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CTCM Certification || 100% Accurate Solutions.

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CTCM Certification || 100% Accurate Solutions.
Purchasing correct answers The receipt and processing of requisitions, development of
specifications, development of statement of work, the issuance of purchase orders against
existing statewide, cooperative or agency, contracts, and the verification of the inspection of
merchandise on receipt of services by the agency.

Contract Development correct answers The term applies to actions taken prior to contract
execution, including the receipt and processing of requisitions, assessment of need, development
and review of specifications, development and review of scopes of work, identification and
selection of procurement methods, identification and preparation of evaluation criteria,
preparation and advertising of solicitation documents, tabulation of respondent bids, evaluation
of respondent proposals, negotiation of proposals, and the preparation and completion of contract
award documents.

Contract Management correct answers The term applies to actions taken following contract
execution , including the 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.

Contract Value correct answers The initial value of the contract including anticipated extensions
and renewals for the contract's full extension

$16 million correct answers A contract with an initial value of $4M, with three (3) optional,
annual renewals of the same value.

SPD correct answers The entity that delegates purchasing authority to state agencies for non-IT
goods and services

Purchasing Authority correct answers The ability of an agency to purchase goods and services
using state funds

Delegation of Purchasing Authority correct answers Assigning purchasing authority to an
agency. NOTE: Some agencies already have purchasing authority given by statute, or rule of
certain procurements.

Statewide Procurement Division (SPD) correct answers Collective of agencies including
Statewide Historically Underutilized Business Program(HUB), Texas SmartBuy, TxMas and
Centralized Master Bidders List (CMBL)

Areas Handled by SPD correct answers Contract Development, Contract Management, Statewide
Fleet, Travel, and Mail, HUB, and Procurement Policy and Outreach

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