Purchasing Flashcard

Front

What does EPP stand for in Washtenaw County's procurement policy?

Back

Environmental Preferable Purchasing

Front

What is the minimum amount that triggers the requirement for formal bids in Washtenaw County's procurement policy?

Back

Greater than $25,000

Front

What type of purchases requires approval from the Board of Commissioners in Washtenaw County's procurement process?

Back

Certain high-value purchases

Front

Describe the significance of conducting a risk management review in the procurement process?

Back

They ensure that potential risks are assessed and there is adequate insurance coverage to mitigate those risks.

Front

What are the recognized types of contracts in Washtenaw County's procurement policy? Options: Professional services, grants, leases, and purchases; Services, revenue, grants, and supplies; Goods, services leases, and contracts; Services, leases, revenue, and professional services.

Back

Services, leases, revenue, and professional services.

Front

Who is responsible for reviewing vendor-issued contracts in Washtenaw County?

Back

The Corporation Counsel must review vendor-issued contracts.

Front

What is the purchase order(PO) requirement for transactions under $500 in Washtenaw County?

Back

No PO is needed

Front

What is the first step in the contract life cycle?

Back

Department initiates

Front

Which of the following is not a common departmental pitfall?
Options:
Failing to follow Pricing/bidding thresholds,
Missing RFP Language in Contract,
Bypassing PO or legal steps and using direct pay,
Only using direct pay for transactions that fill policy and procedure.

Back

Only using direct pay for transactions that fill policy and procedure.

Front

Vendor selection for RFQ is based on: Price, Technical qualifications, Responsiveness, Environmental and equity considerations.

Back

All of the Above