Statewide mail operations Samenvattingen, Aantekeningen en Examens
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CTCM Certification Exam 2024 Questions & Answers
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Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. 
 
Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, 
 
Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. 
 
Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency 
 
Texas Departm...
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CTCM Exam Prep (May 2024) Questions and Answers (Graded A+)
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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...
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CTCM Exam 2024 Questions & Answers 100% Verified!!
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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 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 ...
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CTCM Exam Prep (May 2024) Questions and Answers!
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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...
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CERTIFIED TEXAS CONTRACT MANAGER EXAM WITH GUARANTEED ACCURATE ANSWERS
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Statewide Procurement Division (SPD) - Accurate AnswerThe 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 - Accurate AnswerConducts policy research, training and certification customer service support services. 
 
Statewide Contract Development and Contract Management - Accurate Answe...
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CTCM Certification Exam 2024 Questions and Answers (Graded A+)
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Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. 
 
Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, 
 
Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. 
 
Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency 
 
Texas Departm...
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CTCM Exam 2024 Questions & Answers (RATED 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 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 ...
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CTCM Certification Exam 2024 Questions & Answers!
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Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. 
 
Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, 
 
Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. 
 
Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency 
 
Texas Departm...
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CTCM (SPD Exam Study Guide 2024) with Complete Solutions!!
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Procurement Roles - ANSWER-Purchasing, contract development and contract management 
 
Purchasing - ANSWER-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 - ANSWER-Processing of requisitions, need assessments, development of specs, development of SOWs, selection of procurem...
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CTCM EXAM Questions & Answers
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CTCM EXAM Questions & Answers 
 
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 agenc...
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