NIGP Questions with Answers
NIGP Questions with Answers A+B Bidding - Answer-A cost-plus-time bidding procedure that selects the low bidder based on a monetary combination of the contract bid items (A) and the time (B) needed to complete the project or a critical portion of the project. It is used to motivate the contractor to minimize the overall time on high priority and high usage projects. This encourages contractors to finish early by (1) offering bonuses for early completion and (2) assessing fines for late completion. ABA Model Procurement Code for State and Local Government - Answer-Developed by the American Bar Association (ABA) and adopted in 1979, it is a collection of statutory principles and policies that provides guidance to public policy managers who wish to responsibly manage public procurement. State and larger local governments have individually codified it into procurement law and policy to effectively guide their procurement organizations. The code was updated in 2000 and contained enhancements in the following areas: Electronic Commerce, Cooperative Purchasing, Flexibility in Purchasing Methods and Processes for Delivery of Infrastructure Facilities and Services. Also called Model Procurement Code. ABA Model Procurement Ordinance for Local Governments - Answer-A code similar to the ABA Model Procurement Code, but intended for use by small local jurisdictions.
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