NJ QPA UPDATED EXAMS TEST PAPER QUESTIONS
AND ANSWERS SURE A+
✔✔When do you need to report purchases to State Comptroller? - ✔✔$2.5 - $12.5
million = 20 business days AFTER contract is awarded
$12.5 million+ = 30 business days PRIOR to public advertisement
$2.5+ and emergency work = 30 business days AFTER contract is awarded
✔✔What is the bid threshold with a QPA? - ✔✔$44,000
✔✔How long before a bid is due should it be advertised? - ✔✔At least 10 days, can't
open on a Monday or a day after a federal holiday
✔✔What was the last time the bid threshold was adjusted? - ✔✔March 2020, enacted
July 2020, happens every 5 years
✔✔What does it mean to be the lowest responsible bidder? - ✔✔- Responsive: all
materials are included
- Responsible: able to handle the job
✔✔Reasons you can reject a bid? - ✔✔- Lowest bid substantially exceeds cost
estimates for G&S
- Lowest bid substantially exceeds appropriations for G&S
, - Governing body abandons project
- Governing body substantially updates project specs
- Items are available on state contract
✔✔How long should RFP's for competitive contract and municipal solid waste be
advertised for? - ✔✔- Competitive Contract = 20 days
- Municipal Solid Waste = 60 days
✔✔How long does addenda need to be published for? - ✔✔At least 7 days before bid
opening
✔✔What is a bid security and what form can they be submitted in? - ✔✔Intended to
ensure the bidder enters into a contract if they receive the award and will provide a
performance bond if required
Can be in the form of a cashier's check, cash, or bid bond in the amount of 10% of the
contract amount up to $20k
✔✔What is a consent of surety? - ✔✔Certificate in the full amount of the bid price from
a surety company
Required for construction projects over $100k
MUST be submitted with a bid
✔✔What is a performance bond? - ✔✔Bond in the amount of 100% of the contract
amount
Submitted with the contract (surety guarantees this bond is possible)
Not released until work is final and accepted
✔✔What is a maintenance bond? - ✔✔Submitted once work is completed and accepted
Guarantees against defective quality or materials for period up to 2 years
✔✔What are non-curable defects in a bid package? - ✔✔- Consent of surety
(REQUIRED for construction)
- Bid guarantee
- Statement of ownership
- Iran Disclosure
- Document checklist (REQUIRED for construction projects)
- Subcontractor list
✔✔What methods can be used for vendor selection? - ✔✔- Competitive sealed bidding
AND ANSWERS SURE A+
✔✔When do you need to report purchases to State Comptroller? - ✔✔$2.5 - $12.5
million = 20 business days AFTER contract is awarded
$12.5 million+ = 30 business days PRIOR to public advertisement
$2.5+ and emergency work = 30 business days AFTER contract is awarded
✔✔What is the bid threshold with a QPA? - ✔✔$44,000
✔✔How long before a bid is due should it be advertised? - ✔✔At least 10 days, can't
open on a Monday or a day after a federal holiday
✔✔What was the last time the bid threshold was adjusted? - ✔✔March 2020, enacted
July 2020, happens every 5 years
✔✔What does it mean to be the lowest responsible bidder? - ✔✔- Responsive: all
materials are included
- Responsible: able to handle the job
✔✔Reasons you can reject a bid? - ✔✔- Lowest bid substantially exceeds cost
estimates for G&S
- Lowest bid substantially exceeds appropriations for G&S
, - Governing body abandons project
- Governing body substantially updates project specs
- Items are available on state contract
✔✔How long should RFP's for competitive contract and municipal solid waste be
advertised for? - ✔✔- Competitive Contract = 20 days
- Municipal Solid Waste = 60 days
✔✔How long does addenda need to be published for? - ✔✔At least 7 days before bid
opening
✔✔What is a bid security and what form can they be submitted in? - ✔✔Intended to
ensure the bidder enters into a contract if they receive the award and will provide a
performance bond if required
Can be in the form of a cashier's check, cash, or bid bond in the amount of 10% of the
contract amount up to $20k
✔✔What is a consent of surety? - ✔✔Certificate in the full amount of the bid price from
a surety company
Required for construction projects over $100k
MUST be submitted with a bid
✔✔What is a performance bond? - ✔✔Bond in the amount of 100% of the contract
amount
Submitted with the contract (surety guarantees this bond is possible)
Not released until work is final and accepted
✔✔What is a maintenance bond? - ✔✔Submitted once work is completed and accepted
Guarantees against defective quality or materials for period up to 2 years
✔✔What are non-curable defects in a bid package? - ✔✔- Consent of surety
(REQUIRED for construction)
- Bid guarantee
- Statement of ownership
- Iran Disclosure
- Document checklist (REQUIRED for construction projects)
- Subcontractor list
✔✔What methods can be used for vendor selection? - ✔✔- Competitive sealed bidding
