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CTCD March 2024 Latest Update Correct 100% $9.99   Add to cart

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CTCD March 2024 Latest Update Correct 100%

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What is the dollar threshold for a Spot Purchase? - ANSWER <$10K Contracts over this amount are required to be posted on ESBD. - ANSWER $25K What is Purchasing Authority? - ANSWER The ability of an agency to purchase goods and services using state funds. What is Delegation of Purchasing...

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  • June 3, 2024
  • 6
  • 2023/2024
  • Exam (elaborations)
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CTCD March 2024 Latest Update Correct
100%
What is the dollar threshold for a Spot Purchase? - ANSWER <$10K

Contracts over this amount are required to be posted on ESBD. - ANSWER $25K

What is Purchasing Authority? - ANSWER The ability of an agency to purchase goods
and services using state funds.

What is Delegation of Purchasing Authority? - ANSWER Assigning purchasing authority
to an agency.

How many vendors must be solicited for CMBL purchases that are over $10K and up to
$25K? - ANSWER 3 (2 of them must be HUB vendors)

How many vendors must be solicited for CMBL purchases greater than $25K? -
ANSWER All vendors within the geographic region

What is the timeframe for reporting to the VPTS? - ANSWER 30 days

Contracts over this value require a report to the VTPS - ANSWER >$25K

For contracts valued over $5M, when is a report to VTPS required? - ANSWER Each
year and at every milestone

For contracts above this value, a non-report to the VTPS prevents the contract from
being extended until the VTPS report is submitted - ANSWER >$5M

What document is due annually by November 30th? - ANSWER Agency procurement
plan

For contracts valued at $1M and above, what two forms are required? - ANSWER SAO
Nepotism Disclosure form and Form 1295 (vendor)

At what point in the procurement process is vendor communication very limited? -
ANSWER During solicitation drafting

This type of purchase requires an acquisition plan. - ANSWER Major Information
Resource Projects (MIRPs)

What are the condensed purchasing process steps? - ANSWER State and federal
surplus

, Set-aside programs
Interagency interlocal co-op contracts
SPD term contracts
TXMAS / SPD delegated purchases
SPD administration agency specific contracts

The set-aside programs consist of: - ANSWER TCI
State Use (WorkQuest)

This can be requested from TCI when the following cannot be met: price; not able to
meet delivery date, precise specifications - ANSWER TCI waiver

The State Use program exceptions consist of the following: - ANSWER Quality
Quantity
Life Cycle Costs
Delivery Time

A State Use exception may not be based on: - ANSWER price

This type of report is submitted to SPD monthly when purchases are not made though
WorkQuest - ANSWER State Use Exception report

The price listed on the TXMAS contract is the: - ANSWER maximum price allowable

For TXMAS purchases, a PO can be issued directly to the vendor for amounts up to: -
ANSWER $50K

For TXMAS purchases over this amount, bids from 3 TXMAS vendors must be obtained
- ANSWER >$50K

SPD Delegation by Rule refers to purchases within these dollar thresholds: - ANSWER
<$10K (spot purchases)
Goods up to $50K
Services up to $100K

These two types of purchases are allowed under SPD Delegation By Rule - ANSWER
Internal repair purchases
Emergency purchases

A delegation request to SPD using an Open Market Request is required for purchases
of this greater than this amount - ANSWER Goods >$50K

A delegation request to SPD through the POD is required for purchases of this greater
than this amount - ANSWER Services >$100K

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