Texas Basic Public Purchasing Exam with Complete Solutions

Purchasing - ANSWER-the act, function and responsibility for the purchase of equipment, materials, services, and construction required by an organization to satisfy the needs of the requestor at the best value for the state while confirming to ethical business practices. past purchasing trends - ANSWER-1. bidding out all requirements 2. multiple transactions 3. always awarding to the lowest bidder 4. process driven without thought 5. no certification required current purchasing trends - ANSWER-1. improving the process by involving multiple parties in the planning process 2. reducing overall costs 3. obtaining best value 4. performance driven process 5. purchasers must be certified Basic Public Purchasing Principles - ANSWER-competition, public notice, public opening, open records competition - ANSWER-process by which two or more vendors attempt to secure state business by offering the most favorable price, quality, delivery, or other terms of service. public notice - ANSWER-encourages the public to participate in the procurement process public notice tools - ANSWER-1. cmbl 2. esbd cmbl - ANSWER-list of vendors registered to receive solicitations based on commodity codes esbd - ANSWER-advertises bid opportunities greater than 25,000 on the internet public opening - ANSWER-bids or proposals received from all vendors are opened and read aloud in public What information is read aloud at a public bid opening - ANSWER-vendor name and cost