Spd contract development - Study guides, Class notes & Summaries

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-IT goods and services. Purchasing Authority - ANSWER-ability of an agency to purchase goods and services using st...

Certified Texas Contract Manager Exam Study Guide with Complete Solutions 100% Verified 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. Assists its statewide government customers with all stages of the procurement cycle. Policy and Outreach - Correct Answer Conducts policy research, training and certification customer service sup...

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, selection of procurement...

Procurement Roles correct answer: 1) Purchasing 2) Contract Development 3) Contract Management Purchasing correct answer: The receipt and processing of requisitions, development of specifications, development of SOW, the issuance of PO's against existing statewide, cooperative or agency contracts, and the verification of the inspection of merchandise or receipt of services by the agency. DOES NOT INCLUDE development and solicitation and contract awards that must be posted to ESBD. Contr...

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...

Procurement Roles - correct answer Purchasing, contract development and contract management Purchasing - correct 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 - correct answer Processing of requisitions, need assessments, development of specs, development ...

CTCD EXAM 2024 LATEST UPDATE QUESTIONS AND VERIFIED ANSWERS BY EXPERT RATED 100% PASS TEXAS COMPTROLLER OF PUBLIC ACCOUNTS State 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: The term refers purchasing to the mechanical or administrative process of how goods and services are ordered. Contract Developer Role: This term ...

SPD - ANSWER-Department of the Texas Comptroller of Public Accounts (CPA); is the central authority for state agencies except by statutory exemption. In other words, it has delegation of purchasing authority. Also provides procurement guidance, education, and contract development services. Responsible for developing and administering the CTCD and CTCM certification programs. Statewide Procurement Policy and Outreach (SPPO) - ANSWER-Section of SPD that conducts policy research, provides traini...

the procurement cycle correct answer: 1. procurement planning 2. procurement method determination 3. vendor solicitation 4. contract formation and award 5. contract management Fundamentals of procurement correct answer: 1. fairness/transparency 2. best value for the state 3. own the mission 4. good steward of public records Texas Comptroller of Public Accounts correct answer: State tax collector, treasurer, accountant, develops and manages statewide contracts purchasing correct answe...

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