NIGP CPP Questions with Complete

NIGP – CPP Questions with Complete Solutions (Latest 2025) You are leading the procurement for a new enterprise resource planning IT system that will be deployed across the entity. Proposers likely will use various subcontractors for integration, project management, and training. The users have expressed concern about financial viability of the successful contractor; the entity does not have the financial resources to mitigate risk from a default. What requirement would best protect the entity? - Correct Answers ✅Legal or statutory requirements You are leading the procurement for a new enterprise resource planning IT system that will be deployed across the entity. Proposers likely will use various subcontractors for integration, project management, and training. The users have expressed concern about financial viability of the successful contractor; the entity does not have the financial resources to mitigate risk from a default. What requirement would best protect the entity? - Correct Answers ✅Performance bond Which type of contract pricing is appropriate when market or labor conditions are unstable over an extended production period? - Correct Answers ✅Fixed price with escalation Statutes, ordinances, charters, rules, regulations, policies and

procedures are all examples of: - Correct Answers

✅Contract terms and conditions 1 / 2

NIGP – CPP Questions with Complete Solutions (Latest 2025) The Statute of Frauds is a 1677 device passed by the English Parliament and carried down to us by common law and the

actions of state legislatures that: - Correct Answers

✅Requires certain promises and agreements to be evidenced in writing

The three types of competition found in the market place are:

• Correct Answers ✅Pure, imperfect and monopoly

What is the bidder's obligation when a bid that was accepted by the agency contained minor clerical errors? - Correct Answers ✅The bidder must perform the contract.Price fixing, bid rigging and restraints of trade are prohibited by this first of its kind federal act. - Correct Answers ✅Sherman Anti-Trust Act Assignment clauses are often included in solicitations and contracts. What are they and why do we need them? - Correct Answers ✅Assignment allows either party to assign or transfer their rights, obligations, or property to another. We need them in case the contracted party terminates service by going out of business or can't fulfil their obligation but can replace with a suitable substitution preventing the ending the agreement.

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