Certified Texas Contract Manager Practice Exam

Which of the following is NOT a type of procurement method?

1. Request For Qualifications (RFQ)

2. Request For Price (RFP)

3. Request For Proposal (RFP)

4. Inter-Agency Cooperation (IAC) Agreements

The correct answer is: Request For Price (RFP)

The correct choice reflects a misunderstanding because a Request For Price (RFP) is not typically recognized as a standard procurement method in the same way the other options are. Instead, procurement methods generally include mechanisms like Request For Qualifications (RFQ), Request For Proposals (RFP), and Inter-Agency Cooperation (IAC) Agreements. Request For Qualifications (RFQ) is used when an organization seeks to establish the qualifications of potential contractors or suppliers before inviting proposals or bids. This method emphasizes the capabilities and experiences of vendors rather than their pricing. Request For Proposals (RFP) is a widely accepted method that invites suppliers to submit proposals to provide specific goods or services, and it allows for in-depth evaluations based on various criteria beyond just cost. Inter-Agency Cooperation (IAC) Agreements facilitate collaboration between different governmental agencies, allowing them to enter into agreements for shared resources or services which can streamline procurement processes. Recognizing these definitions clarifies that the option erroneously labeled as a method—a Request For Price—does not exist in standard procurement terminology, reinforcing the correctness of the chosen answer.