Contract Management & Procurement Flashcards
7 cards from real CPWM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Contract Management & Procurement flashcards as text
What is the primary purpose of a pre-bid conference in public works procurement?
Answer: To provide all potential bidders equal access to clarifications about the project and specifications
A pre-bid conference ensures all potential bidders receive the same information, clarifications, and site conditions, promoting fair competition and reducing the risk of ambiguous bids.
What is 'best value' procurement in public works contracting?
Answer: A procurement approach evaluating both price and qualitative factors such as technical approach and experience
Best value procurement evaluates both price and non-price factors such as technical merit, qualifications, and past performance to select the offer providing the greatest overall benefit to the agency.
What is the role of a Notice to Proceed (NTP) in public works contract management?
Answer: An official agency directive authorizing the contractor to begin work and establishing the contract start date
A Notice to Proceed is an official written communication from the agency to the contractor that authorizes the start of work and typically establishes the commencement date for the contract performance period.
What is 'bid shopping' and why is it considered unethical in public works contracting?
Answer: A general contractor revealing subcontractor bids to competitors to drive down prices after award
Bid shopping occurs when a general contractor discloses subcontractors' bids to competitors after bid opening to pressure them to lower their prices, undermining fair competition and subcontractor trust.
Under what circumstances is sole source procurement justified in public works?
Answer: When only one source exists or can reasonably provide the required goods or services
Sole source procurement is justified when only one supplier can meet the agency's requirements, such as unique compatibility, exclusive ownership of technology, or no other source exists in the market.
What does contract closeout in public works projects involve?
Answer: Formally completing all administrative requirements, including final inspections, documentation, and release of retainage
Contract closeout involves completing all remaining deliverables, conducting final inspections, resolving outstanding claims, releasing retainage, and documenting lessons learned to formally close the contract.
Which federal law requires Qualifications-Based Selection (QBS) for architect and engineering services on federally funded projects?
Answer: The Brooks Act (Public Law 92-582)
The Brooks Act mandates that federal agencies select architect and engineering firms based on professional qualifications and then negotiate a fair and reasonable fee, prohibiting price competition for these services.
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