Choose the abbreviation Quality Fee Method QFM QM QSM QEC
QFM — Quality Fee Method
Housing and Built Environment
A structured framework for evaluating the quality and fee proposals of consultancy firms in public-sector construction-related tenders.
View in full glossary Next question Choose what this abbreviation means TEC Tender Evaluation Condition Tender Evaluation Centre Tender Evaluation Challenge Tender Evaluation Committee
TEC — Tender Evaluation Committee
Finance and Economy
A committee that evaluates tender submissions against the stated criteria and records its assessment for the Tender Approving Authority.
View in full glossary Next question Choose the abbreviation Purchase Order PG PR PO PB
PO — Purchase Order
Finance and Economy
The formal order issued to a supplier after the required procurement and expenditure approvals have been obtained.
View in full glossary Next question Choose the abbreviation Quality Fee Method for Accredited Checking Services QFM QFM(AC) QSMC QSMO
QFM(AC) — Quality Fee Method for Accredited Checking Services
Housing and Built Environment
A BCA evaluation framework for procuring accredited checking services using quality, submission-quality and fee components.
View in full glossary Next question Choose the definition Public moneys Purchase Request Revenue, loans, trusts, securities and other money raised or received by or on behalf of Singapore. Government Electronic Business GeBIZ Trading Partner
Public moneys — Revenue, loans, trusts, securities and other money raised or received by or on behalf of Singapore.
Finance and Economy
View in full glossary Next question Choose the abbreviation Purchase Request PR PK PO PS
PR — Purchase Request
Finance and Economy
An internal request to start a purchase, route it for approval and, where applicable, convert it into a purchase order.
View in full glossary Next question Choose what this abbreviation means ITQ Invitation to Quote Invitation to Quarantine Invitation to Quotation Invitation to Question
ITQ — Invitation to Quote
Finance and Economy
A sourcing document inviting suppliers to submit quotations for a government procurement.
View in full glossary Next question Choose the definition Debarment Government Electronic Business An administrative restriction preventing a supplier from receiving new government contracts for a stated period after specified default or misconduct. Parliamentary authority for interim government expenditure before the annual Budget is approved, covering ministries' immediate needs. An AGO audit of a non-government entity receiving public funds, conducted under a Minister's direction.
Debarment — An administrative restriction preventing a supplier from receiving new government contracts for a stated period after specified default or misconduct.
Finance and Economy
View in full glossary Next question Choose the term An AGO audit of a non-government entity receiving public funds, conducted under a Minister's direction. Limited quotation Supplementary Estimates Follow-the-dollar audit Professional scepticism
Follow-the-dollar audit — An AGO audit of a non-government entity receiving public funds, conducted under a Minister's direction.
Finance and Economy
View in full glossary Next question Choose the definition Public stores Movable property owned, possessed or controlled by Singapore and subject to public-finance custody, accounting and disposal requirements. Government Electronic Business A quotation process in which one or a few selected suppliers are invited to bid against stated requirements. Invitation to Tender
Public stores — Movable property owned, possessed or controlled by Singapore and subject to public-finance custody, accounting and disposal requirements.
Finance and Economy
View in full glossary See results Round complete
0 out of 10
In this browser
Rounds 0
Best 0 /10
Correct answers 0 Review this round You got every answer right. Nothing to review this time.
Correct answer
QFM — Quality Fee Method
Review in glossary Correct answer
TEC — Tender Evaluation Committee
Review in glossary Correct answer
PO — Purchase Order
Review in glossary Correct answer
QFM(AC) — Quality Fee Method for Accredited Checking Services
Review in glossary Correct answer
Public moneys — Revenue, loans, trusts, securities and other money raised or received by or on behalf of Singapore.
Review in glossary Correct answer
PR — Purchase Request
Review in glossary Correct answer
ITQ — Invitation to Quote
Review in glossary Correct answer
Debarment — An administrative restriction preventing a supplier from receiving new government contracts for a stated period after specified default or misconduct.
Review in glossary Correct answer
Follow-the-dollar audit — An AGO audit of a non-government entity receiving public funds, conducted under a Minister's direction.
Review in glossary Correct answer
Public stores — Movable property owned, possessed or controlled by Singapore and subject to public-finance custody, accounting and disposal requirements.
Review in glossary