1
BUSINESS MANAGEMENT CTCM EXAM
PREP 2025/26 UPDATED VERSION
QUESTIONS AND ANSWERS
Contract Value the initial value of the contract, plus any
amendments, renewals and extensions for
the contract's full existence.
A contract with an initial 8 Million
value of
$2 million, with three
(3) optional, annual
renewals of the same
amount. What is the
contract value?
SPD entity that delegates purchasing authority to
state agencies for non-IT goods and
services.
Purchasing Authority ability of an agency to purchase goods and
services using state funds
Delegation of Assigning purchasing authority to an agency.
Purchasing Authority
Develops and administers over 250 statewide
contracts
Statewide representing several thousand-line items of
Contract products/services Develops Term,
Development Managed, and TXMAS contracts
Team Processes open market requisitions on behalf
,2
of state agencies, universities, and more than
1,600+ Texas SmartBuy members
Day to day contract management
Managing Term, Managed and
Statewide Contract
TXMAS Contracts Contract
Management Team
assists with administration
Reporting requirements
Vendor performance issues
Office of Vehicle & Assists state agencies in managing their vehicle fleet
Fleet Management
StatewideTravelManage Manages travel expenditures, monitors travel
mentPro gram: activity, and provides discounted travel
services
Statewide Mail Processes approximately 14-17K pieces of mail per day
Operations:
, 3
Provides opportunities to disadvantaged
groups in an effort to remedy disparity in
Historically state procurement contracting.
Underutilized
Business Program Women
(HUB) owned
Minority
Owned
Service Disabled Businesses
Subcontracting You will most likely be working with a HUB
opportunity for any
procurement with
an estimated
contract value of
$100,000 or greater.
Statewide the central authority for state agencies for
Procurement Division procurement guidance, education, statewide
(SPD) contract development services, and
delegation of purchasing authority.
Training & Policy Conducts policy research and provides
Development training and certification for procurement
professionals.
Provides the customer support for
procurement inquiries for the below
programs:
Outreach Texas SmartBuy,
Texas SmartBuy Membership Program, Texas
Purchasing from People with Disabilities,
Electronic State Business Daily
Centralized Master Bidders List
Vendor Performance Tracking System
BUSINESS MANAGEMENT CTCM EXAM
PREP 2025/26 UPDATED VERSION
QUESTIONS AND ANSWERS
Contract Value the initial value of the contract, plus any
amendments, renewals and extensions for
the contract's full existence.
A contract with an initial 8 Million
value of
$2 million, with three
(3) optional, annual
renewals of the same
amount. What is the
contract value?
SPD entity that delegates purchasing authority to
state agencies for non-IT goods and
services.
Purchasing Authority ability of an agency to purchase goods and
services using state funds
Delegation of Assigning purchasing authority to an agency.
Purchasing Authority
Develops and administers over 250 statewide
contracts
Statewide representing several thousand-line items of
Contract products/services Develops Term,
Development Managed, and TXMAS contracts
Team Processes open market requisitions on behalf
,2
of state agencies, universities, and more than
1,600+ Texas SmartBuy members
Day to day contract management
Managing Term, Managed and
Statewide Contract
TXMAS Contracts Contract
Management Team
assists with administration
Reporting requirements
Vendor performance issues
Office of Vehicle & Assists state agencies in managing their vehicle fleet
Fleet Management
StatewideTravelManage Manages travel expenditures, monitors travel
mentPro gram: activity, and provides discounted travel
services
Statewide Mail Processes approximately 14-17K pieces of mail per day
Operations:
, 3
Provides opportunities to disadvantaged
groups in an effort to remedy disparity in
Historically state procurement contracting.
Underutilized
Business Program Women
(HUB) owned
Minority
Owned
Service Disabled Businesses
Subcontracting You will most likely be working with a HUB
opportunity for any
procurement with
an estimated
contract value of
$100,000 or greater.
Statewide the central authority for state agencies for
Procurement Division procurement guidance, education, statewide
(SPD) contract development services, and
delegation of purchasing authority.
Training & Policy Conducts policy research and provides
Development training and certification for procurement
professionals.
Provides the customer support for
procurement inquiries for the below
programs:
Outreach Texas SmartBuy,
Texas SmartBuy Membership Program, Texas
Purchasing from People with Disabilities,
Electronic State Business Daily
Centralized Master Bidders List
Vendor Performance Tracking System
