TCFP PREP ELITE REVIEW GUIDE FULLY
SOLVED AND VERIFIED EDITION 2026
⩥ A contract with an initial value of $2 million, with three (3) optional,
annual renewals of the same amount. What is the contract value?.
Answer: 8 Million
⩥ SPD. Answer: entity that delegates purchasing authority to state
agencies for non-IT goods and services.
⩥ Purchasing Authority. Answer: ability of an agency to purchase goods
and services using state funds
⩥ Delegation of Purchasing Authority. Answer: Assigning purchasing
authority to an agency.
⩥ Statewide Contract Development Team. Answer: Develops and
administers over 250 statewide contracts 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 1,600+ Texas SmartBuy members
,⩥ Statewide Contract Management Team assists with. Answer: Day to
day contract management
Managing Term, Managed and TXMAS Contracts
Contract administration
Reporting requirements
Vendor performance issues
⩥ Office of Vehicle & Fleet Management. Answer: Assists state agencies
in managing their vehicle fleet
⩥ StatewideTravelManagementProgram:. Answer: Manages travel
expenditures, monitors travel activity, and provides discounted travel
services
⩥ Statewide Mail Operations:. Answer: Processes approximately 14-
17K pieces of mail per day
⩥ Historically Underutilized Business Program (HUB). Answer:
Provides opportunities to disadvantaged groups in an effort to remedy
disparity in state procurement contracting.
Women owned
Minority Owned
Service Disabled Businesses
,⩥ Subcontracting opportunity for any procurement with an estimated
contract value of $100,000 or greater.. Answer: You will most likely be
working with a HUB
⩥ Statewide Procurement Division (SPD). Answer: the central authority
for state agencies for procurement guidance, education, statewide
contract development services, and delegation of purchasing authority.
⩥ Training & Policy Development. Answer: Conducts policy research
and provides training and certification for procurement professionals.
⩥ Outreach. Answer: Provides the customer support for procurement
inquiries for the below programs:
Texas SmartBuy,
Texas SmartBuy Membership Program, Texas Purchasing from People
with Disabilities, Electronic State Business Daily Centralized Master
Bidders List
Vendor Performance Tracking System
⩥ Procurement Oversight and Delegation Portal (POD). Answer:
Conducts solicitation reviews and delegates purchasing authority to state
agencies for service solicitations valued over $100,000
POD coordinates with the Contract Advisory Team (CAT)
, ⩥ Interagency Oversight Teams. Answer: Contract Advisory Team
(CAT) & Quality Assurance Team (QAT)
⩥ Contract Advisory Team (CAT). Answer: Section of SPD that reviews
solicitations worth $5Million+ and consists of representatives from
multiple agencies.
Solicitations that require CAT review must be submitted through the
POD portal
Reviews may take up to 30 days to complete.
Expedited reviews dependent on SAO Enhanced Contract Monitoring
ranking.
⩥ Quality Assurance Team (QAT). Answer: Oversees Major Information
Resources Projects (MIRPs) and associated contracts. $10 MILLION
⩥ QAT reviews:. Answer: Project plans
Procurement plan/Acquisition Plan (> $10 million)
Proposed contract terms (> $10 million)
Partially executed contracts (> $10 million)
⩥ Applications Supported by SPD. Answer: VPTS
TXMAS
Texas Smart Buy
SOLVED AND VERIFIED EDITION 2026
⩥ A contract with an initial value of $2 million, with three (3) optional,
annual renewals of the same amount. What is the contract value?.
Answer: 8 Million
⩥ SPD. Answer: entity that delegates purchasing authority to state
agencies for non-IT goods and services.
⩥ Purchasing Authority. Answer: ability of an agency to purchase goods
and services using state funds
⩥ Delegation of Purchasing Authority. Answer: Assigning purchasing
authority to an agency.
⩥ Statewide Contract Development Team. Answer: Develops and
administers over 250 statewide contracts 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 1,600+ Texas SmartBuy members
,⩥ Statewide Contract Management Team assists with. Answer: Day to
day contract management
Managing Term, Managed and TXMAS Contracts
Contract administration
Reporting requirements
Vendor performance issues
⩥ Office of Vehicle & Fleet Management. Answer: Assists state agencies
in managing their vehicle fleet
⩥ StatewideTravelManagementProgram:. Answer: Manages travel
expenditures, monitors travel activity, and provides discounted travel
services
⩥ Statewide Mail Operations:. Answer: Processes approximately 14-
17K pieces of mail per day
⩥ Historically Underutilized Business Program (HUB). Answer:
Provides opportunities to disadvantaged groups in an effort to remedy
disparity in state procurement contracting.
Women owned
Minority Owned
Service Disabled Businesses
,⩥ Subcontracting opportunity for any procurement with an estimated
contract value of $100,000 or greater.. Answer: You will most likely be
working with a HUB
⩥ Statewide Procurement Division (SPD). Answer: the central authority
for state agencies for procurement guidance, education, statewide
contract development services, and delegation of purchasing authority.
⩥ Training & Policy Development. Answer: Conducts policy research
and provides training and certification for procurement professionals.
⩥ Outreach. Answer: Provides the customer support for procurement
inquiries for the below programs:
Texas SmartBuy,
Texas SmartBuy Membership Program, Texas Purchasing from People
with Disabilities, Electronic State Business Daily Centralized Master
Bidders List
Vendor Performance Tracking System
⩥ Procurement Oversight and Delegation Portal (POD). Answer:
Conducts solicitation reviews and delegates purchasing authority to state
agencies for service solicitations valued over $100,000
POD coordinates with the Contract Advisory Team (CAT)
, ⩥ Interagency Oversight Teams. Answer: Contract Advisory Team
(CAT) & Quality Assurance Team (QAT)
⩥ Contract Advisory Team (CAT). Answer: Section of SPD that reviews
solicitations worth $5Million+ and consists of representatives from
multiple agencies.
Solicitations that require CAT review must be submitted through the
POD portal
Reviews may take up to 30 days to complete.
Expedited reviews dependent on SAO Enhanced Contract Monitoring
ranking.
⩥ Quality Assurance Team (QAT). Answer: Oversees Major Information
Resources Projects (MIRPs) and associated contracts. $10 MILLION
⩥ QAT reviews:. Answer: Project plans
Procurement plan/Acquisition Plan (> $10 million)
Proposed contract terms (> $10 million)
Partially executed contracts (> $10 million)
⩥ Applications Supported by SPD. Answer: VPTS
TXMAS
Texas Smart Buy
