STUDY FOR CPPB WITH CORRECT
ANSWERS 100% PASS
Purpose of a cost analysis - ✔✔It is a review and evaluation of the suppliers actual or
anticipated cost data
Competitive Negotiations - ✔✔Primary considerations for using is price is not the main
concern for determining the successful contractor
Common Law - ✔✔Law based on customs and usage and confirmed by court decisions.
Principled Negotiations - ✔✔Negotiates on the merits includes separating the people
from the problem, focusing on the interests not the positions, inventing options for
mutual gain, and using objective criteria.
Risk Management - ✔✔It minimizes adverse effects through planning, organizing,
directing and controlling resources and activities
Show-cause notice - ✔✔If the termination for default appears appropriate this should be
issued
Exception Inspection - ✔✔The agency depends on the end user to report defects after a
cursory inspection for obvious damage when unpacked is done.
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, Volume and timing - ✔✔Main considerations when developing a plan for purchase of
fuel oil.
Trendlines - ✔✔Illustrates short term spend patterns for commodities
Value Analysis - ✔✔When determining the cost of ownership over the life span of and
asset this is best to use. The Systematic process used in the design of products with the
required level of quality and performance at the most economic cost.
Civil Law - ✔✔Reference to the body of law affecting the relationship among
individuals. Contract law is an example.
Price Analysis - ✔✔Process of examining and evaluating a prospective price without
evaluating the separate cost elements and profit of the offeror included in that price.
Administrative Law - ✔✔Rules, regulations, and executive orders promulgated by
governmental administrative or regulatory agencies. Generally enacted to make statues
and ordinances more specific. Has the force and effect of law.
Ordinances - ✔✔Refers to laws that county and municipal legislative bodies, such as
boards of supervisors and city councils pass applicable to those jurisdictions. May
include requirements of specific to the procurement of supplies and services.
Ambiguity - ✔✔Contract language that is capable of being understood to have more
than one meaning.
Cure Notice - ✔✔Contract administration action of issuing a notice to the contractor for
failure. Unless the condition is resolved within 30 days after receipt, the contract may be
terminated.
Benchmarking - ✔✔Techniques used to identify best practices used by other agencies.
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