Txmas Study guides, Class notes & Summaries

CTCD Certification Test () || With Questions & 100% Correct Solutions CTCD Certification Test () || With Questions & 100% Correct Solutions How many vendors must you request a price quote from $50,000-$1M from TXMAS? - ANSWER - 3 How many vendors must you request a price quote from over $1M from TXMAS? - ANSWER - 6 POs from TXMAS contracts must be entered through the Texas Smartbuy system? - ANSWER - True State agencies are required to use contracts established by DIR for AIS? - ...

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 ...

Contract Value correct answer: is the is the initial value of the contract, plus any amendments, extensions, and renewals for the contract's full existence. SPD Statewide Procurement Division correct answer: is the entity that delegates purchasing authority to state agencies for non IT goods and services. SPD consists of correct answer: -Procurement Policy and Outreach -HUB -Statewide fleet, travel, and mail -Contract Management -Contract Development Statewide Contract De...

CTCD 2023 (To study for CTCD exam) Already Passed!! Texas SmartBuy Online Ordering System Statewide Contracts for non-IT goods and services: -Set-Aside (TCI & WorkQuest) -Term contracts -Managed contracts -TXMAS contracts Contract Value The initial value of the contract, INCLUDING anticipated extensions and renewals for the contract's full existence. Purchasing Authority The ability of an agency to purchase goods and services using state funds. Delegation of Purchasing Authority A...

CTCD Exam Questions With 100% Correct Answers 2024 Texas SmartBuy Online Ordering System - Correct Answer-Statewide Contracts for non- IT goods and services: -Set-Aside (TCI & WorkQuest) -Term contracts -Managed contracts -TXMAS contracts

What does SPD stand for? - Accurate AnswerStatewide Procurement Division What 5 Divisions does SPD Encompass? - Accurate AnswerContract Development, Contract Management, Procurement & Policy Outreach, HUB, Statewide Fleet, Travel & Mail Initial Value of $5M with 3 optional renewals. Contract Value? - Accurate Answer$20M SPD DELEGATION BY RULE INCLUDES - Accurate AnswerPURCHASES OF $5K OR LESS - SPOT PO ONE TIME PURCHASES OF GOODS $50K OR LESS PURCHASES OF SERVICES OF $100K OR LESS DI...

Vendor Performance Tracking System - def - correct answer A contractor's performance must be reported to this system once a contract with a value over $25k is completed or otherwise terminated Texas SmartBuy - def - correct answer The State's eProcurement system for non IT goods and services. Policy and Outreach - def - correct answer Conducts policy research, training and certification and customer support services. Statewide Mail Operations -def - correct answer Provides st...

What does SPD stand for? correct answer: Statewide Procurement Division What 5 Divisions does SPD Encompass? correct answer: Contract Development, Contract Management, Procurement & Policy Outreach, HUB, Statewide Fleet, Travel & Mail Initial Value of $5M with 3 optional renewals. Contract Value? correct answer: $20M SPD DELEGATION BY RULE INCLUDES correct answer: PURCHASES OF $5K OR LESS - SPOT PO ONE TIME PURCHASES OF GOODS $50K OR LESS PURCHASES OF SERVICES OF $100K OR LESS DI...

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...

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 ...