifications?
Notice to bidders, bid proposal form, consent of surety, acknowledgment of receipt of
addenda, stockholder disclosure certification, business registration certificate, and Non-
collusion affadavit - ANS What are some types of forms required in Specifications?
Cooperative pricing, joint purchasing system, county cooperative contract purchasing, and
regional cooperative pricing. - ANS What are the different types of purchasing systems?
New Jersey Administrative Code - ANS What does N.J.A.C stand for?
New Jersey Statute annotated - ANS What does N.J.S.A. stand for?
Division of Revenue and Enterprise Services (DORES) - ANS What does DORES stand for?
Remaing amount means the value of similar goods and services that are needed for the
remainder of the current year, plus those similar goods and services to be needed in the
subsequent contract year. - ANS What is remainning amount?
EUS stands for Extraordinary Unspecifiable Services. 40A:11-6.1 - ANS What does EUS stand
for and what does it mean?
The right to local self-government to be an absolute right which could not be abridged. Many
local governments existed before state governments he argued and therefore, were parallel to
the states and should continue for "all time". - ANS What is the Cooley Doctrine?
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