COMPLETE CTCD TEST EXAM 2024-2025 WITH
100% CORRECT ANSWERS.
The procurement cycle - Correct Answer: 1. Procurement planning 2. Procurement method
determination 3. Vendor solicitation 4. Contract formation and award 5. Contract management
Fundamentals of procurement - Correct Answer: 1. Fairness/transparency 2. Best value for the
state 3. Own the mission 4. Good steward of public records
Texas comptroller of public accounts - Correct Answer: state tax collector, treasurer, accountant,
develops and manages statewide contracts
Purchasing - Correct Answer: the receipt and processing of requisitions, development of
specifications, statement of work, the issuance of purchase orders against statewide, cooperative
or agency contracts, and the verification of the inspection of merchandise or receipt of services
by the agency
Contract development - Correct Answer: applies to actions taken prior to contract execution
Contract management - Correct Answer: applies to action taken following contract execution
Contract valuespd - Correct Answer: the initial value of the contract, including anticipated
extensions and renewals for the contracts full existence
A contract value with an initial value of $4 million, with 3 optional, annual renewals of the same
amount. What is the contract value? - Correct Answer: $16,000,000
A contract with an initial value of $200,000 with two optional, annual renewals of the same
amount. What is the contract value? - Correct Answer: $600,000
Spd - Correct Answer: delegates purchasing authority to state agencies for non-it goods and
services
Purchasing authority - Correct Answer: the ability of an agency to purchase goods and services
using state funds
Delegation of purchasing authority - Correct Answer: assigning purchasing authority to an agency
Statewide contract development team - Correct Answer: develops term, managed, and txmas
contracts
Historically underutilized business program - Correct Answer: promotes full and equal business
opportunities
Subcontracting opportunity for any procurement with an estimated contract value of
$100,000 or greater
Procurement oversight and delegation (pod) - Correct Answer: conducts solicitation reviews and
delegates purchasing authority to state agencies for service solicitations values over $100,000
Pod coordinates with cat
Contract advisory team (cat) - Correct Answer: review and make recommendations on
solicitations with an estimated value of at least $5 million; reviews findings made by the state
auditor
Quality assurance team (qat) - Correct Answer: reviews project plans for major information
resources projects (mirp); value of at least 10 million ; high education, self-directed, semi-
independent state agencies are exempt from qat oversight
Major information resource projects (mirp) - Correct Answer: project development with a value
that exceeds $5 million and; one year+ to reach operation status, involves more than one state
agency; or significantly alters the work methods of state agency
Vendor performance tracking system (vpts) - Correct Answer: allow agencies to score vendors,
track vendor performance, and provides information to contract developers
Vendor performance tracking system reporting - Correct Answer: required within 30 days of
contract completion or termination if the contract value is over $25,000
For contracts values over $5 million, vendor performance reports are required annually and at
each key milestone
A contract subject to the $5 million dollar reporting requirement may not be extended until the
applicable vendor performance reports have been submitted to vpts
Agency procurement plan - Correct Answer: due by november 30th
-plan that identifies its management controls and purchasing oversight authority in accordance
with the policy guidance contained in the guide
Agency contract management procedures - Correct Answer: each agency must develop and
comply with a purchasing accountability and risk analysis procedure.
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 Nurslink. 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.
