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FCCM Training Exam 2025 Questions and Answers

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FCCM Training Exam 2025 Questions and Answers

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FCCM Training Exam 2025
Questions and Answers


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



COPYRIGHT © 2025 BY OLIVIA WEST, ALL RIGHTS RESERVED 1

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

-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)



COPYRIGHT © 2025 BY OLIVIA WEST, ALL RIGHTS RESERVED 2

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

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




COPYRIGHT © 2025 BY OLIVIA WEST, ALL RIGHTS RESERVED 3

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