Ctcm spd exam - Study guides, Class notes & Summaries

CTCM (SPD Exam Study Guide) UPDATED 2023

CTCM Exam Prep 2024/2025; Questions and Answers 100% Correct Contract Value Correct answer-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? Correct answer-8 Million SPD Correct answer-entity that delegates purchasing authority to state agencies for nonIT goods and services.

CTCM (SPD Exam Study Guide) UPDATED 2023 Procurement Roles Purchasing, contract development and contract management Purchasing Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NOT include development of solicitations or awards that must be posted to ESBD Contract Development Processing of requisitions, need assessments, development of specs, development of SOWs, selec...

CTCM (SPD Exam Study Guide) UPDATED 2023 Procurement Roles Purchasing, contract development and contract management Purchasing Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NOT include development of solicitations or awards that must be posted to ESBD Contract Development Processing of requisitions, need assessments, development of specs, development of SOWs, selec...

CTCM Exam Questions With Revised Correct Answers <Latest Update> 1) Contract Value - ANSWER the initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. 2) A contract with an initial value of $2 million, with three (3) optional, annual renewals of the same amount. What is the contract value? - ANSWER 8 Million 3) SPD - ANSWER entity that delegates purchasing authority to state agencies for non-I...

CTCM (SPD Exam Study Guide) UPDATED 2023 Procurement Roles Purchasing, contract development and contract management Purchasing Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NOT include development of solicitations or awards that must be posted to ESBD Contract Development Processing of requisitions, need assessments, development of specs, development of SOWs, selec...

CTCM Exam; Questions and Answers 100% Correct Contracts $100,000 or more Correct answer-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) Correct answer-the central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation of purchasing authority. Statewide Procurement Policy and Outreach Correct answer-used by state agencies Contract Advisory Team-Review ...

CTCM Exam Prep 2024/2025; Questions and Answers 100% Correct What is SPD? Correct answer-Statewide Procurement Division Define Contract Value Correct answer-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? Correct answer-$8 million What is the contract value for a contract with an initial v...