ACPP and Governance
Policies
CCE
CF
SQ
100
The purpose of this process is to provide a unified standard process for planning, review, and endorsement of contracting activities.
What is the ACPP?
100
This policy states that the Company to conduct its business only in those states and foreign political jurisdictions in which it is qualified to do business.
What is Policy 422?
100
This spend channel is used when there are less than 6 transactions per year.
What is Ariba Light?
100
EEOs and EROs are types of these.
What are orders under a Master?
100
When this type of Contract reaches the 3 year mark, review of SQ and terms and conditions.
What is an Evergreen contract?
200
This is a contract that is not on the ACPP.
What is an unplanned contract?
200
All employees involved in the preparation, approval and/or execution of documents to which the Company is or is to become a party are responsible for compliance with this policy.
What is Policy 420?
200
"This type of compensation method is for fixed amount for the entire scope"
What is Lump Sum?
200
This is a key deliverable for articulating aspects of the contract. It includes the type of contract, award basis, compensation method, and spend channel.
What is the Contract Strategy?
200
This Classification applies to the most sensitive business Data. Unauthorized disclosure could have severe negative impact on the Company, its stockholders, its business partners, and/or its customers. Unauthorized disclosure may even violate state or federal laws.
What is Classified Information?
300
The person in P/SCM who approves a contract amendment of total spend less than $250K per year.
What is the Category Manager?
300
Double Jeopardy!
What is Policy 500?
300
Double Jeopardy
What is XML?
300
This document provides details of the contract and includes location, deliverables, standards, criteria, etc.
What is contract usage and scope of work document?
300
This system is used to establish whether the Contractor/Supplier is a sanctioned party .
What is EASENet?
400
At this point, the Strategy needs to be resubmitted to the CRC or Approval Committee.
What happens if there is a change in approved Strategy?
400
This company policy states that all changes to Information Technology (IT) and all IT Sourcing initiatives require concurrence with Chevron's CIO or delegate.
What is Policy 564?
400
To be able to avail of this discount, the invoice must be approved in a timely manner.
What is Early Pay Discount?
400
This is a set of templates or forms or documents pre-approved by Legal, which address commonly used clauses specific to different types of services and materials.
What are Model Contracts?
400
Jo Salvatore's birthday is on this day.
What is March 14th?
500
This committee consists of 2 members, the supervisor of the business requestor and a Global Category Manager.
What is the Approval Committee?
500
This Policy sets out the authorities delegated by Executive Committee to Reporting Unit management to carry out its responsibilities. However, it does not grant the authority to execute legally binding documents.
What is Policy 190?
500
This process is about the translation of key data elements – data captured during contract creation, supplier-specific data, and system-specific set-up instructions – that ‘enable’ Chevron systems to process invoices against a Contract.
What is Contract Enablement?
500
This describes an order under an established master contract that does not require execution per the Chevron Annual Legal, Finance and Tax Guidance.
What is 'execution-exempt'?
500
For this risk aspect of SQ you apply the applicable Contract Value and Consequence Factor to establish the initial risk rating.
What is Financial Risk Aspect?
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