Exam (elaborations)
CTCM Exam Prep (May 2024) Questions and Answers (Success)
- Course
- Institution
CTCM Exam Prep (May 2024) Questions and Answers (Success)
[Show more]
Content preview
©PREP4EXAMS@2024 [REAL EXAM DUMPS] Tuesday, July 23, 2024 10:52 AMCTCM Exam Prep (May 2024) Questions and Answers (Success)
Contract Value - ✔️✔️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? - ✔️✔️8 Million
SPD - ✔️✔️entity that delegates purchasing authority to state agencies for non-IT goods and
services.
Purchasing Authority - ✔️✔️ability of an agency to purchase goods and services using state funds
Delegation of Purchasing Authority - ✔️✔️Assigning purchasing authority to an agency.
Statewide Contract Development Team - ✔️✔️Develops and administers over 250 statewide
contracts representing several thousand-line items of products/services
Develops Term, Managed, and TXMAS contracts
Processes open market requisitions on behalf of state agencies, universities, and more than
1,600+ Texas SmartBuy members
Statewide Contract Management Team assists with - ✔️✔️Day to day contract management
Managing Term, Managed and TXMAS Contracts
Contract administration
Reporting requirements
Vendor performance issues
Office of Vehicle & Fleet Management - ✔️✔️Assists state agencies in managing their vehicle
fleet
StatewideTravelManagementProgram: - ✔️✔️Manages travel expenditures, monitors travel
activity, and provides discounted travel services
Statewide Mail Operations: - ✔️✔️Processes approximately 14-17K pieces of mail per day
Historically Underutilized Business Program (HUB) - ✔️✔️Provides opportunities to
disadvantaged groups in an effort to remedy disparity in state procurement contracting.
1
,©PREP4EXAMS@2024 [REAL EXAM DUMPS] Tuesday, July 23, 2024 10:52 AM
Women owned
Minority Owned
Service Disabled Businesses
Subcontracting opportunity for any procurement with an estimated contract value of $100,000 or
greater. - ✔️✔️You will most likely be working with a HUB
Statewide Procurement Division (SPD) - ✔️✔️the central authority for state agencies for
procurement guidance, education, statewide contract development services, and delegation of
purchasing authority.
Training & Policy Development - ✔️✔️Conducts policy research and provides training and
certification for procurement professionals.
Outreach - ✔️✔️Provides the customer support for procurement inquiries for the below programs:
Texas SmartBuy,
Texas SmartBuy Membership Program, Texas Purchasing from People with Disabilities,
Electronic State Business Daily Centralized Master Bidders List
Vendor Performance Tracking System
Procurement Oversight and Delegation Portal (POD) - ✔️✔️Conducts solicitation reviews and
delegates purchasing authority to state agencies for service solicitations valued over $100,000
POD coordinates with the Contract Advisory Team (CAT)
Interagency Oversight Teams - ✔️✔️Contract Advisory Team (CAT) & Quality Assurance Team
(QAT)
Contract Advisory Team (CAT) - ✔️✔️Section of SPD that reviews solicitations worth $5Million+
and consists of representatives from multiple agencies.
Solicitations that require CAT review must be submitted through the POD portal
Reviews may take up to 30 days to complete.
Expedited reviews dependent on SAO Enhanced Contract Monitoring ranking.
Quality Assurance Team (QAT) - ✔️✔️Oversees Major Information Resources Projects (MIRPs)
and associated contracts. $10 MILLION
QAT reviews: - ✔️✔️Project plans
2
, ©PREP4EXAMS@2024 [REAL EXAM DUMPS] Tuesday, July 23, 2024 10:52 AM
Procurement plan/Acquisition Plan (> $10 million)
Proposed contract terms (> $10 million)
Partially executed contracts (> $10 million)
Applications Supported by SPD - ✔️✔️VPTS
TXMAS
Texas Smart Buy
CMBL
Texas SmartBuy Online Ordering System (Amazon) - ✔️✔️Statewide Contracts for non-IT goods
and services:
Set-Aside (TCI & WorkQuest)
Term contracts
Managed contracts
TXMAS contracts
Use keywords, NIGP class/item codes, and other information to search for goods and services.
Not accessible to public
Electronic State Business Daily (ESBD) (Craigslist) - ✔️✔️The state's online directory used for
posting solicitations for the purposes of informing vendors of procurement opportunities and
providing public notice of contract awards
Solicitations and Notices of Awards for contracts over $25,000 are required to be posted on the
ESBD.
Centralized Master Bidders List (CMBL) - ✔️✔️Online directory that provides public
procurement professionals the ability to foster competition between vendors.
Over $10,000 - $25,000 = Must solicit three active vendors on the CMBL (two HUB).
Over $25,000 = Must solicit all eligible vendors on the list that serves the geographic region.
A copy of the bid list (with date) must be placed in the procurement file.
3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller OliviaWest. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80461 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now