ACTUAL Exam Questions and CORRECT
Answers
Majority Vote Approval - CORRECT ANSWER - What must be obtained before you
award a contract that will exceed three years in length, including any options to renew or extend
the contract.
A Duly Called Town or District Meeting - CORRECT ANSWER - The majority vote for
TOWNS OR DISTRICTS must be taken by:
City Council or City Commissioners with the approval of the mayor if such approval is required
under the charter - CORRECT ANSWER - The majority vote for CITIES must be taken
by:
The County Commissioners - CORRECT ANSWER - The majority vote for COUNTIES
must be taken by:
An affirmative vote by two-thirds of the members of the School Committee - CORRECT
ANSWER - The majority vote for REGIONAL SCHOOL DISTRICTS must be taken by:
The Governing Body - CORRECT ANSWER - The majority vote for
REDEVELOPMENT, HOUSING, OR OTHER AUTHORITY must be taken b y:
False - CORRECT ANSWER - Chapter 30B limits the length of contract your jurisdiction
may award for supplies or services.
Your Local Rules - CORRECT ANSWER - You may enter into multi-year contracts of
more than one year, up to three years, subject to:
, Comply with Certain 30B Requirements - CORRECT ANSWER - To award multi-year
contracts of more than three years, including long-term contracts that may be substantially longer
than three years, you must:
-Avoid the need for conducting more frequent procurements.
-Allow vendors to amortize start-up costs or capital investment required by the contract over a
longer period. - CORRECT ANSWER - Benefits of long-term contracts?
-Contracts procured annually carry fewer risks. - CORRECT ANSWER - Benefits of
short-term contracts?
Five years - CORRECT ANSWER - Standard business practices suggest that most
SERVICE contracts should not have a fixed term of longer than
____________________________?
1. It is not possible to accurately predict changes in market prices and other conditions over a
long period of time.
2. Contractor performance problems are more difficult to resolve when your jurisdiction cannot
change contractors without risking litigation. - CORRECT ANSWER - The risks of long-
term contracts stem from these two major factors.
-Changes in market prices
-Changes in environmental, tax, and other laws
-Population trends
-Technological advances - CORRECT ANSWER - In general, contracts are affected by:
Use a Price Index in your contract to adjust contract prices with fluctuating market prices. -
CORRECT ANSWER - What is one way to minimize the risk of a changing market price.