Which procurement method is based on a competitively bid indefinite-delivery-indefinite quantity contract between an entity and a construction contractor?

Study for the CPPB Domain II Sourcing Test. Prepare with engaging flashcards and multiple-choice questions. Enhance your procurement skills and get ready to excel in your exam!

Multiple Choice

Which procurement method is based on a competitively bid indefinite-delivery-indefinite quantity contract between an entity and a construction contractor?

Explanation:
Job Order Contracting is a procurement approach where an entity and a construction contractor sign a competitively bid indefinite-delivery-indefinite-quantity contract. This setup is built for handling a variety of small to mid-size construction tasks over the life of the contract. Instead of bidding each project separately, the owner issues task orders as needed, pricing them against a pre-priced unit-price book included in the contract. This arrangement speeds up the delivery of work, keeps price competition, and provides predictable costs because the work is priced upfront within the unit-price schedule. The indefinite delivery and indefinite quantity aspect means multiple task orders can be issued over time for different scopes, all under the same overarching contract. The other options describe price catalogs or procurement pooling rather than this contract structure. A Unit Price Book (UPB) is a catalog of unit prices used for estimating or pricing work, not a standing contract with a contractor for ongoing task orders. Cooperative Procurement involves multiple agencies pooling their buying power, which is about how purchases are arranged rather than the specific contract form used for construction work.

Job Order Contracting is a procurement approach where an entity and a construction contractor sign a competitively bid indefinite-delivery-indefinite-quantity contract. This setup is built for handling a variety of small to mid-size construction tasks over the life of the contract. Instead of bidding each project separately, the owner issues task orders as needed, pricing them against a pre-priced unit-price book included in the contract. This arrangement speeds up the delivery of work, keeps price competition, and provides predictable costs because the work is priced upfront within the unit-price schedule. The indefinite delivery and indefinite quantity aspect means multiple task orders can be issued over time for different scopes, all under the same overarching contract.

The other options describe price catalogs or procurement pooling rather than this contract structure. A Unit Price Book (UPB) is a catalog of unit prices used for estimating or pricing work, not a standing contract with a contractor for ongoing task orders. Cooperative Procurement involves multiple agencies pooling their buying power, which is about how purchases are arranged rather than the specific contract form used for construction work.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy