X hits on this document

155 views

0 shares

0 downloads

0 comments

14 / 45

4

Exam 1: Foundation of Supply Management

1-A. Contracting and Negotiation

1-A-4 Continued

  • 2)

    Types of obligation documents

    • A)

      Written vs. oral contracts

1.0 Reasons for written contracts

2.0 Circumstances where oral contracts are acceptable

3.0 Electronic 3.1 Trading partner agreements 4.0 Statute of frauds

  • 3)

    Purchase orders

  • 4)

    Letters of intent

    • A)

      Purpose

    • B)

      Types

1.0 Binding 2.0 Nonbinding

  • 5)

    Contract/agreement types

    • A)

      Fixed price

1.0 Firm fixed price 2.0 Fixed price with escalation 3.0 Fixed price with redetermination 4.0 Fixed price with incentive 5.0 Fixed price level of effort

6.0 Fixed price with downward price protection

7.0 Fixed price with remedies B) Cost reimbursable 1.0 Cost plus fixed fee 2.0 Cost plus percentage of cost 3.0 Cost plus incentive fee 4.0 Cost plus award fee 5.0 Cost without fee 6.0 Cost sharing

C) Indefinite delivery contracts 1.0 Indefinite delivery/Indefinite quantity 2.0 Task order and delivery order 3.0 Time and material contracts 4.0 Blanket agreements 5.0 Requirements contracts

  • D)

    Letter contracts

  • E)

    Dealer’s agreement

  • F)

    Service agreements

1.0 Master service agreements 2.0 Professional service agreements 3.0 Maintenance agreements 4.0 Performance-based agreements G) Licensing agreements 1.0 Software 2.0 General 3.0 Technology

    • H)

      Master purchase agreements (e.g., IT hardware, desktop, supplies, materials)

    • I)

      Construction contracts (American Institute of Architects, Americans With Disabilities requirements)

  • 6)

    Purchase order confirmations and acknowledgments

    • A)

      When to use

    • B)

      Unilateral vs. bilateral instruments

    • C)

      Exceptions to terms and conditions

1.0 Seller’s exceptions to purchaser’s items 2.0 Purchaser’s exceptions to seller’s items

ISM CPSM Exam Specifications

Document info
Document views155
Page views155
Page last viewedMon Jan 16 16:41:50 UTC 2017
Pages45
Paragraphs3336
Words10275

Comments