QPA State Exam Flashcards
The formal organization of purchasing in NJ municipalities was created by the laws of what year?
1917
What is the bid threshold?
With QPA - $36,000
Without QPA - $17,500
What type of contract is most common the preferred form of purchase for government?
Firm Fixed Pricing
When is an emergency purchase acceptable?
When an issue arises impacting the public’s health, safety and welfare.
What is a requisition?
The start of the purchasing process; a form from a department requesting materials/supplies with the name of the Vendor, quantity and cost.
What is the bid threshold with a QPA
Max of $36,000
15% or $5,400 quote threshold
What is the purpose of having a purchasing manual?
To have the rules, regulations, and scenarios of the Purchasing Laws in effect as well as an entity’s own procedures to follow. Must include chain of command.
What is the bid threshold without a QPA
Max of $17,500
15% or $2,625 quote threshold
What is the time period to make an award after opening a Sealed Competitive Bid?
60 days
FOB Destination is?
The most advantageous shipping arrangement wherein the purchaser takes possession of the good at the final deliver point. The opposite of FOB origin.
Local Public Contracts Law Statutory Citation?
NJSA 40A:11-1 et seq
Fully P.L. 1999 C. 440 NJSA 40A:11-1 et seq
Professional Service contracts are for a period of…?
One year (12 months)
If collusion is suspected whom do you notify?
GB, County Prosecutor and/or Attorney General
When or if no bids are received, following an IFB, when can you negotiate with vendors?
Provided the bid is reissued, in the exact same composition, after no bids are received for a second time.
Who can award a contract over the bid threshold?
Governing Body (GB)
For total aggregate, can contracts be broken down?
No
How can a governing body enact local law in furtherance of the LCPL?
By resolution or more commonly ordinance.
What is a specification?
A concise statement of a set of requirements to be satisfied by a product, material or process.
What does MSDS stand for?
Material Safety Data Sheet
What requires Material Safety Data Sheets (MSDS)?
Workers’ Right to Know (RTK) Act
Advertisement must happen how many days before a bid?
10 calendar days or 60 calendar days for SW bid
A Bid Bond is what percentage of a contract not to exceed what dollar amount?
10% of contract price, not to exceed $20,000
A Bid Bond is your guarantee of what?
That the contractor with sign the contract if awarded
Consent of surety ensures that a contractor will be able to obtain what?
A Performance Bond from the insurance company.