CTCM Exam 2 Questions and Answers (GRADED A+)

Purchasing - ANSWER-The receipt and processing of requisitions, development of specifications, development of SOW, issuance of purchase orders against existing statewide, cooperative, or agency contracts, and the verification of the inspection of merchandise or receipt of services by the agency. The term does not include the development of solicitations and contract awards that must be posted on ESBD or in the Texas Register. Contract Development - ANSWER-Actions taken prior to contract execution: receipt and processing of requisitions, assessment of need, development and review of specifications, development and review of SOWs, ID and selection of procurement methods, ID and preparation of evaluation criteria, preparation and advertising of solicitation documents, tabulation and respondent bids, evaluation of respondent proposals, negotiation of proposals, and the preparation and completion of contract award documents. The term does not include invoice or audit functions. Contract Management - ANSWER-Actions taken following contract execution: assessment of risk, verification of contractor performance, monitoring compliance with deliverable and reporting requirements, enforcement of contract terms, monitoring and reporting of vendor performance, and ensuring that contract performance and practices are consistent with applicable rules, laws, and the State of Texas Procurement and Contract Management Guide. Statewide Procurement Division (SPD) groups - ANSWER-1. Contract Development 2. Contract Management 3. Statewide Fleet, Travel, and Mail 4. Procurement Policy and Outreach 5. Historically Underutilized Business SPD Contract Development - ANSWER-1. Administers over 250 statewide contracts 2. Processes open market requisitions (OMR) on behalf of state agencies, universities, and more than 1500 Texas Smartbuy members 3. Engages in Term, Managed, and TXMAS contracts What is an open market request and which part of SPD handles it? - ANSWER-For goods 50K or above, SPD has to delegate permission to state agencies to purchase. These requests are ca