Supplier Selection Methods Quiz
28 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What does the term 'goods' encompass in the context of procurement?

  • Machinery and IT equipment
  • Materials, furniture, fixtures, raw material, spares, machinery, equipment, office supplies and IT equipment (correct)
  • Only materials and machinery
  • Furniture and office supplies

What falls under the category of 'works' in procurement?

  • Engineering and related works including construction, renovations, extensions, and repairs (correct)
  • Civil works only
  • Renovations and repairs
  • Only new construction of structures

What are the objectives of the Determine Procurement Method process?

  • Ensure fair, unbiased, consistent procurement delivering value and compliance with regulations (correct)
  • Ignore compliance with regulations for faster procurement
  • Speed up the procurement process without considering fairness
  • Maximize profits and reduce costs

Who proposes the mode of procurement based on estimated value and type of procurement need?

<p>Business Department with validation from Supply Chain Management (A)</p> Signup and view all the answers

What happens if both unit heads do not align on the mode of procurement proposed?

<p>It shall be escalated to the relevant reporting line for a decision (D)</p> Signup and view all the answers

5

<p>5.0 Determine Procurement Method (B)</p> Signup and view all the answers

What is one objective of Determine Procurement Method?

<p>Ensure compliance with Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010 (A)</p> Signup and view all the answers

In which scenario can repeat procurement be applied?

<p>When the goods or services have been competitively tendered and satisfactorily executed/received within two years (B)</p> Signup and view all the answers

Under what circumstances may NNPC Limited engage in emergency procurement?

<p>When the country is seriously threatened by a disaster, war, or act of God (A)</p> Signup and view all the answers

For which type of procurement approach would a reverse auction be beneficial?

<p>Non-critical standardized items with many suppliers/vendors (A)</p> Signup and view all the answers

When should NNPC Limited introduce the use of Purchasing Cards (P-Cards)?

<p>For non-critical and low-value procurement needs (D)</p> Signup and view all the answers

5.1

<p>$100m for competitive tendering and $8m for single source tendering (D)</p> Signup and view all the answers

Under what conditions can NNPC Limited engage in repeat procurement?

<p>When the goods have been competitively tendered and satisfactorily executed/received within two years from the original tender date. (C)</p> Signup and view all the answers

In which scenario should NNPC Limited use reverse auctions?

<p>Non-critical standardized items with multiple suppliers/vendors. (C)</p> Signup and view all the answers

Under what circumstances should NNPC Limited introduce Purchasing Cards (P-Cards)?

<p>For non-critical and low-value procurement needs. (C)</p> Signup and view all the answers

In what scenario can NNPC Limited engage in emergency procurement?

<p>When the country is seriously threatened by a disaster, war, insurrection, or act of God. (C)</p> Signup and view all the answers

Under what conditions can NNPC Limited engage in repeat procurement?

<p>When the goods have been competitively tendered and satisfactorily executed/received within two years from the original tender date. (C)</p> Signup and view all the answers

What is the procurement category for price-based competition?

<p>Reverse Auction (B)</p> Signup and view all the answers

When is Competitive procurement preferred?

<p>For value-driven purchases (A)</p> Signup and view all the answers

What is the process for inviting only high-quality bids from pre-qualified vendors?

<p>Restricted Tendering (D)</p> Signup and view all the answers

What are P-cards used for?

<p>Unplanned and urgent small-item expenditures (B)</p> Signup and view all the answers

When does NNPC Limited use open competitive bidding?

<p>For procurement of goods and works, prioritizing local industries and companies (B)</p> Signup and view all the answers

Which mode of procurement applies to urgent or specialized procurement?

<p>Competitive procurement (C)</p> Signup and view all the answers

In which situation can Non-discriminatory supplier selection be used?

<p>Emergency situations (D)</p> Signup and view all the answers

When is Selective Bidding (Request for Quotations) used?

<p>For small contracts (C)</p> Signup and view all the answers

What takes place at the first stage of Two-Stage Bidding?

<p>Evaluation of technical proposals (B)</p> Signup and view all the answers

When is Sole/Single-Source Procurement (Direct Contracting) allowed?

<p>Due to urgency or specialized nature of goods/services (D)</p> Signup and view all the answers

What must be documented and communicated when justifying sole sourcing?

<p>Justification for sole sourcing (B)</p> Signup and view all the answers

Study Notes

  • Suppliers are selected through various methods for contracts with limited qualified suppliers or exceptional reasons.
  • Non-discriminatory supplier selection can be used for small numbers of vehicles or machine tools, emergency situations, pharmaceuticals, highly specialized construction equipment, and as an exception rather than the norm.
  • In using Restricted Tender, NNPC Limited prepares a list of potential suppliers, ensuring a broad enough selection for competitive pricing.
  • Selective Bidding (Request for Quotations) is used for small contracts, requiring written/electronic quotations from at least three reputable domestic or international suppliers.
  • Technical proposals are evaluated and discussed with bidders at the first stage of Two-Stage Bidding.
  • After the evaluation of technical proposals, bidders are invited to submit price proposals and revised technical proposals in compliance with the acceptable technical standard.
  • Contract is awarded to the bidder with the lowest evaluated price in the second stage of Two-Stage Bidding.
  • Sole/Single-Source Procurement (Direct Contracting) allows purchasing goods from a single source due to urgency or specialized nature of goods/services.
  • Justification for sole sourcing must be documented and communicated to the appropriate authority.
  • Reasons for sole sourcing include availability of goods/services only from a particular supplier or contractor, urgency, standardization, or extension of existing contracts.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Description

Test your knowledge about the non-discriminatory methods of selecting suppliers and contractors for limited procurement situations. Explore the criteria and reasons for using specific supplier selection processes.

More Like This

Mastering Supplier Selection
12 questions
Supplier Selection and Evaluation Quiz
9 questions
Supplier Selection Criteria Overview
30 questions
Use Quizgecko on...
Browser
Browser