For purchases exceeding $3,000, how 3 quotes
many quotes are acceptable?
Purchases under $3,000 must be equally True
distributed among qualified suppliers?
For purchases in excess of $3,000, the KO
_____ shall solicit quotations from a
reasonable number of qualified sources.
The KO shall establish and maintain True
documentation of ORAL quotes to
determine the best value for the
government.
The supplies or services with an Small Business (SAP 3-1)
anticipated dollar value more than
$3,000, but less than $150,000 ($100,000
- SAP isn't updated yet) are reserved
exclusively for?
Simplified Acquisition Procedures are 2, micro-purchase & simplified Acquisitions
divided into how many categories?
, SK1 SWE
The form used to purchase supplies if OF-347
the cost is less than or equal to $3,000?
Solicit RFQ's, IFB's, or RFP's/ award contracts/ document receipts of suppli
The use of the SF-1449 is to?
(SAP 12-13)
The form used to amend a solicitation of SF-30 (SAP 12-1)
a contract is what?
A legally binding relationship obligating CONTRACT
the seller to furnish the supplies and
services and the buyer to pay for them is
called a?
$150,000 ($100,000 SAP) inside US
The simplified acquisition threshold
1 Million outside US
stops at how much?
(SAP 1-1)
The form used to purchase supplies and SF-1449
services if the cost is equal or greater
than $3,000?
The count team uses what method of THE BLIND COUNT (SPPM 3-E-8)
counting during the count?
, SK1 SWE
A review of all Transactions, shipments discrepancies, and catalog change
What is minimum causative research
sections since last inventory
OM&S assets valued at less than $2,000 Random sample inventory
is what?
These people review count sheets, The Research and adjustment personnel, RA's
reconcile the inventory, create
adjustment reports, and prepare the
inventory package for the PCO?
These people carry out a count of Count Team
OM&S inventory items?
This person supervises the entire PCO
inventory process, he certifies the
inventory and forwards the package to
the CO?
The sample OM&S inventory report is 4th quarter
due when?
Capitalized OM&S is everything with a $2,000
value equal to or greater than?
, SK1 SWE
Capitalized OM&S inventory report is 4th quarter
due when?
What is used to compare the physical Master count sheet
inventory count to the count in CMplus?
The count team turns in all count sheets the RA's
to whom when completed?
What determines the number of items in Sample Size Table in the (SPPM 3-E-12)
a sample count report?
This person certifies the inventory as PCO
correct?
When necessary, they prepare the CG- The RA's
3114 form?
What scheduled requirements are semi-annual random counts/ 4th quarter inventory of capitalized assets/4t
considered minimal for effective quarter random counts.
inventory control?
What form should you count team use to cg-3114
report inventory losses and gains?
For second and subsequent inventory 2 new counters
counts, there must be what?