Txmas - Study guides, Class notes & Summaries

CTCM CERTIFICATION EXAM WITH 200 EXAM PRACTICE QUESTIONS AND CORRECT VERIFIED ANSWERS GRADED A/ 2024 CERTIFIED TEXAS CONTRACT MANAGEMENT CERTIFICATION EXAM LATEST (NEW) TXMAS contracts are also known as A. Texas Multiple Award Schedule contracts B. Texas Managed Automated Scheduled contracts C. Texas Mass Awarded Contracts D. Texas Multiple Available Sourced contracts - ANSWER-A. Texas Multiple Award Schedule contracts The Statewide Procurement Division is part of the Comptroller'...

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 ...

contract value 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? 4 + (4+4+4 renewals) = 16 million What is SPD? State Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services What is Purchasing authority? The ability of an agency to purchase goods &...

What does SPD stand for? - Accurate AnswerStatewide Procurement Division What 5 Divisions does SPD Encompass? - Accurate AnswerContract Development, Contract Management, Procurement & Policy Outreach, HUB, Statewide Fleet, Travel & Mail Initial Value of $5M with 3 optional renewals. Contract Value? - Accurate Answer$20M SPD DELEGATION BY RULE INCLUDES - Accurate AnswerPURCHASES OF $5K OR LESS - SPOT PO ONE TIME PURCHASES OF GOODS $50K OR LESS PURCHASES OF SERVICES OF $100K OR LESS DI...

CTCM Exam Questions With Revised Correct Answers <Latest Update> 1) Contract Value - ANSWER the initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. 2) 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 3) SPD - ANSWER entity that delegates purchasing authority to state agencies for non-I...

Contract Value correct answer: is the is the initial value of the contract, plus any amendments, extensions, and renewals for the contract's full existence. SPD Statewide Procurement Division correct answer: is the entity that delegates purchasing authority to state agencies for non IT goods and services. SPD consists of correct answer: -Procurement Policy and Outreach -HUB -Statewide fleet, travel, and mail -Contract Management -Contract Development Statewide Contract De...

CTCD 2023 (To study for CTCD exam) Already Passed!! Texas SmartBuy Online Ordering System Statewide Contracts for non-IT goods and services: -Set-Aside (TCI & WorkQuest) -Term contracts -Managed contracts -TXMAS contracts Contract Value The initial value of the contract, INCLUDING anticipated extensions and renewals for the contract's full existence. Purchasing Authority The ability of an agency to purchase goods and services using state funds. Delegation of Purchasing Authority A...

CTCD Exam Questions With 100% Correct Answers 2024 Texas SmartBuy Online Ordering System - Correct Answer-Statewide Contracts for non- IT goods and services: -Set-Aside (TCI & WorkQuest) -Term contracts -Managed contracts -TXMAS contracts

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 ...

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 st...