Before issuing a public announcement of the tender for a P3, a preliminary report on the proposed P3 must be submitted to the auditor, state treasurer, budget committees, and the Department of Legislative Services, as required by law. Following the review and comment period on the pre-solicitation report and prior to the public announcement, the authorized body must apply to the BPW to formally designate the public infrastructure asset as P3 and approve the tendering methodology. Pam, a real estate agent with Rob Realty, is the designated agent for Brian`s properties. Mary sees the property on Rob`s website and calls Greg, another real estate agent for Rob, to see if hell shows her the property. Who does Greg have an agency relationship with at this point? (Brian Pam`s client, Mary his client, pam the listing broker or steals his broker) The procurement authority should confirm that each member of the evaluation committee is able to fulfill the following roles and responsibilities in conducting the initial assessment: In general, an authorized entity may establish a P3 and enter into an agreement for any public infrastructure asset for which the authorized entity is responsible. The Control Act[33] requires authorised bodies to issue regulations and establish procedures for the preparation, promotion, evaluation, award and delivery of a P3. Regulations and processes for P3s are still ongoing. Which of the following conversations would LIKELY be considered an important contact between a broker and a potential buyer? (the area the buyer wants to look for, the maximum mortgage amount the buyer can afford, the name of the buyer`s dog, the style of the house the buyer prefers) Real estate agent Julie shows a listed property when a buyer client asks about the condition of the roof. Julie replies that the roof is in good condition to her knowledge. In fact, the roof has a leak that its commercial customer never told him about. This could be an example of (negligent omission, negligent misrepresentation, wilful omission, wilful misrepresentation). What information is NOT included in the Working with Realtors brochure? (the acceptable range of commissions a seller can pay, a confirmation field that the consumer must sign, the obligations of an agent of the seller and an agent of the buyer, descriptions of the types of agency relationships) Grants and other federal payments spent through the state budget to fund various federally funded activities. These funds are subject to applicable federal laws and regulations.
Federal funding often requires government funding. Before an organization can spend these funds, its budget must include an allocation of federal funds that includes at least the amount of funds spent. Medicaid and transportation programs are the largest sources of federal funding in the state budget. If federal funds are allocated to transportation programs, the appropriate modal administrations of the Maryland Department of Transportation (MDOT) (Maryland Aviation Administration, Maryland Transit Administration and State Highway Administration) must implement the federal DBE program in accordance with the MDOT DBE Program Guide, available at [insert link to DBE manual]. 23] A contract must include certain elements to be considered legal: before entering into contracts, an organization should determine whether it can meet its needs with government resources, including the use of existing staff, interagency agreements or letters of intent (see section 2.2). A procurement of up to $5,000 is a Category I HCP and may only be awarded at the discretion and with the authorization of an authorized purchaser, including procurement officers and/or designated CPC holders. It is recommended that buyers/procurement officers obtain more than one quote and solicit bids from certified minorities, veterans and small businesses. Rob his broker (Greg is an agent of his employer broker Rob, he has no fiduciary responsibility to anyone else. Showing a property to someone does not mean an agency If the contract is based on the price of the estimated offer, IFB must specify the measurable objective criteria according to which the most advantageously evaluated offer price is determined. Which of these would be the termination of a mandate relationship due to the achievement of the objective? (The broker leaves the seller before the end of the registration period, the broker does not find a buyer before the end of the registration period, the listing broker sells the property, the seller fires his agent before the end of the registration period) All four are clients (typically, visitors to an open house are simply clients, one of them not being an agency that was formed until the relationship became more serious) Joe, Sara and all other affiliated licensees (in North Carolina, all affiliated licensees have the same agency as all brokerage clients, unless they appoint appointed officers) Page 73 Iggy receives a power of attorney, to take care of all aspects of her elderly mother`s life.