PSPP202-03 Assessment 3

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Question 1 of 5

1. Question

What procurement initiative is illustrated by a consecutive process of: Request for Expressions of Interest, Request for Qualifications, Draft RFP, then RPF?

Procurement business case.

Multi-stage procurement.

Consecutive negotiations.

Risk allocation strategy.

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Question 2 of 5

2. Question

Why might you consider using a multi-stage procurement?

To reduce to time involved in procuring goods.

To encourage small companies to bid on a project they otherwise wouldn't.

To allow for concurrent negotiations with out of country suppliers.

To reduce the risks associated with large complicated projects.

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Question 3 of 5

3. Question

How is a Draft RFP different from a formal RFP process?

A Draft RFP is non-binding and intended to encourage input and questions from potential respondents before the formal RFP is finalized and released.

A Draft RFP is binding but does not include mandatory evaluation criteria like a formal RFP.

A Draft RFP is used to prequalify respondents based on experience before they are allowed to participate in the formal RFP process.

A Draft RFP is issued only to those who participated in another competitive process within the last year, an RFP is issued to the world at large.

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Question 4 of 5

4. Question

What purpose does a Draft RFP serve?

It gives potential respondents an opportunity to offer feedback on the solicitation document before it is finalized and released for competition.

It gives local suppliers an advantage by allowing them to receive the RFP before it is distributed to the larger market.

It allows potential respondents the opportunity to object to a direct award before a Notice of Intent is posted.

It allows the issuing organization to prequalify respondents before the formal RFP stage commences.

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Question 5 of 5

5. Question

What is a Competition Agreement?

An agreement to partially compensate proponents for their time and effort in participating in a competitive solicitation process.

An agreement amongst competing suppliers where they only bid on projects on a rotational basis to limit the local competition.

An agreement between the purchasing organization and the respondents that details the evaluation process for finalizing the performance contract.

A multi-stage procurement initiative involving various levels of prequalification and competition.

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