FA 3 - Planning & Analysis
Describing the item of service purchased through specifications and legal document
What is Proposal Risk?
The North American Free Trade Agreement - extra points if you can name the three countries!
What is NAFTA?
Technical requirements and terms of conditions of the contract and ensures that the entity is receiving the supplies or services to which it is entitled under the contract.
What is Performance Assessment Plan?
Approval of both parties in signatory form.
What are bilateral modifications?
Model; motivate; mentor; multiply
What are 4 levels of influence in leading others?
Protecting the financial and legal interests of the entity.
What is Surety/Liability Risk?
WTO-GPA aka as GPA.
What is the World Trade Organization revised Agreement on Government Procurement?
Required that open, fair, and transparent conditions of competition be ensured in government procurement
Framework for effective contract administration with an emphasis on process, output, and outcome.
What is a Contract Administration Plan?
1) The right to unilaterally modify the contract has been given to the public entity in the contract itself
2) The modification is for a minor purpose
What is a unilateral modification?
Position; permission; production; people development; pinnacle
What are the 5 levels of leadership?
Ensuring timely delivery.
What is Schedule Risk?
United Nations Convention on Contracts for the International Sale of Goods
What is CISG?
Governs international sale of goods between UN nations
Plain Language of the contract and the meaning that both parties gave to the text at the time of the contract signing.
What is the cardinal Rule?
Actions or inactions on the part of the public entity that have not been made through formal change order authority, but have caused the contractor to perform additional work that us outside the scope of the existing contract.
What is Constructive Changes?
A tool used to measure performance as well as monitor and evaluate the efficiency and effectiveness of the procurement organization.
What is Key Performance Indicators (KPIs)?
Defining acceptance.
What is Performance Risk?
Definite quantity for a definite period
Definite quantity for an indefinite period
indefinite quantity for a definitive period
Indefinite quantity for an indefinite period
What is term contracts?
Handwritten notes taking precedence over printed text, quantities spelled out in words over the use of numerals and anything written in a conspicuous manner such as large font.
What is mechanical rule?
Actions that add work
Actions that delete work
Actions that delete one item and substitute another item
What are actions that trigger the Request for Equitable Adjustment (REA)?
Inputs; outputs; outcomes; efficiency; effectiveness
What are common metrics used toward meeting the Procurement's goals and objectives?
Defining payment terms.
What is Price Risk?
A form of indefinite delivery/indefinite quantity contract where all actual purchase requirements for specific supplies or services during the contract period are filled by the selected supplier, with deliveries to be scheduled by placing orders with the supplier.
What is requirements contracts?
Obligations of the contractor that have not been assumed in expressed language.
What is implied warranties?
Financial Difficulties; lack of materials; labor problems, excluding strikes; lack of equipment and facilities; lack of knowledge; reasonable delays preceding award
What are non-excusable delays?
Written; digital; media; with suppliers
What are types of communications?