Certified Texas Contract Manager Practice Exam

What is the purpose of the Texas Multiple Award Schedule (TXMAS)?

1. To increase competition among bidders

2. To streamline procurement processes

3. To supplement term contracts issued by SPD

4. To set pricing standards for state contracts

The correct answer is: To supplement term contracts issued by SPD

The Texas Multiple Award Schedule (TXMAS) is designed primarily to streamline procurement processes for state agencies and local governments. It allows these entities to purchase goods and services from pre-approved vendors without needing to go through a lengthy bidding process. This streamlining is particularly beneficial in saving time and resources while ensuring that the purchasing is compliant with state regulations. While supplementing term contracts is part of its function, there is a broader emphasis on facilitating efficient procurement. Thus, considering the overall purpose of TXMAS, the best understanding is that it streamlines procurement processes, making it easier for agencies to acquire what they need in an efficient manner. In terms of increasing competition, setting pricing standards, or merely supplementing existing contracts, those aspects are secondary to the primary goal of simplifying and expediting purchasing for state entities.