Ctcm spd Study guides, Class notes & Summaries

CTCM Latest Update with Verified Solutions For contracts valued at $100,000 or more, what process must they undergo? Such contracts must be submitted to POD (Procurement Oversight & Delegation) and may require HUB subcontracting considerations. What role does the Statewide Procurement Division (SPD) play? The SPD serves as the central authority for state agencies, offering guidance on procurement, educational resources, developing statewide contracts, and delegating purchasing autho...

CTCM (SPD Exam Study Guide) UPDATED 2023 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...

SPD - 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) - ANSWER-Section of SPD that conducts policy research, provides traini...

SPD - ️️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) - ️️Section of SPD that conducts policy research, provides training...

CTCM (SPD Exam Study Guide) UPDATED 2023 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...

CTCM - Certified Texas Contract Management (Questions & Answers) Already Graded A+ Certified Texas Contract Manager • professional title containing the "contract" • contract management duties 50% or more • Manages any contract in excess of $5,000,000. Statewide Procurement Division (SPD) is the central authority for state agencies in procurement for: - Procurement guidance - Education - Statewide contract development services - Delegation of purchasing authority What does Sta...

SPD - 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) - Answer Section of SPD that conducts policy research, provides tr...

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

SPD - ️️Department of the Texas Comptroller of Public Accounts (CPA); is the central authority for state agencies unless otherwise stated in legislation. 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. Dollar amount at which LBB Reporting required for major IS projects within 10 days of award - ️️$100k+ T...

CTCM Exam Prep 2024/2025; Questions and Answers 100% Correct What is SPD? Correct answer-Statewide Procurement Division Define Contract Value Correct answer-The 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? Correct answer-$8 million What is the contract value for a contract with an initial v...