Commercial Contracting performance management regime

Commercial Contracting   Was this the right thing to do? a. No, because even with these contracts the pricing can change b. No, because this is an unfair term and therefore is not legally binding c. Yes, because this has provided certainty and so is an aid to budgeting d. Yes, because this type of pricing will always be better than a spot price AC: 3.3 Correct answer: C Q4. Ace Group is seeking to encourage one of its key suppliers to improve its contract delivery performance. Ace Group wants to encourage the supplier to identify cost savings and ways to enhance quality. Which of the following would help? a. Gainshare b. Indexation c. Liquidated damages d. Service credits AC: 3.3 Correct answer: A Q5. When  CIPS L4M3 Exam Dumps is the best time for the buyer’s express terms to be provided to the supplier in a competitive bidding process with negotiation? a. At the contract kick off meeting b. When the negotiation is nearing completion c. With the contract award notification d. As part of the invitation to tender AC: 3.1 Correct answer: D 4 Q6. Which of the following are often used in conjunction with service level agreements (SLAs) as part of the performance management regime to encourage the supplier to meet the buyer’s requirements? a. Service guarantees b. Service credits c. Service warranties d. Service penalties LO: 2 AC: 2.2 Correct answer: B Q7. A major public body maintain a large and diverse property estate comprising more than 100 buildings in multiple locations around the country. To maintain this property estate, which of the following is likely to be the most effective arrangement between the organisation and suppliers?

Click Here More Info ……. >>>>>>>>>  https://dumpsboss.com/cips-exam/l4m3/