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Exam (elaborations)

CPPB EXAM PREP

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Exam of 2 pages for the course CPPB at CPPB (CPPB EXAM PREP)

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CPPB
Course
CPPB








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Institution
CPPB
Course
CPPB

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Uploaded on
May 2, 2025
Number of pages
2
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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CPPB EXAM PREP


CostmkPlusmkPercentagemkofmkCostmkContractsmk-mkanswers--
Anmkagreementmkonmkamkconstructionmkprojectmkinmkwhichmkthemkcontractormkismkprovidedmkamkspeci
fiedmkpercentagemkprofitmkovermkandmkabovemkthemkactualmkcostsmkofmkconstruction.mkThesemkcontra
ctsmkaremkconsideredmkpoormkbusinessmkpracticemkbecausemkthemkcontractormkhasmklittlemkincentivemk
tomkholdmkdownmkcosts.mkThemktypemkofmkcostingmkmethodmkismkprohibitedmkinmkFederalmkpurchasing
.



Procurementmk-mkanswers--
Includesmkpurchasing,mkcontractmkadministration,mkinventory,mkreceivingmkandmkdisposal.



Integritymk-mkanswers--Themkvaluemkofmkone'smkwordsmkandmkactions.



Competitionmk-mkanswers--Providesmkanmkincentivemktomkreducemkcostmkandmkincreasemkquality.



Lawsmk-mkanswers--Definemkandmkcontrolmkwhatmkpublicmkagenciesmkmaymkdo.



ABAmk-mkanswers--AmericanmkBarmkAssociation



ABLmk-mkanswers--ApprovedmkBrandsmkList,mkalsomkApprovedmkProductsmkListmk[APL]



ABAmkModelmkProcurementmkCodemkformkStatemkandmkLocalmkGovernmentmk(UmkSmkLaw)mk-
mkanswers--
DevelopedmkbymkthemkABAmkandmkadoptedmkinmk1979,mkitmkismkamkcollectionmkofmkstatutorymkprincipl
esmkandmkpoliciesmkthatmkprovidesmkguidancemktomkpublicmkpolicymkmanagersmkwhomkwishmktomkresp
onsiblymkmanagemkpublicmkprocurement.mkStatmkandmklargemklocalmkgovernmentsmkhavemkindividually
mkcodifiedmkitmkintomkprocurementmklawmkandmkpolicymktomkeffectivelymkguidemktheirmkprocurementmk
organizations.mkThemkcodemkwasmkupdatedmkinmk2000mkandmkcontainedmkenhancementsmkinmkthemkfo
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