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FCCM Training Exam Questions and Answers 100% Pass

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FCCM Training Exam Questions and Answers 100% Pass Procurement - Term used in the government for purchasing goods or services, receiving and inspection, inventory management, contract administration, and disposal/surplus Seven Stages of Public Procurement - 1. Need identification 2. Pre-solicitation 3. Solicitation preparation 4. Solicitation 5. Response Evaluation 6. Contract award 7. Contract management Stage 1: Need Identification Process - Identify the need for a commodity/service and develop a plan to address that need. This stage includes: -Need identification -Budget identification -Purchasing strategy Categories of purchases - -Emergency (non-competitive): delaying would cause immediate danger Page 2/19 Crafted for Academic Insight by ©KatelynWhitman 2025. All rights reserved. -Exceptional (non-competitive): Agencies are mandated to purchase from a specific entity according to a contract -Competitive solicitations Stage 2: Pre-solicitation process - Get background info to determine which method of competitive solicitation is appropriate What does a solicitation team do? - -Ensures that solicitation will meet the procurement need -Define scope of procurement -Identify public purpose -Conduct a market analysis -Estimate potential costs Procurement need - An identified lack of commodity or service Payment Methods - Cost reimbursement Fixed price Fixed rate A combo of the aforementioned payment methods Cost reimbursement - The service provider is reimbursed for allowable commodities/services related to the contract/grant Fixed price - Payment for a service is distributed at specific intervals (ex: weekly, monthly) Fixed rate - Payments are based on fixed rates, such as hourly rate of pay or per unit delivered Page 3/19 Crafted for Academic Insight by ©KatelynWhitman 2025. All rights reserved. Solicitation methods - -Invitation to Bid (ITB): focused on price -Request for Proposals (RFP): focused on price and quality -Invitation to Negotiate (ITN): best value Stage 3: Solicitation Preparation Process - Preparing a competitive solicitation before it is released to the vendor community. This stage includes: -Planning, drafting, and reviewing the solicitation -Preparing the solicitation documents for posting -Selecting the evaluation or negotiation teams Competitive solicitations MUST include - -General Instruction to Respondents (PUR 1001) -General Contract Conditions (PUR 1000) Competitive solicitations GENERALLY include - -An introduction that explains the solicitation's goals -Technical specifications/scope of work -Special instructions to respondents (instructions may include how to respond, evaluation criteria, basis of award criteria, timeline, and the identification of the pro

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FCCM Training Exam Questions and Answers
100% Pass


Procurement - ✔✔Term used in the government for purchasing goods or services, receiving and

inspection, inventory management, contract administration, and disposal/surplus


Seven Stages of Public Procurement - ✔✔1. Need identification


2. Pre-solicitation


3. Solicitation preparation


4. Solicitation


5. Response Evaluation


6. Contract award


7. Contract management


Stage 1: Need Identification Process - ✔✔Identify the need for a commodity/service and develop a plan

to address that need. This stage includes:


-Need identification


-Budget identification


-Purchasing strategy


Categories of purchases - ✔✔-Emergency (non-competitive): delaying would cause immediate danger



Page 1/19
Crafted for Academic Insight by ©KatelynWhitman 2025. All rights reserved.

,-Exceptional (non-competitive): Agencies are mandated to purchase from a specific entity according to a

contract


-Competitive solicitations


Stage 2: Pre-solicitation process - ✔✔Get background info to determine which method of competitive

solicitation is appropriate


What does a solicitation team do? - ✔✔-Ensures that solicitation will meet the procurement need


-Define scope of procurement


-Identify public purpose


-Conduct a market analysis


-Estimate potential costs


Procurement need - ✔✔An identified lack of commodity or service


Payment Methods - ✔✔Cost reimbursement


Fixed price


Fixed rate


A combo of the aforementioned payment methods


Cost reimbursement - ✔✔The service provider is reimbursed for allowable commodities/services related

to the contract/grant


Fixed price - ✔✔Payment for a service is distributed at specific intervals (ex: weekly, monthly)


Fixed rate - ✔✔Payments are based on fixed rates, such as hourly rate of pay or per unit delivered


Page 2/19
Crafted for Academic Insight by ©KatelynWhitman 2025. All rights reserved.

, Solicitation methods - ✔✔-Invitation to Bid (ITB): focused on price


-Request for Proposals (RFP): focused on price and quality


-Invitation to Negotiate (ITN): best value


Stage 3: Solicitation Preparation Process - ✔✔Preparing a competitive solicitation before it is released to

the vendor community. This stage includes:


-Planning, drafting, and reviewing the solicitation


-Preparing the solicitation documents for posting


-Selecting the evaluation or negotiation teams


Competitive solicitations MUST include - ✔✔-General Instruction to Respondents (PUR 1001)


-General Contract Conditions (PUR 1000)


Competitive solicitations GENERALLY include - ✔✔-An introduction that explains the solicitation's goals


-Technical specifications/scope of work


-Special instructions to respondents (instructions may include how to respond, evaluation criteria, basis

of award criteria, timeline, and the identification of the procurement officer)


-Special contract conditions


Should the procurement officer serve on the evaluation team? - ✔✔NO


If the solicitation is a category 4 or higher, how many members should be on the evaluation team? -

✔✔Minimum of 3




Page 3/19
Crafted for Academic Insight by ©KatelynWhitman 2025. All rights reserved.

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