General Knowledge
Acronym for Federal Transit Administration
What is the FTA?
Another name for a non-competitive procurement
What is Sole Source?
Another name for a sealed bid; made to lowest, responsive, responsible bidder
What is an Invitation for Bid (IFB)?
The Chief Procurement Officer
Who is Suzette Moore?
The P-Card’s single purchase transaction limit
What is $5,000?
Acronym for the Office of Procurement and Materials
What is PRMT?
This represents Metro’s best estimate of the most current price for the supplies, services, or construction being procured
What is an Independent Cost Estimate (ICE)?
The document used to solicit proposals from potential vendors for goods and services
What is a Request for Proposal (RFP)?
The Deputy Chief Procurement Officer
Who is Daniel Smith
The Super P-Card's single purchase transaction limit
What is $10,000
Acronym for Internal Business Operations
What is IBOP?
The Contracting Officer ensures funds are committed for obligation through a what?
What is a Purchase Requisition?
A procurement in which only one vendor possesses the unique ability to meet the particular requirements of the solicitation
What is a Sole Source Procurement?
This person is in charge of the Small Business Programs Office
Who are Sylvia Edwards or Meshelle Howard?
The Metro employee authorized to use an issued Metro Purchase Card
What is a Purchase Card Holder?
Title of the CEO of Metro responsible for all Authority activities, subject to policy direction by the Board
Who is the General Manager?
The portion of a contract that describes specifically what is to be done by the contractor
What is a Statement of Work or Scope of Work (SOW)
A purchaser’s written documentation to a vendor formalizing the terms and conditions of a proposed purchase
What is a Conformed Contract?
This person executes requests under $250,000
Who is a Purchasing Agent?
This Metro employee monitors and approves the cardholder's transactions.
Who is the Approving Official?
An acquisition of supplies or services (except construction) not exceeding $10,000
What is a Micro-Purchase?
The name of the document which implements the DBE requirements of Metro’s DBE Program Plan
What is an Appendix B?
A mutually binding legal relationship in which the vendor furnishes supplies or services and the buyer pays for them
What is a purchase order?
This individual performs contract administration functions specifically delegated in writing by the Contracting Officer
What is a COTR?
A Visa or Mastercard used by authorized Metro personnel to make approved simplified acquisition purchases
What is a Purchase Card?