Contractor Procurement questions

What is the first step in the Federal designer procurement process according to the Brook's Act?

• Negotiate with the highest ranked to get a "fair and reasonable" price

• Rank design teams in order of most qualified

• Discuss design options with at least 3 firms

• Publicly announce design requirements

What minimum number of firms must the federal government approach for design options under the Brook's Act?

• 2 firms

• 3 firms

• 4 firms

• 5 firms

What is the purpose of ranking design teams in the Federal designer procurement process?

• To determine the most expensive design team

• To determine the least experienced design team

• To determine the most qualified design team

• To determine the fastest design team

What must be done to give prospective bidders enough time to participate in a federal bid?

• Bid documents must be confidential

• Bid must be advertised

• Bids must be opened in private

• Contract must be awarded to the highest bidder

Federal policies required that bids must be opened in public and announced in bid advertisement

• True

• False

To whom is the contract awarded in federal bidding?

• To the lowest bidder

• To the bidder with the most experience

• To the lowest responsive and responsible bidder

What is the purpose of prequalification of bidders in the public bidding process?

• To ensure all bidders are from the same region

• To ensure the bidding process takes less time

• To ensure selected bidder can perform the work

• To ensure the project costs less

What does the Firm Bid Rule apply to?

• Private negotiations

• Public procurement

• Service agreements

What does "FL Service contracts regulations" refer to in the context of exceptions to the Firm Bid Rule?

• A type of contract that must follow the Firm Bid Rule

• A regulation that enforces the Firm Bid Rule

• A regulation that is an exception to the Firm Bid Rule

• A fixed-price contract in public procurement

What is one of the aspects to consider in pricing during the determination of a low bid?

• Pricing consistency

• Pricing discrepancies

• Pricing history

• Pricing agreements