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Exam (elaborations)

CTCM Exam Practice Questions and Answers

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CTCM Exam Practice Questions and Answers contract value - Answer-Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contrac...

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  • October 15, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • 2024/2025
  • 2024/2025
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CTCM Exam Practice Questions and
Answers

contract value - Answer✔✔-Initial Value of the contract, plus any amendments, renewals and

extensions for the contract's full existence


A contract with an initial value of $4 million, with 3 optional annual renewals of the same

amount. What is the contract value? - Answer✔✔-4 + (4+4+4 renewals) = 16 million


What is SPD? - Answer✔✔-State Procurement Division - Delegates purchasing authority to state

agencies for non IT goods & services


What is Purchasing authority? - Answer✔✔-The ability of an agency to purchase goods &

services using state funds


What is Delegation of Purchasing Authority? - Answer✔✔-Assigning purchasing authority to an

agency


Statewide Contract Development Team does what? - Answer✔✔-Develop & administer over

250 statewide contracts


Statewide Contract Development Team develops - Answer✔✔-Term, managed, and TXMAS

contracts

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,GRACEAMELIA 2024/2025 ACADEMIC YEAR ©2024. ALL RIGHTS
RESERVED. FIRST PUBLISH OCTOBER, 2024

Statewide Contract Development Team processes - Answer✔✔-Open Market Requisitions on

behalf of the state


Which contracts do Statewide Contract Development team assist with? - Answer✔✔-Term,

Managed, and TXMAS


Statewide contract management team assists with day to day - Answer✔✔-Contract

management


Statewide contract management team assists with managing - Answer✔✔-Term, managed, and

TxMAS contracts


Statewide contract management team assists with contract - Answer✔✔-Administration


Statewide contract management team assists with reporting - Answer✔✔-Requirements


Statewide contract management team assists with vendor - Answer✔✔-Performance issues


Statewide Mail Operations - Answer✔✔-Processes approx 14-17K pieces of mail per day


Office of Vehicle & Fleet management - def - Answer✔✔-Assists state agencies in managing

their vehicle fleet


Statewide Travel Management Program monitors - Answer✔✔-travel activity


Statewide travel management program manages - Answer✔✔-Travel expenditures


Statewide travel management program provides - Answer✔✔-Discounted travel services

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, GRACEAMELIA 2024/2025 ACADEMIC YEAR ©2024. ALL RIGHTS
RESERVED. FIRST PUBLISH OCTOBER, 2024

HUB promotes - Answer✔✔-Full and equal business opportunities


HUB is a subcontracting opportunity for - Answer✔✔-Any procurement with an estimated

contract value of 100,000 or greater


Define HUB - Answer✔✔-Historically Underutilized Business Program


- Promotes full and equal business opportunities


- Subcontracting opportunity for any procurement with an estimated contract value of $100,000

or greater


Training & Policy Development provides - Answer✔✔-training courses, certifications, and

continuing education courses for procurement professionals


Training & Policy Development conducts - Answer✔✔-Policy outreach and clarification


Outreach - def - Answer✔✔-Provides customers support for procurement inquiries for the State

Programs (ex. TxSmartBuy, ESBD, CMBL, etc)


State programs list - Answer✔✔-TxSmartBuy, TxSmartBuy membership program, Texas

Purchasing from People with Disabilities, electronic state business daily, centralized master

bidders list, vendor performance tracking system


Establishes and manages the state vehicle reporting system, assists state agencies and

institutions with the management of their fleet vehicles - Answer✔✔-Office of Vehicle Fleet

Management
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