Upon receipt of a Purchase Requisition for a small buy commodity, what is the first
step the buyer should take? A) Issue a solicitation, as appropriate to the dollar
threshold established by the entity, B) Determine if the item is available in surplus
stock, C) Determine if there are other rqmts within the ITB that could be combined for
a larger quantity, D) Solicit at least three quotes from valid sources
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B) DETERMINE IF THE ITEM IS AVAILABLE IN SURPLUS STOCK
,A buyer placed an order for the purchase of circuit breakers which will be installed in
a new substation. The supplier was unsure when the goods would be available for
delivery. What would be the most appropriate action for the buyer to take to ensure
the goods arrive on time? A) Follow-up, B) Expedite, C) Change FOB point, D) Accept
a substation offered by the supplier
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A) FOLLOW-UP
Governmental agencies sometimes hold supplier interviews during the planning
process of a solicitation. What is a benefit of conducting such interviews? A) Allows
procurement to disqualify some suppliers from the solicitation process, B) Allows the
suppliers to pre-view the solicitation, C) Allows the two parties to negotiate pricing in
advance, D) Provides the entity with information to use when developing the
solicitation
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D) PROVIDES THE ENTITY WITH INFORMATION TO USE WHEN
DEVELOPING THE SOLICITATION
The supplier of a performance based contract that has a initial 3 yr term w/ two one-
yr extensions upon satisfactory performance, has failed to perform in accordance w/
specified delivery schedules. They also do not respond to quality issues in a timely
manner. The supplier has not been given formal notice of the problems. The internal
user does not want the contract extended for the remaining two one-yr periods, and
wants to terminate the contract immediately for cause. What should the contract
administrator do?
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, USE THE "CURE NOTICE" PROCEDURES AND GIVE NOTICE OF THE
FAILURES TO THE SUPPLIER
A Govt agency with a centralized purchasing dept. has a threshold for small purchases
of $1000 and three quotes are required above that figure. There has been a steady
increase in the number of requisitions along with recent complaints from internal
customers about it taking too long to buy what they need. Which of the following
action is most likely to have the biggest impact on reducing costs and saving time in
the long run?
Give this one a try later!
INSTITUTING A PURCHASING CARD PROGRAM
A building contract to do certain work, contains within itself an unwritten customer
expectation that the work shall be done in a professional manner is representative of
which of the following: A) Full Warranty, B) Express Warranty, C) Implied Warranty, D)
Implied Authority
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C) IMPLIED WARRANTY
The govtl agency has entered into a performance-based contract with a local
cleaning service to clean the offices at the county govt center. What should the buyer
focus on to ensure supplier compliance? A) Inspecting the company's adherence to
process steps defined in the Performance of Work Statement, B) Identifying potential
occurrences of agency opportunism by the company, C) Monitoring the desired
outcomes defined in the Statement of Work, D) Overcoming information asymmetry
step the buyer should take? A) Issue a solicitation, as appropriate to the dollar
threshold established by the entity, B) Determine if the item is available in surplus
stock, C) Determine if there are other rqmts within the ITB that could be combined for
a larger quantity, D) Solicit at least three quotes from valid sources
Give this one a try later!
B) DETERMINE IF THE ITEM IS AVAILABLE IN SURPLUS STOCK
,A buyer placed an order for the purchase of circuit breakers which will be installed in
a new substation. The supplier was unsure when the goods would be available for
delivery. What would be the most appropriate action for the buyer to take to ensure
the goods arrive on time? A) Follow-up, B) Expedite, C) Change FOB point, D) Accept
a substation offered by the supplier
Give this one a try later!
A) FOLLOW-UP
Governmental agencies sometimes hold supplier interviews during the planning
process of a solicitation. What is a benefit of conducting such interviews? A) Allows
procurement to disqualify some suppliers from the solicitation process, B) Allows the
suppliers to pre-view the solicitation, C) Allows the two parties to negotiate pricing in
advance, D) Provides the entity with information to use when developing the
solicitation
Give this one a try later!
D) PROVIDES THE ENTITY WITH INFORMATION TO USE WHEN
DEVELOPING THE SOLICITATION
The supplier of a performance based contract that has a initial 3 yr term w/ two one-
yr extensions upon satisfactory performance, has failed to perform in accordance w/
specified delivery schedules. They also do not respond to quality issues in a timely
manner. The supplier has not been given formal notice of the problems. The internal
user does not want the contract extended for the remaining two one-yr periods, and
wants to terminate the contract immediately for cause. What should the contract
administrator do?
Give this one a try later!
, USE THE "CURE NOTICE" PROCEDURES AND GIVE NOTICE OF THE
FAILURES TO THE SUPPLIER
A Govt agency with a centralized purchasing dept. has a threshold for small purchases
of $1000 and three quotes are required above that figure. There has been a steady
increase in the number of requisitions along with recent complaints from internal
customers about it taking too long to buy what they need. Which of the following
action is most likely to have the biggest impact on reducing costs and saving time in
the long run?
Give this one a try later!
INSTITUTING A PURCHASING CARD PROGRAM
A building contract to do certain work, contains within itself an unwritten customer
expectation that the work shall be done in a professional manner is representative of
which of the following: A) Full Warranty, B) Express Warranty, C) Implied Warranty, D)
Implied Authority
Give this one a try later!
C) IMPLIED WARRANTY
The govtl agency has entered into a performance-based contract with a local
cleaning service to clean the offices at the county govt center. What should the buyer
focus on to ensure supplier compliance? A) Inspecting the company's adherence to
process steps defined in the Performance of Work Statement, B) Identifying potential
occurrences of agency opportunism by the company, C) Monitoring the desired
outcomes defined in the Statement of Work, D) Overcoming information asymmetry