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What role does the Contract Advisory Team-Review and Delegation (CAT-RAD) Program play in the procurement process?
It oversees all contracts under $100,000
It reviews solicitations over $100,000
It handles training for procurement professionals
It manages vendor compliance evaluations
The correct answer is: It reviews solicitations over $100,000
The correct answer highlights the significant role of the Contract Advisory Team-Review and Delegation (CAT-RAD) Program in scrutinizing solicitations that exceed $100,000. This is crucial because higher-value contracts often come with increased risk and complexity, necessitating a thorough review to ensure compliance with state law and proper procurement practices. The CAT-RAD Program provides expertise and collective insight, allowing for better decision-making and ensuring that all regulations are adhered to when awarding these substantial contracts. While oversight of contracts under a certain amount and vendor compliance are essential functions in the procurement process, CAT-RAD is specifically tasked with the review of higher-value solicitations. Training for procurement professionals is also vital, but it falls outside the direct remit of the CAT-RAD Program, which focuses more on contract review rather than training initiatives.