Purchasing
The site's minimum needs can only be satisfied by unique supplies or services available from only one source.
What is one of the determining factors for a legitimate justified (sole-source) procurement?
The 2110 monthly due date.
What is the 10th of the month?
The contract to date total amount billed to DOL at month-end.
What is Vouchered Reimbursable?
DOUBLE POINTS
The New Eastern Region VP
Who is Amanda Curry?
ERP
What is the abbreviation for Enterprise Resource Planning?
The document that gives the buyer authorization to process a procurement action.
What is an approved purchase requisition?
What is quarterly?
The threshold amounts for reporting 2110 variances.
What are 5 percent & 1 percent?
Departmental budgets are managed by the departments.
What are both cost reimbursable & fixed price contracts?
The new Education and Training Sr. Vice-President
Who is Jeff Barton?
Document which outlines all requirements for contractors bidding on construction projects.
What is the Construction Bid Package?
Vouchering is the process to bill the government for the services performed. CR and FP contracts have different billing frequencies.
What is twice per month for CR and once a month for FP?
The inventory classifications reported on the 2110.
What are Clothing, Food, Medical, and Other?
The contractor bears the greater risk. DOL does not guarantee more than a 1% management fee.
What is a fixed price contract?
The first four MTC Job Corps contracts.
What were Atlanta, Charleston, Clearfield and Turner?
Small, Disadvantaged, Women, HUBZone, Veteran & Service Disabled Veteran
What are the 6 small business classifications MTC must report?
DOUBLE POINTS
A Leader in Social Impact
What is MTC?
The open orders (not received) reported on the 2110.
What are Undelivered Commitments?
MTC's profit is contingent on the financial performance.
What are fixed price contracts?
The 2021 Q4 Job Corps Finance Excellence Award recipient.
What was Hawaii JCC?
The year MTC began operations.
What is 1981?
The fixed price variance reports are due to corporate monthly by this day.
What is the 8th business day?
The accounting method used for the 2110.
What is Accrual Reporting?
The government is entitled to review detailed costs.
What are cost reimbursable contracts?
1964
What is the year Job Corps started?