✓~ 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?
✓~ $8 million
What is the contract value for a contract with an initial value of $500,000, with
2 optional annual renewals of the same amount?
, ✓~ $1.5 million
What does SPD do?
✓~ It is the entity that delegates purchasing authority to state agencies for non-IT
goods and services.
Does SPD give purchasing authority for IT goods and services?
✓~ No
What does the Office of Vehicle & Fleet Management do?
✓~ Assists state agencies in managing their vehicle fleet.
What does the Statewide Travel Management Program do?
✓~ Manages travel expenditures, monitors travel activity, and provides discounted
travel services.
What does the Statewide Mail Operations program do?
, ✓~ Processes approximately 14-17K pieces of mail daily.
What does HUB stand for?
✓~ Historically Underutilized Business Program
When are HUB businesses considered for subcontracting?
✓~ Subcontracting opportunity for any procurement with an estimated contract value
of $100,000 or greater.
What does POD stand for?
✓~ Procurement Oversight and Delegation Portal
What does the Procurement Oversight and Delegation Portal (POD) do?
✓~ Conducts solicitation reviews and delegates purchasing authority to state agencies
for service solicitations valued over $100,000.
What does CAT stand for?
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