CTCM Exam Review Key Concepts UPDATED
ACTUAL Questions and CORRECT Answers
, 3 Objective 4 Activity
Don't know?
Terms in this set (40)
State Tax Payment Will the state agency need to pay the state tax if
state tax is in the invoice submitted by the vendor?
False
Statewide Procurement Division SPD is the state agency that delegates purchasing
(SPD) authority to state agency for Non-IT goods and
services.
HUB and TXMAS contracts Subcontracting opportunities for any procurement
with an estimated contract value of $100,000 or
greater.
Contract Advisory Team Reviews and makes recommendations with an
estimated value of at least 5 million.
Electronic State Business Daily Where solicitations and notices of awards for
contracts over 25,000 are required to be posted.
CMBL Over 10,000-25,000 must solicit three active
vendors. Central Master Bidders List.
Vendor Performance Tracking Reports are required within 30 days of contract
System completion or termination if the contract value is
over $25,000; for contract valued over $5 million,
vendor performance reports are required annually
AND at each Key Milestone.
ACTUAL Questions and CORRECT Answers
, 3 Objective 4 Activity
Don't know?
Terms in this set (40)
State Tax Payment Will the state agency need to pay the state tax if
state tax is in the invoice submitted by the vendor?
False
Statewide Procurement Division SPD is the state agency that delegates purchasing
(SPD) authority to state agency for Non-IT goods and
services.
HUB and TXMAS contracts Subcontracting opportunities for any procurement
with an estimated contract value of $100,000 or
greater.
Contract Advisory Team Reviews and makes recommendations with an
estimated value of at least 5 million.
Electronic State Business Daily Where solicitations and notices of awards for
contracts over 25,000 are required to be posted.
CMBL Over 10,000-25,000 must solicit three active
vendors. Central Master Bidders List.
Vendor Performance Tracking Reports are required within 30 days of contract
System completion or termination if the contract value is
over $25,000; for contract valued over $5 million,
vendor performance reports are required annually
AND at each Key Milestone.
