Ctcm exam 2 2024 - Study guides, Class notes & Summaries
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CTCM Exam 2 Questions and Answers (GRADED A+)
- Exam (elaborations) • 3 pages • 2024
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Purchasing - ANSWER-The receipt and processing of requisitions, development of specifications, development of SOW, issuance of purchase orders against existing statewide, cooperative, or agency contracts, and the verification of the inspection of merchandise or receipt of services by the agency. The term does not include the development of solicitations and contract awards that must be posted on ESBD or in the Texas Register. 
 
Contract Development - ANSWER-Actions taken prior to contract execu...
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CTCD EXAM 2024 Study Guide 100% Verified.
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CTCD EXAM 2024 Study Guide 100% 
Verified. 
TEXAS COMPTROLLER OF PUBLIC ACCOUNTS - answerState tax collector and 
treasury 
State accountant 
Revenue estimation and forecast 
Purchasing support and procurement oversight 
Statewide term contracts for use by over 200 state agencies and universities 
Purchaser Role: - answerThe term refers purchasing to the mechanical or administrative 
process of how goods and services are ordered. 
Contract Developer Role: - answerThis term applies to all the act...
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CTCM Exam 2 Questions and Answers (GRADED A+)
- Exam (elaborations) • 3 pages • 2024
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Purchasing - ANSWER-The receipt and processing of requisitions, development of specifications, development of SOW, issuance of purchase orders against existing statewide, cooperative, or agency contracts, and the verification of the inspection of merchandise or receipt of services by the agency. The term does not include the development of solicitations and contract awards that must be posted on ESBD or in the Texas Register. 
 
Contract Development - ANSWER-Actions taken prior to contract execu...
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CTCM Exam Latest 2024 | CTCM Actual Exam Update 2024 Questions and Correct Answers Rated A+
- Exam (elaborations) • 37 pages • 2024
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CTCM Exam Latest 2024 | CTCM Actual 
Exam Update 2024 Questions and 
Correct Answers Rated A+
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CTCM Exam 2024 | CTCM Actual Exam Latest Update 2024 Questions and Correct Answers Rated A+
- Exam (elaborations) • 38 pages • 2024
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CTCM Exam 2024 | CTCM Actual Exam 
Latest Update 2024 Questions and 
Correct Answers Rated A+
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CTCM Exam Prep Questions With Correct Answers
- Exam (elaborations) • 7 pages • 2024
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CTCM Exam Prep Questions With Correct 
Answers 
What is SPD? - answerStatewide Procurement Division 
Define Contract Value - answerThe 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? - answer$8 million 
What is the contract value for a contract with an initial value of $500,000, with 2 optional annua...
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CTCM prep exam aug 2024
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CTCM (SPD Exam Study Guide) UPDATED 2024
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CTCM (SPD Exam Study Guide) UPDATED 2024 
 
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...
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