CTCM Certification Exam Study Guide Questions with Correct Answers 100% Verified

CTCM Certification Exam Study Guide Questions with Correct Answers 100% Verified Contract Value - AnswerThe initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - AnswerThe entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - AnswerThe ability of an agency to purchase goods and services using state funds. Delegation of purchasing authority - AnswerAssigning purchasing authority to an agency Texas Department of Information Resources (DIR) - AnswerThe entity that delegates purchasing authority to state agencies for IT goods and services Statewide contract management development team responsibilities - Answer-develops and administers over 250 statewide contractors representing several thousand-line items of products/services -develops term, managed, and TXMAS contracts -Processes open market requisitions on behalf of state agencies, universities, and more than 1600+ Texas SmartBuy members -assists with reporting requirements and vendor performance issues Office of Vehicle and Fleet Management - AnswerAssists state agencies in managing their vehicle fleet Statewide Travel Management Program - AnswerManages travel expenditures, monitors travel activity, and provides discounted travel services Statewide mail operations - AnswerProcesses approximately 14-17K pieces of mail per day (interagency mail) Historically Underutilized Business Program (HUB) - AnswerPromotes full and equal business opportunities subcontracting opportunity for any procurement with an estimated contract value of $100,000 or greater. For businesses owned by female, minority, or service disabled veterans. Procurment Oversight and Delegation Portal (POD) - AnswerConducts solicitation reviews and delegates purchasing authority to state agencies for service solicitations valued over $100,000. Coordinates with the Contract Advisory Team (CAT) Contract Advisory Team (CAT_ - AnswerAn interagency oversight team. Reviews and makes recommendations on solicitations with an estimated value of at least $5 million. These solicitations must be submitted through the POD portal and will be turned around within 30 days.