Ctcm study 2024 - Study guides, Class notes & Summaries

CTCD EXAM 2024 Study Guide 100% Verified. TEXAS COMPTROLLER OF PUBLIC ACCOUNTS - answerState tax collector and treasury State accountant Revenue estimation and forecast Purchasing support and procurement oversight Statewide term contracts for use by over 200 state agencies and universities Purchaser Role: - answerThe term refers purchasing to the mechanical or administrative process of how goods and services are ordered. Contract Developer Role: - answerThis term applies to all the act...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/21/2024 8:36 PM CTCM - Certified Texas Contract Management Exam Study Guide. Contract Management - answerThe entire process from planning through contract administration Contract Manager - answeroversees & manages the entire process - • Project planning & budget • Specific development • Review & evaluation of solicitation responses • Assuring contract rates/pricing are within budget • Contract award Contract Administrator - answerresponsibl...

CTCM Exam Questions With Correct Answers Contracts $100,000 or more - answerMust go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) - answerthe central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation of purchasing authority. Statewide Procurement Policy and Outreach - answerused by state agencies Contract Advisory Team-Review and Delegation (CAT-RAD) Pro...

CTCM Exam Prep Questions With Correct Answers What is SPD? - answerStatewide Procurement Division Define Contract Value - answerThe initial value of the contract, plus any amendments, renewals, and extensions for the contract's full existence. What is the contract value for a contract with an initial value of $2 million, with 3 optional annual renewals of the same amount? - answer$8 million What is the contract value for a contract with an initial value of $500,000, with 2 optional annua...

CTCM Study with correct answers 100% 2024 SPD - Correct Answer Department of the Texas Comptroller of Public Accounts (CPA); is the central authority for state agencies except by statutory exemption. In other words, it has delegation of purchasing authority. Also provides procurement guidance, education, and contract development services. Responsible for developing and administering the CTCD and CTCM certification programs. Statewide Procurement Policy and Outreach (SPPO) - Correct Answer ...

CTCM (SPD Exam Study Guide) UPDATED 2024 Procurement Roles Purchasing, contract development and contract management Purchasing Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NOT include development of solicitations or awards that must be posted to ESBD Contract Development Processing of requisitions, need assessments, development of specs, development of SOWs, selec...