Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

New - Procurement > Procurement #s > Flashcards

Procurement #s Flashcards

1
Q

s

What is due date of contractor invoice if LG rep must first approve?

A

s

25 business days from date invoice is stamped received.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

s

What is due date of contractor invoice & When does Interest hit, %?
—
CONSTRUCTION:
LG need approve?
LG need not first approve?
—
NONCONSTRUCTION:
General.

A

s

CONSTRUCTION:
APP: 25 business days from date invoice stamped received.
NO APP: 20 bus days.
2% on due date.
———–
NON-CONSTRUCTION:
45 calendar days
1% 30 days thereafter.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

s

State the due dates & interest under Prompt Payment Act for:
Construction
a) Invoice does not need approval.
b) Invoice requires approval.
Non-Construction.

A

s

CONSTRUCTION:
a) No approval needed = 20 BUSINESS days.
b) Approval needed = 25 BUSINESS days.
c) 2% interest on due date.
———–
NON-CONSTRUCTION:
a) 45 CALENDAR days.
b) 30 days thereafter get 1% interest.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

s

What is significance of LG’s receipt of overdue notice?

A

s

how remember? O-W-E-D & L-A-T-E = 4 ltr words
———–
After 4 business days of delivering an overdue notice, if LG does not reject the invoice it is deemed undisputed.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

s

What is LG required to do if it disputes the invoice or the overdue notice?

A

s

w/i 20 days of receipt, provide written rejection, specifying deficiency & stating action to rectify.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

s

If LG sent contractor a written rejection of an invoice & contractor revises the invoice, what now must LG do?

A

s

r-e-v-i-s-e-d p-a-y
———–
Pay or notice rejection:
a) w/i 10 business days of receipt or
b) 1st business day after LG’s next meeting.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

s

How long does a contractor have to pay its subs after receiving LG payment?

A

s

10 days.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

s

How long does subcontractor have to pay the sub-subcontractors after receiving contractor’s payment?

A

s

7 days.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

s

What are penalties for late payment?

A

s

2% per month (more if agreed to in K).
NEW 2021 used to be 1%,

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

s

What procedure must LG initiate if there is a payment dispute?

A

s

• w/i 45 days proper invoice was received,
commence its established dispute resolution procedure.
• w/i 60 days proper invoice was received, have final decision.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

s

Re: construction
Threshold amt requiring LG to announce for pro services?
———–
BONUS - state the 5 thresholds.

A

1) $20k
2) $35k
3) $65k
4) $195k
5) $325k
————
*confirmed 287.017

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

s

Re: planning or study activity
Threshold amt requiring LG to announce for pro services?

A

s

Exceeds $35k.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

s

What work is covered by 255.20?

A

s

Public Construct
Inc. bridges, roads, streets, hiways, RRs
• May req qualf
• DQ if 10% behind
• Prequl by DOT

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

s

What is dollar threshold for Construction?

A

s

Over $300k*
* Includes labor, equip + materials

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

s

What is dollar threshold for Electrical?

A

s

Over $75k

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

s

What is dollar threshold for Roads?

A

s

Over $250k

17
Q

s

GET CLARIFICATION.
There are different thresholds for 255.20 & 287.055, so how can 255.20 require comply w/ 287.055?

A

s

255.20
Constr. over $300k* *Includes labor, equip + mats
Roads. over $250k
Elect. over $75k.

CCNA
Constr. over $325k
Study/Plan over $35k

18
Q

s

What are 2 exemptions under 255.20?

A

s

  1. County roads, FS 336
  2. No req to comp award anything if $300k or less
19
Q

s

What’s the pre-requisite to Self Hire exception to new const of pub facilities, 255.20?

A

s

  1. Pub mtg w/ 21 days notice
  2. Hear from Ktor who wd have gotten the job
  3. Consid econ dev, tax revs, wh/ ktor offers hlth ins.
  4. Dets in best interest to use Staff
20
Q

s

How much overhead paid on Self-Hire?

A

s

Get 20% admin

21
Q

s

What are 3 performance mandates on a Self-Hire?

A

s

Use lic ktor if over $300k
Inspected just like private proj.
Submit report to Auditor Gen & make public.

22
Q

s

When are preferences prohibited under 255.20?

A

s

50% State funding prohibits:
1) Local preference in construction
2) Wages, benes, source or amt of staffing pref in utility const.

23
Q

s

What amt can set aside for optional MBE preference?

A

s

May set up to 10% aside
+
Encourage 20% bond writing
Equal protection suit @ 30%

24
Q

s

Threshold for when to competitively bid?

A

s

$300k constr.
$250k roads.
$75k elec.
———–
~confirmed. not just optional prequal but MUST competitively bid.

25
Q

s

LGs are encouraged to competitively bid what amount for MBEs?

A

s

$100k.

26
Q

s

When must road contractor be qualified?

A

s

  1. If over $250k
  2. Ktor must be certified or qualified
  3. To construct or improve bridges, roads, streets, highways, or railroads, and services incidental thereto.
27
Q

s

When is road contractor not eligible to be qualified?

A

s

If behind by 10% at the time of advertising the work.

28
Q

s

What 6 items are exempt from bidding?

A

s

i want Exempt b/c POE SuCS
———–
1. Professional services
2. If built into City/County Ordinance or Sp Dist resolution as permitted under 255.20.
3. Emergency
4. Sole Source
5. Change Orders
6. Under $300k per 255.20

29
Q

s

For how long are sealed bids exempt from public records disclosure?

A

s

Earlier of:
(1) Notice of intended decision or
(2) 30 days following opening.

30
Q

s

If LG reissues solicitation, how long do the sealed bids remain exempt from public records laws?

A

s

Until notice:
(1) Intended decision or
(2) Withdrawal of solicitation,
BUT no longer than 12 months after initial notice of rejection.

31
Q

s

What is no longer sunsetting before the CCLG exam?

A

s

The confidential & exempt status of computer data, programs & their documents in the hands of LG.
Why? FS 815.04(3) was scheduled to sunset on 10/2/21.

32
Q

How much overhead is included in calculating the threshold for mandatory construction bidding?

A

$300k incl:
1) Overhead @ 20%
2) Labor
3) Materials.

33
Q

What is dollar threshold for at which must competitively award for Construction?

A

Over $300k*
* Includes labor, equip + materials + overhead @ 20%

34
Q

State the difference in dollar thresholds between public works [255.20] & CCNA [287.055]

A

Pub Works 255.20
$300k incl: 1) Ovrhd @ 20%, 2) Labor, 3) Materials.
$250k roads
$75k elec
———–
CCNA 287.055
$325k for construction
$35k for study/design fee.
AND
$4M for continuing const.
$500k for continuing study

35
Q

When does 255.20 (construction of public works) require compliance with CCNA?

A

When awarded based on negotiations.

36
Q

What is dollar threshold for at which must competitively award for Electrical?

A

Over $75k

37
Q

What is the threshold dollar amount for a continuing contract under CCNA?

A

$4M for construction.
$500k for planning/study

38
Q

Who does CCNA apply to?

A

An instrumentality of LG. HFA, a county civic facilities authority;. a hospital taxing district; a multi-county airport authority; & a county housing authority.

New - Procurement (11 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions