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WorksheetsPROCUREMENT
Total questions: 10
Worksheet time: 3mins
Name
Class
Date
1.
Which of the following methods does not require a licensed architect, engineer, or land surveyor?
a)
Construction Manager
b)
Design-Build
c)
Lease-Purchase
d)
Construction Bid
2.
A performance bond is required when the project amount exceeds______________.
a)
$15,000
b)
$10,000
c)
$5,000
d)
$25,000
3.
Capital spending is reserved for supplies, payroll, and maintenance.
a)
True
b)
False
4.
The Missouri Prompt Payment Act
a)
makes sure contractors and suppliers are paid in timely manner.
b)
requires payments to contractors at least monthly and within 30 days after completion.
c)
says a school district can retain certain amounts until the district can verify the completion of the project.
d)
All of the above are correct.
5.
A conflict of interest exists when
a)
a board member has inside information on a bid and earns the contract.
b)
An outside bidder is awarded a contract.
c)
a previous bidder is awarded a contract.
d)
No bid was required for a project.
6.
Advertising is not required for construction bids under $50,000
a)
True
b)
False
7.
The procurement process does not require checks and balance.
a)
True
b)
False
8.
An independent contractor is not considered an employee of the district.
a)
True
b)
False
9.
This has been one of the best presentations we've ever seen...hands down!
a)
True
b)
False
c)
You guys are pushing it!
d)
Great, but maybe not the best.
10.
I am much more knowledgeable about procurement and the bidding process than before, and I am thinking of changing my career.
a)
No way Jose!
b)
Absolutely!
c)
I get it, but I probably won't quit my day job!
d)
Are you kidding me???
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