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CTCM Exam Prep (May 2024) Questions And Answers Latest Update
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CTCM Exam Prep (May 2024) Questions And Answers Latest Update
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CTCM Exam Prep (May 2024) QuestionsAnd Answers Latest Update
Contract Value Answer: the initial value of the contract, plus any
amendments, renewals and extensions for the contract's full existence.
A contract with an initial value of $2 million, with three (3) optional, annual
renewals of the same amount. What is the contract value? Answer: 8 Million
SPD Answer: entity that delegates purchasing authority to state agencies for
non-IT goods and services.
Purchasing Authority Answer: ability of an agency to purchase goods and
services using state funds
Delegation of Purchasing Authority Answer: Assigning purchasing authority to
an agency.
Statewide Contract Development Team Answer: Develops and administers
over 250 statewide contracts representing several thousand-line items of
products/services
Develops Term, Managed, and TXMAS contracts
Processes open market requisitions on behalf of state agencies, universities, and
more than 1,600+ Texas SmartBuy members
,Statewide Contract Management Team assists with Answer: Day to day
contract management
Managing Term, Managed and TXMAS Contracts
Contract administration
Reporting requirements
Vendor performance issues
Office of Vehicle & Fleet Management Answer: Assists state agencies in
managing their vehicle fleet
StatewideTravelManagementProgram: Answer: Manages travel expenditures,
monitors travel activity, and provides discounted travel services
Statewide Mail Operations: Answer: Processes approximately 14-17K pieces of
mail per day
Historically Underutilized Business Program (HUB) Answer: Provides
opportunities to disadvantaged groups in an effort to remedy disparity in state
procurement contracting.
Women owned
Minority Owned
Service Disabled Businesses
Subcontracting opportunity for any procurement with an estimated contract value
of $100,000 or greater. Answer: You will most likely be working with a HUB
,Statewide Procurement Division (SPD) Answer: the central authority for state
agencies for procurement guidance, education, statewide contract development
services, and delegation of purchasing authority.
Training & Policy Development Answer: Conducts policy research and provides
training and certification for procurement professionals.
Outreach Answer: Provides the customer support for procurement inquiries
for the below programs:
Texas SmartBuy,
Texas SmartBuy Membership Program, Texas Purchasing from People with
Disabilities, Electronic State Business Daily Centralized Master Bidders List
Vendor Performance Tracking System
Procurement Oversight and Delegation Portal (POD) Answer: Conducts
solicitation reviews and delegates purchasing authority to state agencies for
service solicitations valued over $100,000
POD coordinates with the Contract Advisory Team (CAT)
Interagency Oversight Teams Answer: Contract Advisory Team (CAT) & Quality
Assurance Team (QAT)
Contract Advisory Team (CAT) Answer: Section of SPD that reviews
solicitations worth $5Million+ and consists of representatives from multiple
agencies.
, Solicitations that require CAT review must be submitted through the POD portal
Reviews may take up to 30 days to complete.
Expedited reviews dependent on SAO Enhanced Contract Monitoring ranking.
Quality Assurance Team (QAT) Answer: Oversees Major Information
Resources Projects (MIRPs) and associated contracts. $10 MILLION
QAT reviews: Answer: Project plans
Procurement plan/Acquisition Plan (> $10 million)
Proposed contract terms (> $10 million)
Partially executed contracts (> $10 million)
Applications Supported by SPD Answer: VPTS
TXMAS
Texas Smart Buy
CMBL
Texas SmartBuy Online Ordering System (Amazon) Answer: Statewide
Contracts for non-IT goods and services:
Set-Aside (TCI & WorkQuest)
Term contracts
Managed contracts
TXMAS contracts
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