Exam (elaborations)
CTCM EXAM QUESTIONS AND ANSWERS
- Course
- Institution
CTCM EXAM QUESTIONS AND ANSWERS
[Show more]
Content preview
CTCM EXAM QUESTIONS AND ANSWERSVendor Performance Tracking System (VPTS) - Answers-A contractor's performance
must be report to this system once a contract with a value over $25,000 is completed or
otherwise terminated.
Texas SmartBuy - Answers-The State's eProcurement system for non
IT goods and services.
Policy and Outreach - Answers-Conducts policy research, training and certification and
customer support services.
Statewide Mail Operations - Answers-Provides state agencies and universities a variety
of mail operations services
Statewide Contract Management Team - Answers-Manages statewide term, managed
and TXMAS contracts for use by state agencies
State Travel Management Program - Answers-Manages travel expenditures, monitors
travel activity, provides discounted travel services to state agencies, institutions of
higher education, and eligible Texas SmartBuy members.
Procurement Oversight and Delegation - Answers-Reviews solicitations and issues a
letter of delegation of purchasing authority for an anticipated service contract valued
over $100,000.
Centralized Master Bidder's List - Answers-Online directony that provides public
procurement professionals the ability to foster competition between vendors.
Agency Procurement Plans - Answers-This plan must be submitted by November 30th
annually to SPD for potential contract consolidation.
Statewide Contract Development Team - Answers-Develops Statewide Term, managed,
and TXMAS contracts that offer a broad range of goods and services to state agencies.
Contract Value - Answers-Is 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? - Answers-$8 Million
A contract with an initial value of $500,000, with two (2) optional, annual renewals of the
same amount. What is the contract value? - Answers-$1.5 Million
, What entity delegates purchasing authority to state agencies for non-IT goods and
services. - Answers-Statewide Procurement Division (SPD)
Purchasing Authority - Answers-The ability of an agency to purchase goods and
services using state funds.
Office of Vehicle Fleet Management - Answers-Establishes and manages the state
vehicle reporting system, assists state agencies and institutions of higher education with
the management of their fleet vehicles.
Historically Underutilized Business Program - Answers-Provides opportunities to
disadvantaged groups in an effort to remedy disparity in state procurement and
contracting.
Electronic State Business Daily - Answers-The State's online system used for posting
solicitations for the purposes of informing vendors of procurement opportunities and
providing public notice of contract awards.
Delegation of Purchasing Authority - Answers-Assigning purchasing authority to an
agency.
Historically Underutilized Business Program (HUB) - Answers-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 Portal (POD) - Answers-Conducts solicitation
reviews and delegates purchasing authority to state agencies for service solicitations
valued over $100,000.
Contract Advisory Team (CAT) - Answers-Reviews and makes recommendations on
solicitations with an estimated value of at least $5 million
Quality Assurance Team (QAT) - Answers-Oversees Major Information Resources
Projects (MIRPs) and associated contracts over $10 million
Electronic State Business Daily (ESBD) - Answers-Solicitations and Notices of Awards
for contracts over $25,000 are required to be posted on the ESBD.
Centralized Master Bidders List (CMBL) - Answers-is a master database used by the
state of Texas purchasing entities to develop a mailing list for vendors to receive bids
based on the products or services they can provide to the state of Texas.
When making purchases ranging from $1-10,000 is called a - Answers-Spot Purchase
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 GEEKA. 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)
82215 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now