CTCM Exam || 100% Accurate Answers.
contract value correct answers Initial Value of the contract, plus any amendments, renewals and
extensions for the contract's full existence
A contract with an initial value of $4 million, with 3 optional annual renewals of the same
amount. What is the contract value? correct answers 4 + (4+4+4 renewals) = 16 million
What is SPD? correct answers State Procurement Division - Delegates purchasing authority to
state agencies for non IT goods & services
What is Purchasing authority? correct answers The ability of an agency to purchase goods &
services using state funds
What is Delegation of Purchasing Authority? correct answers Assigning purchasing authority to
an agency
Statewide Contract Development Team does what? correct answers Develop & administer over
250 statewide contracts
Develop Term, managed, and TXMAS contracts
Processes Open Market Requisitions on behalf of the state
Which contracts do Statewide Contract Development team assist with? correct answers Term,
Managed, and TXMAS
Office of Vehicle & Fleet management - def correct answers Assists state agencies in managing
their vehicle fleet
Statewide Travel Management Program - def correct answers Manages travel expenditures,
monitors travel activity and provides discounted travel services
Define HUB correct answers Historically Underutilized Business Program
- Promotes full and equal business opportunities
- Subcontracting opportunity for any procurement with an estimated contract value of $100,000
or greater
Training & Policy Development - def correct answers Conducts policy research and clarification
Provides training courses, certifications, and continuing education courses for procurement
professionals
Outreach - def correct answers Provides customers support for procurement inquiries for the
State Programs (ex. TxSmartBuy, ESBD, CMBL, etc)
Contract Advisory Team (CAT) correct answers Reviews and makes recommendations on
solicitations with an estimated value of at least $5 million
, Quality Assurance Team (QAT) correct answers Oversees Major Information Resources Projects
(MIRPs) and associated contracts over $10 million
Electronic State Business Daily (ESBD) $ threshold correct answers Solicitations and Notices of
Awards for contracts over $25,000 are required to be posted on the ESBD
Centralized Master Bidder's List (CMBL) $ threshold correct answers Over $10,000-25,000 must
solicit 3 active CMBL vendors (2 HUB)
Over $25,000 must solicit all eligible vendors on the list that serves the geographical area
Vendor Performance Tracking System correct answers Allows agencies to score vendors, track
vendor performance, and provide information to contract developers
VPTS Rules & Statues correct answers -Reports are required to be made 30 days of contract
completion or termination if the value is over $25,000
- Contracts valued OVER $5 million, vpts is required annually and at each milestone
-A contract over $5 million may not EXTEND until the applicable vpts is submitted
Agency Procurement Plans correct answers - Due annually by Nov 30th
- Identifies its management controls & purchasing oversight authority in accordance with the
policy guidance contained in the guide
Agency Contract Management Procedures correct answers - Each agency must develop and
comply with purchasing accountability and risk analysis procedure
- Post it to the agency website and send to SPD outreach
Agency Contract Management Handbook correct answers - Each agency must publish a
handbook that complies with purchasing accountability and risk analysis procedures
- Establishes consistent policies and practices
A contractor's performance must be reported to this system once a contract with a value over
$25,000 is completed or otherwise terminated correct answers Vendor Performance Tracking
System
The State's E Procurement system for Non IT Goods and Services correct answers Texas Smart
Buy
Conducts policy research, training and certification and customer support services. correct
answers Policy & Outreach
Provides state agencies and institutions of higher education a variety of mail operations services
correct answers Statewide mail operations
Manages Statewide term, managed, and TXMAS contracts for use by state agencies correct
answers Statewide Contract Management Team
contract value correct answers Initial Value of the contract, plus any amendments, renewals and
extensions for the contract's full existence
A contract with an initial value of $4 million, with 3 optional annual renewals of the same
amount. What is the contract value? correct answers 4 + (4+4+4 renewals) = 16 million
What is SPD? correct answers State Procurement Division - Delegates purchasing authority to
state agencies for non IT goods & services
What is Purchasing authority? correct answers The ability of an agency to purchase goods &
services using state funds
What is Delegation of Purchasing Authority? correct answers Assigning purchasing authority to
an agency
Statewide Contract Development Team does what? correct answers Develop & administer over
250 statewide contracts
Develop Term, managed, and TXMAS contracts
Processes Open Market Requisitions on behalf of the state
Which contracts do Statewide Contract Development team assist with? correct answers Term,
Managed, and TXMAS
Office of Vehicle & Fleet management - def correct answers Assists state agencies in managing
their vehicle fleet
Statewide Travel Management Program - def correct answers Manages travel expenditures,
monitors travel activity and provides discounted travel services
Define HUB correct answers Historically Underutilized Business Program
- Promotes full and equal business opportunities
- Subcontracting opportunity for any procurement with an estimated contract value of $100,000
or greater
Training & Policy Development - def correct answers Conducts policy research and clarification
Provides training courses, certifications, and continuing education courses for procurement
professionals
Outreach - def correct answers Provides customers support for procurement inquiries for the
State Programs (ex. TxSmartBuy, ESBD, CMBL, etc)
Contract Advisory Team (CAT) correct answers Reviews and makes recommendations on
solicitations with an estimated value of at least $5 million
, Quality Assurance Team (QAT) correct answers Oversees Major Information Resources Projects
(MIRPs) and associated contracts over $10 million
Electronic State Business Daily (ESBD) $ threshold correct answers Solicitations and Notices of
Awards for contracts over $25,000 are required to be posted on the ESBD
Centralized Master Bidder's List (CMBL) $ threshold correct answers Over $10,000-25,000 must
solicit 3 active CMBL vendors (2 HUB)
Over $25,000 must solicit all eligible vendors on the list that serves the geographical area
Vendor Performance Tracking System correct answers Allows agencies to score vendors, track
vendor performance, and provide information to contract developers
VPTS Rules & Statues correct answers -Reports are required to be made 30 days of contract
completion or termination if the value is over $25,000
- Contracts valued OVER $5 million, vpts is required annually and at each milestone
-A contract over $5 million may not EXTEND until the applicable vpts is submitted
Agency Procurement Plans correct answers - Due annually by Nov 30th
- Identifies its management controls & purchasing oversight authority in accordance with the
policy guidance contained in the guide
Agency Contract Management Procedures correct answers - Each agency must develop and
comply with purchasing accountability and risk analysis procedure
- Post it to the agency website and send to SPD outreach
Agency Contract Management Handbook correct answers - Each agency must publish a
handbook that complies with purchasing accountability and risk analysis procedures
- Establishes consistent policies and practices
A contractor's performance must be reported to this system once a contract with a value over
$25,000 is completed or otherwise terminated correct answers Vendor Performance Tracking
System
The State's E Procurement system for Non IT Goods and Services correct answers Texas Smart
Buy
Conducts policy research, training and certification and customer support services. correct
answers Policy & Outreach
Provides state agencies and institutions of higher education a variety of mail operations services
correct answers Statewide mail operations
Manages Statewide term, managed, and TXMAS contracts for use by state agencies correct
answers Statewide Contract Management Team
