CTCD Study Set Questions With Complete Solutions
Contract Value correct answer: is the is the initial value of the contract, plus any amendments, extensions, and renewals for the contract's full existence. SPD Statewide Procurement Division correct answer: is the entity that delegates purchasing authority to state agencies for non IT goods and services. SPD consists of correct answer: -Procurement Policy and Outreach -HUB -Statewide fleet, travel, and mail -Contract Management -Contract Development Statewide Contract Development Team correct answer: -Develops and administers over 250 statewide contracts. -Develops Term, Managed, and TXMAS contracts; -Processes open market requisitions on behalf of state agencies, universities, and more than 1,600+ Texas SmartBuy members; Statewide Contract Management Team Assists with: correct answer: Day to day contract management Managing Term, Managed and TXMAS Contracts Contract administration Reporting requirements Vendor performance issues Procurement Oversight and Delegation Portal (POD correct answer: Solicitation reviews and delegates purchasing authority for solicitations over $100,000 POD coordinates with correct answer: Contract Advisory Team (CAT) CAT correct answer: solicitations that have an estimated value of at least $5 million Quality Assurance Team (QAT) correct answer: ForIT.Reviews and provides recommendations on co
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- October 16, 2023
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- 2023/2024
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- Exam (elaborations)
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- Questions & answers
