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Professional Standards and Ethics Flashcards

7 cards from real CP3P practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Professional Standards and Ethics flashcards as text
  1. A former senior procurement official joins a private bidder shortly after leaving government. Which policy addresses this risk?

    Answer: Post-employment 'cooling-off' or revolving-door restrictions

    Cooling-off periods limit former officials from using insider knowledge or relationships to benefit new private employers.

  2. How should a procuring authority handle an unsolicited PPP proposal to maintain integrity?

    Answer: Subject it to independent evaluation and, where appropriate, a competitive process

    Unsolicited proposals should be assessed independently and generally tested through competition to ensure transparency and value for money.

  3. Which document typically sets out the rules of conduct for bidders, including prohibited communications during the tender?

    Answer: The request for proposals or instructions to bidders

    Tender documents define bidder conduct rules, communication protocols, and grounds for disqualification.

  4. A bidder contacts an elected official to lobby for its proposal during a 'quiet period.' What is the likely consequence under typical tender rules?

    Answer: The bidder may be disqualified for breaching the communication protocol

    Quiet-period rules prohibit bidders from contacting officials outside designated channels, and breaches can lead to disqualification.

  5. Why should a procuring authority maintain a detailed record of key procurement decisions and their rationale?

    Answer: To provide an audit trail that supports accountability and defends against challenges

    A documented audit trail demonstrates that decisions were made properly and supports reviews by auditors or courts.

  6. Which behavior best reflects the professional standard of competence for a PPP practitioner?

    Answer: Undertaking only work within one's expertise and seeking specialist advice when needed

    Competence means recognizing the limits of one's expertise and engaging qualified specialists where required.

  7. What is the main ethical concern when a single advisory firm advises both the procuring authority and a bidder on the same PPP?

    Answer: An irreconcilable conflict of interest that compromises loyalty and confidentiality

    Advising opposing parties in the same transaction creates a direct conflict that information barriers rarely cure adequately.