100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
CTCD March 2024 Latest Update Correct 100% $9.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. CTCD
  4.  
  5. CTCD

Exam (elaborations)

CTCD March 2024 Latest Update Correct 100%
 0 purchase
  • Course
  • CTCD
  • Institution
  • CTCD

What is the dollar threshold for a Spot Purchase? - ANSWER <$10K Contracts over this amount are required to be posted on ESBD. - ANSWER $25K What is Purchasing Authority? - ANSWER The ability of an agency to purchase goods and services using state funds. What is Delegation of Purchasing...

[Show more]

Preview 2 out of 6  pages

Document information

  • June 3, 2024
  • 6
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ctcd
  • ctcd march 2024 latest update correct 100
  • what is the dollar threshold for a spot purchase
  • contracts over this amount are required to be post

Written for

  • CTCD
All documents for this subject (327)

Seller

avatar-seller
suedocs

Reviews received

Content preview

CTCD March 2024 Latest Update Correct
100%
What is the dollar threshold for a Spot Purchase? - ANSWER <$10K

Contracts over this amount are required to be posted on ESBD. - ANSWER $25K

What is Purchasing Authority? - ANSWER The ability of an agency to purchase goods
and services using state funds.

What is Delegation of Purchasing Authority? - ANSWER Assigning purchasing authority
to an agency.

How many vendors must be solicited for CMBL purchases that are over $10K and up to
$25K? - ANSWER 3 (2 of them must be HUB vendors)

How many vendors must be solicited for CMBL purchases greater than $25K? -
ANSWER All vendors within the geographic region

What is the timeframe for reporting to the VPTS? - ANSWER 30 days

Contracts over this value require a report to the VTPS - ANSWER >$25K

For contracts valued over $5M, when is a report to VTPS required? - ANSWER Each
year and at every milestone

For contracts above this value, a non-report to the VTPS prevents the contract from
being extended until the VTPS report is submitted - ANSWER >$5M

What document is due annually by November 30th? - ANSWER Agency procurement
plan

For contracts valued at $1M and above, what two forms are required? - ANSWER SAO
Nepotism Disclosure form and Form 1295 (vendor)

At what point in the procurement process is vendor communication very limited? -
ANSWER During solicitation drafting

This type of purchase requires an acquisition plan. - ANSWER Major Information
Resource Projects (MIRPs)

What are the condensed purchasing process steps? - ANSWER State and federal
surplus

, Set-aside programs
Interagency interlocal co-op contracts
SPD term contracts
TXMAS / SPD delegated purchases
SPD administration agency specific contracts

The set-aside programs consist of: - ANSWER TCI
State Use (WorkQuest)

This can be requested from TCI when the following cannot be met: price; not able to
meet delivery date, precise specifications - ANSWER TCI waiver

The State Use program exceptions consist of the following: - ANSWER Quality
Quantity
Life Cycle Costs
Delivery Time

A State Use exception may not be based on: - ANSWER price

This type of report is submitted to SPD monthly when purchases are not made though
WorkQuest - ANSWER State Use Exception report

The price listed on the TXMAS contract is the: - ANSWER maximum price allowable

For TXMAS purchases, a PO can be issued directly to the vendor for amounts up to: -
ANSWER $50K

For TXMAS purchases over this amount, bids from 3 TXMAS vendors must be obtained
- ANSWER >$50K

SPD Delegation by Rule refers to purchases within these dollar thresholds: - ANSWER
<$10K (spot purchases)
Goods up to $50K
Services up to $100K

These two types of purchases are allowed under SPD Delegation By Rule - ANSWER
Internal repair purchases
Emergency purchases

A delegation request to SPD using an Open Market Request is required for purchases
of this greater than this amount - ANSWER Goods >$50K

A delegation request to SPD through the POD is required for purchases of this greater
than this amount - ANSWER Services >$100K

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller suedocs. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71250 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling

Recently viewed by you

Exam (elaborations) ·

(0)

68W FC1 Questions With Complete Solutions

Package deal ·

(0)

Samenvattingen HBO rechten jaar 1 blok 3

Package deal ·

(0)

Alle stof tentamen leerjaar 2 periode 4

Exam (elaborations) ·

(0)

GIZMO WITH COMPLETE SOLUTIONS 100%2023/2024

Exam (elaborations) ·

(0)

CT EXAM #2 QUESTIONS WITH COMPLETE ANSWERS

Exam (elaborations) ·

(0)

NR 507 WEEK 7 QUIZ 3 - QUESTIONS AND ANSWERS

Exam (elaborations) ·

(0)

NR 507 WEEK 7 QUIZ 2 - QUESTIONS AND ANSWERS

Summary ·

(0)

SAMENVATTING Zelftoets gedragsverandering

$9.99
  • (0)
Add to cart
Added