Ctcd march 2024 - Study guides, Class notes & Summaries

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CTCD March 2024 |66 Questions with 100% Correct Answers | Updated | Guaranteed A+
  • CTCD March 2024 |66 Questions with 100% Correct Answers | Updated | Guaranteed A+

  • Exam (elaborations) • 9 pages • 2024
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  • What is the dollar threshold for a Spot Purchase? - ️️<$10K Contracts over this amount are required to be posted on ESBD. - ️️$25K What is Purchasing Authority? - ️️The ability of an agency to purchase goods and services using state funds. What is Delegation of Purchasing Authority? - ️️Assigning purchasing authority to an agency. How many vendors must be solicited for CMBL purchases that are over $10K and up to $25K? - ️️3 (2 of them must be HUB vendors) Ho...
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CTCD March 2024 Latest Update Correct 100%
  • CTCD March 2024 Latest Update Correct 100%

  • Exam (elaborations) • 6 pages • 2024
  • What is the dollar threshold for a Spot Purchase? - ANSWER <$10K Contracts over this amount are required to be posted on ESBD. - ANSWER $25K What is Purchasing Authority? - ANSWER The ability of an agency to purchase goods and services using state funds. What is Delegation of Purchasing Authority? - ANSWER Assigning purchasing authority to an agency. How many vendors must be solicited for CMBL purchases that are over $10K and up to $25K? - ANSWER 3 (2 of them must be HUB vendors) ...
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