Purchasing authority Study guides, Class notes & Summaries

Question 1 Not yet answered Marked out of 1.00 Flag question Question text What is the purpose of a SWOT analysis? a. To identify strengths and weaknesses b. To estimate sales volume c. To determine market potential d. To -establish a marketing plan Question 2 Not yet answered Marked out of 1.00 Flag question Question text Who innovates within the franchise system? a. Franchisor b. Franchisee c. Both the franchisor and the franchisee d. A third par...

Who has the authority to determine the applicability of rules, regulations, and policies on a specific contract? Any acquisition team member Contracting officer Senior contracting specialist Legal representative - ANSWER ☑☑Contracting officer Which Adaptive Acquisition Framework (AAF) pathway is to acquire information systems that support Department of Defense (DoD) business operations? Middle Tier of Acquisition Acquisition of Services Defense Business Systems (DBS) Acquisiti...

CTCM Certification Exam Study Guide Questions with Correct Answers 100% Verified Contract Value - Correct Answer The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - Correct Answer The entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - Correct Answer The ability of an agency to purchase goods and services using state funds....

CTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% Verified 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 Procurem...

Certified Texas Contract Manager Questions and Answers Already Passed Statewide Procurement Division (SPD) 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 Conducts policy research, training and certification customer service support services. Statewide Contract Development and Cont...

Statewide Procurement Division (SPD) - 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 - ANSWER-Conducts policy research, training and certification customer service support services. Statewide Contract Development and Contract Management - ANSWER-A broad range of contra...

Certified Texas Contract Developer (CTCD) (2022/2023) with Verified Solutions Statewide Procurement Division (SPD) central authority for state agencies in procurement for procurement guidance, education, statewide contract development services and delegation of purchasing authority Statewide Procurement Policy and Outreach conducts policy research, provides training and certification for procurement professionals, and provides the division's customer service support through the outreach team ...

CTCM Exam Prep Latest Version (2024/2025) Rated A+ What does SPD represent? Statewide Procurement Division How is Contract Value defined? It refers to the original value of the contract, including any modifications, renewals, and extensions throughout the contract's duration. What is the total contract value for an agreement that starts at $2 million, with three optional annual extensions of the same amount? $8 million If a contract begins at $500,000 and has two optiona...

CTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedVendor Communication consists of all of the following except. A. Avoids situations that could appear to show favoritism to a specific vendor B. is constant throughout the life of a contract C. Allows communication by the end user during solicitation as long as they communicate to all vendors D. ...

LML4806 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE DATE :- 17 MAY 2024 - DETAILED ANSWERS - DISTINCTION GUARANTEED! QUESTION 1 [20] 1.1 According to Milton Friedman, “there is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits…” With reference to the principle of corporate social responsibility, discuss the meaning of corporate social responsibility and whether you agree with Milton Fr...

Who decides which post-award contract administrative functions will be delegated and which will be retained by the contracting officer who awarded the contract? - ANSWERProcuring contracting officer (PCO) "Bloom. LLC was recently awarded a $2 million contract for website enhancement services that was set aside for Historically Underutilized Business Zone (HUBZone) small businesses. Bloom's owner recently asked you which of the following would be acceptable subcontracts for Bloom to enter i...