Certified Texas Contract Manager Study Guide | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS

Certified Texas Contract Manager Study Guide | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS 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 contracts for commodities and services. Contract Advisory Team-Review and Delegation (CAT-RAD) Program - Answer -Reviews solicitations and issues a letter of delegation of purchasing authority for an anticipated contract value of $100,000 or greater. Contract Advisory Team (CAT) - Answer -Consist of multiple agencies. Solicitations with a value greater than $1 million to $5 million.Centralized Master Bidder's List (CMBL) - Answer -Master database for Texas procurement professionals. No - Answer -Is a vendor required to be on CMBL to do business with the State of Texas? Historically Underutilized Business (HUB) Program - Answer -Provides opportunities to disadvantaged groups in an effort to remedy disparity in state procurement contracting. 11.2% - Answer -Heavy construction othe