CTCM EXAM 2024 QUESTIONS AND ANSWERS 100% VERIFIED ANSWERS GRADED A+
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contract value - Answer-Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence
/.A contract with an initial value of $4 million, with 3 optional annual renewal...
contract value - Answer-Initial Value of the contract, plus any amendments, renewals
and extensions for the contract's full existence
/.A contract with an initial value of $4 million, with 3 optional annual renewals of the
same amount. What is the contract value? - Answer-4 + (4+4+4 renewals) = 16 million
/.What is SPD? - Answer-State Procurement Division - Delegates purchasing authority
to state agencies for non IT goods & services
/.What is Purchasing authority? - Answer-The ability of an agency to purchase goods &
services using state funds
/.What is Delegation of Purchasing Authority? - Answer-Assigning purchasing authority
to an agency
/.Statewide Contract Development Team does what? - Answer-Develop & administer
over 250 statewide contracts
/.Statewide Contract Development Team develops - Answer-Term, managed, and
TXMAS contracts
/.Statewide Contract Development Team processes - Answer-Open Market Requisitions
on behalf of the state
/.Which contracts do Statewide Contract Development team assist with? - Answer-
Term, Managed, and TXMAS
/.Statewide contract management team assists with day to day - Answer-Contract
management
/.Statewide contract management team assists with managing - Answer-Term,
managed, and TxMAS contracts
/.Statewide contract management team assists with contract - Answer-Administration
/.Statewide contract management team assists with reporting - Answer-Requirements
/.Statewide contract management team assists with vendor - Answer-Performance
issues
, /.Statewide Mail Operations - Answer-Processes approx 14-17K pieces of mail per day
/.Office of Vehicle & Fleet management - def - Answer-Assists state agencies in
managing their vehicle fleet
/.Statewide Travel Management Program monitors - Answer-travel activity
/.Statewide travel management program manages - Answer-Travel expenditures
/.Statewide travel management program provides - Answer-Discounted travel services
/.HUB promotes - Answer-Full and equal business opportunities
/.HUB is a subcontracting opportunity for - Answer-Any procurement with an estimated
contract value of 100,000 or greater
/.Define HUB - Answer-Historically Underutilized Business Program
- Promotes full and equal business opportunities
- Subcontracting opportunity for any procurement with an estimated contract value of
$100,000 or greater
/.Training & Policy Development provides - Answer-training courses, certifications, and
continuing education courses for procurement professionals
/.Training & Policy Development conducts - Answer-Policy outreach and clarification
/.Outreach - def - Answer-Provides customers support for procurement inquiries for the
State Programs (ex. TxSmartBuy, ESBD, CMBL, etc)
/.State programs list - Answer-TxSmartBuy, TxSmartBuy membership program, Texas
Purchasing from People with Disabilities, electronic state business daily, centralized
master bidders list, vendor performance tracking system
/.Establishes and manages the state vehicle reporting system, assists state agencies
and institutions with the management of their fleet vehicles - Answer-Office of Vehicle
Fleet Management
/.Contract Advisory Team (CAT) - Answer-Reviews and makes recommendations on
solicitations with an estimated value of at least $5 million
/.Provides opportunities to disadvantaged groups in an effort to remedy disparity in state
procurement and contracting - Answer-Historically Underutilized Business Program
/.Quality Assurance Team (QAT) - Answer-Oversees Major Information Resources
Projects (MIRPs) and associated contracts over $10 million
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