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DBIA EXAM 1 LATEST
QUESTION AND CORRECT ANSWERS
VERIFIED ANSWERS ALREADY GRADED A+
What does LPTA stand for? - ANSWER✔✔Low price technically acceptable- make equal not the same- DBIA not recommended for design build project What is best value procurement? - ANSWER✔✔quantitative and qualitative, two phase-RFP & RFQ, opportunity to optimize What is negotiate selection procurement? - ANSWER✔✔proposals and discussion/primarily used in private sector What is sole source procurement? - ANSWER✔✔limited use, typically applicable in emergency situations, essentially non-competitive What are addenda/amendments? - ANSWER✔✔used to modify or clarify RFP/RFQ- issued by owners/technical leveling is a no-no What is a low (hard) bid? - ANSWER✔✔involves price only/DBIA does not recommend for design build projects.What is BAFO? - ANSWER✔✔Best and final offer/discussions to address proposal weaknesses/deficiencies/once during proposal review process What are clarifications? - ANSWER✔✔Ability to address minor informalities in proposal/ proposers not allowed to revise proposals What are design criteria document? - ANSWER✔✔within RFP; primary purpose is to advance procurement-program, performance requirements and substantiation metrics What are deliverables? - ANSWER✔✔Proposals both in RFP and RFQ What are discussions? - ANSWER✔✔ability to address weaknesses and deficiencies What is the RFP? - ANSWER✔✔Request for Proposal contains design criteria, performance requirements, selection criteria, schedule, instruction, small business goal, order of precedence, etc. 1 / 2
What is the RFQ? - ANSWER✔✔Request for Qualifications- firm and team key trade partners/ key personnel- teams to advance to next stage What is short-listed? - ANSWER✔✔Appropriate number invited to submit to RFP; based on past performance, qualifications, financial capacity, safety, etc.What are Stipends? - ANSWER✔✔An acknowledgement of the level of effort put in when submitting/ enhances competition- without stipends some teams may pass on proposing due to the cost What does a successful design build require? - ANSWER✔✔trust, flexibility, speedy decision making, excellent communication, equitable contract terms, and clear scope definition What are some owner concerns with Design build? - ANSWER✔✔unfamiliarity, loss of design control, indirect relationship with A/E, developing clear & concise requirement, and procurement challenges What are some practitioners concerns with design build? - ANSWER✔✔unfamiliarity, potential for unbalanced risk transfer, owner involvement, errors & omission risk by the EOR What are the benefits of design build? - ANSWER✔✔facilitates fast track, owner can monitor design/price development, enhanced quality, reduced owner liability, and collaborative versus adversarial relationships What does collaboration mean in design build? - ANSWER✔✔open sharing of information and data, concerned about outcomes and the relationship What does integration mean in design build? - ANSWER✔✔collective knowledge, experience & expertise of entire design build team members in problem solving environment What is design build to budget? - ANSWER✔✔have the budget and looking for best solution within that budget What are the characteristics leading to design build? - ANSWER✔✔completion time critical, performance based requirements, collaboration important, flexibility of approach What are the characteristics leading to design bid build? - ANSWER✔✔Prescriptive specs, lowest initial price most important, schedule less important, and no legal barriers (open selection required)
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