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CTCM Exam Prep (May 2025) Newest 2025/2026 Complete Questions And Correct Answers (Verified Answers)|Brand New Version!

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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 value of $2 million, with three (3) optional, annual renewals of the same amount. What is the contract value? 8 Million 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 Purchasing Authority Assigning purchasing authority to an agency. Statewide Contract Development Team 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

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Subido en
18 de septiembre de 2025
Número de páginas
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Escrito en
2025/2026
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Examen
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CTCM Exam Prep (May 2025) Newest 2025/2026
Complete Questions And Correct Answers
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Terms in this set (148)


the initial value of the contract, plus any amendments,
Contract Value 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?

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

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

Delegation of Purchasing Assigning purchasing authority to an agency.
Authority

, Develops and administers over 250 statewide
contracts representing several thousand-line items of
products/services
Statewide Contract
Develops Term, Managed, and TXMAS contracts
Development Team
Processes open market requisitions on behalf of state
agencies, universities, and more than 1,600+ Texas
SmartBuy members

Day to day contract management
Statewide Contract Managing Term, Managed and TXMAS Contracts
Management Team assists Contract administration
with Reporting requirements
Vendor performance issues

Office of Vehicle & Fleet Assists state agencies in managing their vehicle fleet
Management

StatewideTravelManagem Manages travel expenditures, monitors travel activity,
entProgram: and provides discounted travel services

Statewide Mail Processes approximately 14-17K pieces of mail per
Operations: day

Provides opportunities to disadvantaged groups in an
effort to remedy disparity in state procurement
contracting.
Historically Underutilized
Business Program (HUB)
Women 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.

the central authority for state agencies for
Statewide Procurement procurement guidance, education, statewide contract
Division (SPD) development services, and delegation of purchasing
authority.

, Training & Policy Conducts policy research and provides training and
Development certification for procurement professionals.

Provides the customer support for procurement
inquiries for the below programs:
Texas SmartBuy,
Outreach Texas SmartBuy Membership Program, Texas
Purchasing from People with Disabilities, Electronic
State Business Daily Centralized Master Bidders List
Vendor Performance Tracking System

Conducts solicitation reviews and delegates
Procurement Oversight purchasing authority to state agencies for service
and Delegation Portal solicitations valued over $100,000
(POD) POD coordinates with the Contract Advisory Team
(CAT)

Interagency Oversight Contract Advisory Team (CAT) & Quality Assurance
Teams Team (QAT)

Section of SPD that reviews solicitations worth
$5Million+ and consists of representatives from
multiple agencies.

Contract Advisory Team
Solicitations that require CAT review must be
(CAT)
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 Oversees Major Information Resources Projects
(QAT) (MIRPs) and associated contracts. $10 MILLION

Project plans
Procurement plan/Acquisition Plan (> $10 million)
QAT reviews:
Proposed contract terms (> $10 million)
Partially executed contracts (> $10 million)
$30.89
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