CTCD Test Exam With 100% Correct Answers 2023

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 Answer-The receipt and processing of requisitions, development of specifications, statement of work, the issuance of purchase orders against statewide, cooperative or agency contracts, and the verification of the inspection of merchandise or receipt of services by the agency contract development - Correct Answer-applies to actions taken prior to contract execution contract management - Correct Answer-applies to action taken following contract execution contract valueSPD - Correct Answer-the initial value of the contract, including anticipated extensions and renewals for the contracts full existence a contract value with an initial value of $4 million, with 3 optional, annual renewals of the same amount. What is the contract value? - Correct Answer-$16,000,000 a contract with an initial value of $200,000 with two optional, annual renewals of the same amount. What is the contract value? - Correct Answer-$600,000 SPD - Correct Answer-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 delegation of purchasing authority - Correct Answer-assigning purchasing authority to an agency statewide procurement division - Correct Answer-1. contract development 2. contract management 3. statewide fleet, travel, & mail 4. HUB 5. procurement policy & outreach statewide contract development team - Correct Answer-develops term, managed, and TXMAS contracts historically underutilized business program - Correct Answer-promotes full and equal business opportunities subcontracting opportunity for any procurement with an estimated contract value of $100,000 or greater procurement oversight and delegation (POD) - Correct Answer-conducts solicitation reviews and delegates purchasing authority to state agencies for service solicitations values over $100,000 POD coordinates with CAT Contract Advisory Team (CAT) - Correct Answer-review and make recommendations on solicitations with an estimated value of at least $5 million; reviews findings made by the state auditor Quality Assurance Team (QAT) - Correct Answer-reviews project plans for Major Information Resources Projects (MIRP); value of at least 10 million ; high education, self-directed, semi-independent state agencies are exempt from QAT oversight Major Information Resource Projects (MIRP) - Correct Answer-project development with a value that exceeds $5 million and; one year+ to reach operation status, involves more than one state agency; or significantly alters the work methods of state agency vendor performance tracking system (VPTS) - Correct Answer-allow agencies to score vendors, track vendor performance, and provides information to contract developers vendor performance tracking system reporting - Correct Answer-required within 30 days of contract completion or termination if the contract value is over $25,000 for contracts values over $5 million, vendor performance reports are required annually and at each key milestone a contract subject to the $5 million dollar reporting requirement may not be extended until the applicable vendor performance reports have been submitted to VPTS agency procurement plan - Correct Answer-due by november 30th -plan that identifies its management controls and purchasing oversight authority in accordance with the policy guidance contained in the Guide agency contract management procedures - Correct Answer-each agency must develop and comply with a purchasing accountability and risk analysis procedure. Post it to the agency website and send to agency contract management handbook - Correct Answer-each agency must publish a handbook that comply with purchasing accountability and risk analysis procedures. - establish consistent policies and practices vendor performance tracking system - Correct Answer-a contractor`s performance must be reported to this system once a contract with a value over $25K is completed or otherwise terminated Texas SmartBuy - Correct Answer-The State`s eProcurement system for non-IT goods and services Policy and Outreach - Correct Answer-conducts policy research, training, and certification and customer support services statewide mail operations - Correct Answer-provides state agencies and institutions of higher education a variety of mail operations services statewide contract management team - Correct Answer-manages statewide term, managed, and TXMAS contracts for use by state agencies state travel management program - Correct Answer-manages travel expenditures, monitors travel activity, provides discounted travel services to state agencies, institutions of higher education, and eligible Texas SmartBuy members office of vehicle fleet management - Correct Answer-established and manages the state vehicle reporting system, assists state agencies and institutions of higher education with the management of their fleet vehicles historically underutilized business program (HUB) - Correct Answer-provides opportunities to disadvantaged groups in an effort to remedy disparity in state procurement and contracting electronic state business daily - Correct Answer-the states online directory used for posting solicitations for the purposes of informing vendors of procurement and opportunities and providing public notice of contract awards procurement oversight and delegation - Correct Answer-reviews solicitations and issues a letter of delegation of purchasing authority for an anticipated service contract valued over $100,000 centralized master bidders list (CMBL) - Correct Answer-online directory that provides public procurement professionals the ability to foster competition between vendors agency procurement plans - Correct Answer-this plan must be submitted by November 30th annually to SPD for potential contract consolidation statewide contract development team - Correct Answer-develops statewide term, managed, and TXMAS contracts that offer a broad range of goods and services to state agencies ethics: state employees SHOULD NOT - Correct Answer-accept gifts or other employment that could influence their work duties, accept any benefit for exercising your official duties in favor of another, make personal investments that create a substantial conflict Qualifies a Substantial Interest in a Business - Correct Answer-1. has a controlling interest 2. owns more then 10% of the voting interest 3. owns more than $25,000 of the fair market value 4. is a member of the board of directors or other governing board 5. has a direct or indirect participating interest by shares, stock, or otherwise, regardless of whether voting rights are included, in more than 10% of the profits, proceeds, or capital gains; 6. serves as an elected officer; or 7. is an employee of the business entity disclosure of potential conflicts of interest for procurement employees - Correct Answer- disclose -prohibited financial interest: owns or controls an ownership interest of at least 1% in the business or could reasonably foresee that a contract with the business could result in a financial benefit to the employee or official consanguinity - Correct Answer-includes individuals related by blood to the official or employee first degree: parents, children second degree: grandparents, grandchildren, brothers and sisters third degree: great grandparents/children, nephews, nieces, aunts and uncles affinity - Correct Answer-included an officials` or employees spouse and individuals related to the spouse first degree: spouse, spouses parents, children's spouses, spouse`s children second degree: spouse`s grandparents/grandchildren, spouse`s brothers, sisters, and in laws forms for $1 million and above for disclosure - Correct Answer-SAO Nepotism Disclosure form (purchasing personnel) TEC Disclosure of Interested Parties (1295 form) (completed by vendor) bribery - Correct Answer-occurs is a person intentionally or knowingly offers, confers, or agrees to confer on another, or solicits, accepts, or agrees to accept any benefit as