Txmas Study guides, Class notes & Summaries

What does SPD stand for? - ️️Statewide Procurement Division What 5 Divisions does SPD Encompass? - ️️Contract Development, Contract Management, Procurement & Policy Outreach, HUB, Statewide Fleet, Travel & Mail Initial Value of $5M with 3 optional renewals. Contract Value? - ️️$20M SPD DELEGATION BY RULE INCLUDES - ️️PURCHASES OF $5K OR LESS - SPOT PO ONE TIME PURCHASES OF GOODS $50K OR LESS PURCHASES OF SERVICES OF $100K OR LESS DIRECT PUBLICATIONS PERISHABLE GOODS ...

Contract Value - ANSWER-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? - 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 st...

Statewide Procurement Division SPD - Answer is the State's central authority for the procurement of non-IT goods and services. Primary functions include managing statewide contracts, exercising procurement authority delegation of specific purchases to individual agencies, and providing guidance on procurement practices which foster effective competition and ensure the quality and integrity of state purchases. Procurement Oversight and Delegation Portal (POD) - Answer Conducts solicitation ...

SPD - ANSWER-Department of the Texas Comptroller of Public Accounts (CPA); is the central authority for state agencies except by statutory exemption. In other words, it has delegation of purchasing authority. Also provides procurement guidance, education, and contract development services. Responsible for developing and administering the CTCD and CTCM certification programs. Statewide Procurement Policy and Outreach (SPPO) - ANSWER-Section of SPD that conducts policy research, provides traini...

Texas SmartBuy Online Ordering System - ️️Statewide Contracts for non-IT goods and services: -Set-Aside (TCI & WorkQuest) -Term contracts -Managed contracts -TXMAS contracts Contract Value - ️️The initial value of the contract, INCLUDING anticipated extensions and renewals for the contract's full existence. Purchasing Authority - ️️The ability of an agency to purchase goods and services using state funds. Delegation of Purchasing Authority - ️️Assigning purchasing a...

What does SPD stand for? - Statewide Procurement Division What 5 Divisions does SPD Encompass? - Contract Development, Contract Management, Procurement & Policy Outreach, HUB, Statewide Fleet, Travel & Mail Initial Value of $5M with 3 optional renewals. Contract Value? -$20M SPD DELEGATION BY RULE INCLUDES -PURCHASES OF $5K OR LESS - SPOT PO ONE TIME PURCHASES OF GOODS $50K OR LESS PURCHASES OF SERVICES OF $100K OR LESS DIRECT PUBLICATIONS PERISHABLE GOODS DISTRIBUTOR PURCHASES FUEL, O...

Contract Value - ANSWER-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? - 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 st...

Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency Texas Departm...

Procurement Roles correct answer: Purchasing, contract development and contract management Purchasing correct answer: Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NOT include development of solicitations or awards that must be posted to ESBD Contract Development correct answer: Processing of requisitions, need assessments, development of specs, development of SOW...

contract value - ANSWER-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? - ANSWER-4 + (4+4+4 renewals) = 16 million What is SPD? - ANSWER-State Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services What is Purchasing authority? - ANSWER-The ability of an ...