CTCM Exam 2024 Questions And Answers (Latest Update)
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Course
CTCM
Institution
CTCM
Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable
Statewide Procurement Division (SPD) - ANSWER-the central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation...
CTCM Exam 2024 Questions And Answers (Latest Update)
Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable
Statewide Procurement Division (SPD) - ANSWER-the central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation of purchasing authority.
Statewide Procurement Policy and Outreach - ANSWER-used by state agencies
Contract Advisory Team-Review and Delegation (CAT-RAD) Program - ANSWER-
conducts solicitation reviews and delegation of authority, services greater than $100,000, Greater than $5M+ coordinates reviews of solicitation
Centralized Master Bidder's List (CMBL) - ANSWER-Master databases to foster competition between vendors. Has an essential list, with additional list that references HUB
is a vendor required to be on CMBL to do business with the state of texas? - ANSWER-
No
No
is a vendor required to be on CMBL to do business with the state of texas?
Historically Underutilized Business (HUB) Program - ANSWER-promotes full and equal business opportunities
Office of Vehicle Management (OVFM) - ANSWER-Manages and assist agencies with reporting their fleet vehicles on the states reporting, inter agency contracts with state agencies and institutions of higher education to maintain the system, ability for state agencies to monitor fleet maintenance and vehicle information
Manages and assist agencies with reporting their fleet vehicles on the states reporting, inter agency contracts with state agencies and institutions of higher education to maintain the system, ability for state agencies to monitor fleet maintenance and vehicle information - ANSWER-contracts travel services for state agencies, institutions of higher
education, TX smartbuy members, local governments, public school districts, and community colleges. Also monitors contracts and hotel rate agreements.
Solicitations $25000+ are required to post on what? This is used for posting solicitations and informs potential contracting opportunities and notification of contract awards - ANSWER-Electronic State Business Daily (ESBD)
Vendor performance tracking system (VPTS) - ANSWER-a system that collects vendor performance reports from state agencies. Reports must be submitted for contracts $25,000+. This system is used for scoring vendors, tracking vendor performance, and supplying information to state agencies. It provides vendors with an opportunity to respond to negative performance review
Agency Procurement Plans - ANSWER-due annually to the comptrollers office by Nov 30th. TAC 20.132. keep contact information updated and current & the more details provided the better
Conflict of interest - ANSWER-has controlling interest, owns a percentage of the voting interest, owns more than 25000 of the fair market value, holds shares, serves on the board of directors, serves as an elected officer, is an employee, or could foresee a self benefit
Nepotism - ANSWER-a form of conflict of interest that involves an explicit act of using ones position to favor a relative
businesses with a contract of $1M in value are required to submit a what before entering into a contract? - ANSWER-disclosure of interested parties form (1295)
it is important to avoid the appearance of special favors when using public funds. all ________________ must Cease once the solicitation process commences. - ANSWER-
Vendor Communication
Suspected fraud, waste or abuse must be reported to which State Agency? - ANSWER-
This misuse is reported to the State Auditors Office
What is the purpose of the Contract Administration Plan (CAP) - ANSWER-identify the contract administration team, assign roles and responsibilities, monitoring method to ensure that the contract requirement are met.
What information is included in the Contract Administration Plan (CAP) - ANSWER-
project name, project award, completion date, justification of procurement method, deliverables, requirements, and security.
RFP - ANSWER-Request for Proposals - recommended when factors other than price are considered, allows for negotiations,goods or services, provide innovative ideas.
IFB - ANSWER-Invitation for bids- used when requirements are clearly defined, price is a major determining factor, and when products are highly standardised
RFO - ANSWER-Request for offers - allows negotiation
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