NEWEST!! ACTUAL COMPLETE 150 REAL EXAM QUESTIONS
WITH CORRECT DETAILED ANSWERS (VERIFIED ANSWERS )
ALREADY GRADED A+
Request for Proposals (RFP) - ANSWER -Recommended when
factors other than
price are considered or when objective criteria cannot be
defined. Allows for
negotiations between respondent and the
issuing agency.
Invitation For Bids (IFB) - ANSWER -Used when requirements are
clearly defined,
price is a major determining factor, and when
products/commodities are highly
standardized.
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 other than building
contracts.
21.1% - ANSWER -Any building construction, including
general contracts and
operative builders
contracts.
32.9% - ANSWER -All special trade construction contracts.
23.7% - ANSWER -Professional services contracts.
26.0% - ANSWER -All other service contracts