1295 form Study guides, Class notes & Summaries

COMPLETE CTCD TEST EXAM WITH 100% CORRECT ANSWERS. The procurement cycle - Correct Answer: 1. Procurement planning 2. Procurement method determination 3. Vendor solicitation 4. Contract formation and award 5. Contract management Fundamentals of procurement - Correct Answer: 1. Fairness/transparency 2. Best value for the state 3. Own the mission 4. Good steward of public records Texas comptroller of public accounts - Correct Answer: state tax collector, treasurer, accountant, develops a...

CTCD/CTCD LATEST EXAM 2023 Contract Value 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 is the entity that delegates purchasing authority to state agencies for non IT goods and services. SPD consists of -Procurement Policy and Outreach -HUB -Statewide fleet, travel, and mail -Contract Management -Contract Development Statewide Contract Development Team -Develop...

CTCD TEST QUESTIONS AND ANSWERS State agencies must post solicitations to ESBD with a value of ____________? $25,000 The majority of SPD contracts are processed through what system? Texas Smartbuy Vendor Performance Tracking System is required at what level? $25,000 Agency procurement plans are due annually on 11/30? True _________ is an explicit act of using one's position to favor a relative. Nepotism Consanguinity & Affinity Relationship is to the First & Second degree? True 1...

CTCD March 2023 QUESTIONS WITH 100% CORRECT ANSWERS. What is the dollar threshold for a Spot Purchase? <$10K Contracts over this amount are required to be posted on ESBD. $25K What is Purchasing Authority? The ability of an agency to purchase goods and services using state funds. What is Delegation of Purchasing Authority? Assigning purchasing authority to an agency. How many vendors must be solicited for CMBL purchases that are over $10K and up to $25K? 3 (2 of them must be HUB v...

CTCD March 2023 QUESTIONS WITH 100% CORRECT ANSWERS. What is the dollar threshold for a Spot Purchase? <$10K Contracts over this amount are required to be posted on ESBD. $25K What is Purchasing Authority? The ability of an agency to purchase goods and services using state funds. What is Delegation of Purchasing Authority? Assigning purchasing authority to an agency. How many vendors must be solicited for CMBL purchases that are over $10K and up to $25K? 3 (2 of them must be HUB v...

Certified Texas Contract Developer Test Rated 100% Correct

CTCD March 2023 Questions With Complete Solutions. What is the dollar threshold for a Spot Purchase? <$10K Contracts over this amount are required to be posted on ESBD. $25K What is Purchasing Authority? The ability of an agency to purchase goods and services using state funds. What is Delegation of Purchasing Authority? Assigning purchasing authority to an agency. How many vendors must be solicited for CMBL purchases that are over $10K and up to $25K? 3 (2 of them must be HUB ven...

Certified Texas Contract Manager (CTCM Study Guide) Questions With Correct Answers. Statewide Procurement Division (SPD) The central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation of purchasing authority. Assists its statewide government customers with all stages of the procurement cycle. Policy and Outreach Conducts policy research, training and certification customer service support services. Statewide Contract D...

Certified Texas Contract Developer (CTCD) Q & A Verified 100% Correct!! Legal Elements of a Contract • Offer • Acceptance • Legal Purpose • Mutuality of Obligation • Certainty of Subject Matter • Consideration • Competent Parties The essential provisions that must be included in every contract • Scope of work, • Financial provisions (e.g., price and payment terms), • Contract term and termination provisions, and • Identification of the contracting parties. T...

CTCM TRAINING QUESTIONS WITH 100% COMPLETE SOLUTIONS. Program that gives minority businesses priority? Historically Underutilized Business - HUB Contract for SERVICES @ 150k, where do you go to get delegation of purchasing authority? Either Comptroller of Public Accounts (CPA) or Procurement Oversight & Delegation (POD) Contract Developers post solicitations $25k and up on..... Electronic State Business Daily Where do you locate filed contracts with the state? Texas SmartBuy. The "Ama...