CTCD Exam Bundle EXAM 2024 Correct Questions & Answers!!

TEXAS COMPTROLLER OF PUBLIC ACCOUNTS - ANSWER State 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: - ANSWER The term refers pu...

What does SPD stand for? - ANSWER Statewide Procurement Division What 5 Divisions does SPD Encompass? - ANSWER Contract Development, Contract Management, Procurement & Policy Outreach, HUB, Statewide Fleet, Travel & Mail Initial Value of $5M with 3 optional renewals. Contract Value? - ANSWER $...

Basic Texas purchased course - ANSWER A state agency employee must complete the division's Texas purchasing course to engage in purchasing functions on behalf of a state agency if the employee: job title is "purchased", performs functions as 15% of their duties, makes a purchase in excess of $5k ...

Vendor Communication - ANSWER Communication between vendors and public procurement professionals is vital and encouraged. All communication must cease once the solicitation drafting process commences to ensure integrity of procurement. There are allowable and unallowable vendor-procurement intera...

Times of Change can impact greatly on a child's development. Explain the potential implications of the identified transition and provide seven things an educator can do to support a pre-primary child during the change: (First time away from parents) Intro - ANSWER A pre-primary child who is sepa...

Contract Value - ANSWER is the initial value of the contract, including anticipated extensions and renewals for the contract's full existence. A contract with an initial value of $4 million, with three (3) optional, annual renewals of the same amount. What is the contract value? - ANSWER 1...

Legal Elements of a Contract - ANSWER • Offer • Acceptance • Legal Purpose • Mutuality of Obligation • Certainty of Subject Matter • Consideration • Competent Parties The essential provisions that must be included in every contract - ANSWER • Scope of work, • Financi...

Bribery - ANSWER A criminal offense. When a person intentionally or knowingly offers, confers or agrees to accept any benefits as consideration for decision, opinion, vote etc. Nepotism - ANSWER A form of conflict of interest that involves an explicit act of using one's position to favor a relat...

CAT-RAD - POD - ANSWER Program conducts solicitation reviews and delegation of purchasing authority to state agencies for service contracts which have an anticipated value of $100,00 or greater. Purchasing - ANSWER The receipt and processing of requisitions, development of specifications, develop...

State agencies must post solicitations to ESBD with a value of ____________? - ANSWER $25,000 The majority of SPD contracts are processed through what system? - ANSWER Texas Smartbuy

Statewide Procurement Division (SPD) - ANSWER central authority for state agencies in procurement for procurement guidance, education, statewide contract development services and delegation of purchasing authority Statewide Procurement Policy and Outreach - ANSWER conducts policy research, provid...

Statewide Procurement Division (SPD) - ANSWER central authority for state agency procurement guidance, education, and statewide contract development services Major contracts for information technology projects are monitored by the _. - ANSWER Quality Assurance Team (QAT) Major contracts are re...