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Home
Directory of Certified Individuals
Approved SPD-Sponsored Courses
Course Catalog
Basic Texas Purchaser
Certified Texas Contract Developer
Certified Texas Contract Manager
Continuing Education Webinars
Continuing Education Live Events
Ethics and Refresher Courses
Information Resources Technologies Procurement Training (IRTPT)
New User Registration
Login
Contact Us
FAQ
View Lesson and Quiz Quiz
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1.
When a procurement is subject to the Code of Federal Regulations (CFR 200), the procurement and resulting award must be procured in a reasonable, fair and transparent fashion, and the cost for that good or service must also be __________________.
artificially high
fair and reasonable
the lowest cost
not taxable
2.
Which of the following contract types is considered problematic?
Fixed-Price
Time & Materials (with a ceiling price)
Cost-reimbursement
Cost plus percentage of cost (CPPC)
3.
What is the preferred method for procuring construction?
Sealed bids
Competitive Proposals
Small purchase
Micro purchase
4.
Cost analysis is required at what procurement threshold?
$250,000
$50,000
$25,000
$100,000
5.
True or False? State preferences can be applied when using federal funds.
True
False
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