Certified Texas Contract Developer (CTCD) Questions and Answers 100% Correct

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 Outreachconducts policy research, provides training and certification for procurement professionals, and provides the division's customer service support through the outreach team Statewide Contract Development Teamdevelops statewide contracts for state agencies, institutions of higher education, and local governments Statewide Contract Management Teamassist state agencies with day-to-day contract management, contract administration, reporting requirements, and vendor performance issues Procurement Oversight and Delegation Team (POD)conducts solicitation reviews, delegates purchasing authority to state agencies, services greater than $100,000, greater than $5M+ coordinates reviews of solicitation, CAT members consists of multiple agencies, and POD seeks to reduce risk to state agencies with delegating purchasing authority True or False: A contract with a value of more than 2 million dollars is subject to the State Auditor's Office Nepotism Disclosure Statement.True: because procurements with an expected value of $1 million or more are subject