Ctcm spd exam 2024 - Study guides, Class notes & Summaries

CTCM Exam Prep - Feb 2023 EXAM NEWEST 2024 ACTUAL EXAM COMPLETE 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ What is SPD? - ANSWERStatewide Procurement Division Define Contract Value - 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 o...

CTCM Exam Prep (May 2023) EXAM 2024 NEWEST WITH DETAILED VERIFIED ANSWERS (100% CORRECT Contract Value - 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? - ANSWER-8 Million SPD - ANSWER-entity that delegates purchasing authority to state agencies for non-I...

Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency Texas Departm...

Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency Texas Departm...

Procurement Roles - ANSWER-Purchasing, contract development and contract management Purchasing - ANSWER-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 - ANSWER-Processing of requisitions, need assessments, development of specs, development of SOWs, selection of procurem...

Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) - 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 - ANSWER-used by state agencies Contract Advisory Team-Review and Delegation (CAT-RAD) Program - ANSWER-conducts solicitation r...

Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency Texas Departm...

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...

Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) - 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 - ANSWER-used by state agencies Contract Advisory Team-Review and Delegation (CAT-RAD) Program - ANSWER-conducts solicitation r...

CTCM LATEST EXAM 2023/2024 Contracts $100,000 or more Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) the central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation of purchasing authority. Statewide Procurement Policy and Outreach used by state agencies Contract Advisory Team-Review and Delegation (CAT-RAD) Program conducts solicitation reviews a...