100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
2024/2025 CTCM LATEST CERTIFICATION EXAM WITH 300 PRACTICE QUESTIONS AND CORRECT ANSWERS/ CERTIFIED TEXAS CONTRACT MANAGEMENT CERTIFICATION TEST 2024 PRACTICE (NEW!!) $25.99   Add to cart

Exam (elaborations)

2024/2025 CTCM LATEST CERTIFICATION EXAM WITH 300 PRACTICE QUESTIONS AND CORRECT ANSWERS/ CERTIFIED TEXAS CONTRACT MANAGEMENT CERTIFICATION TEST 2024 PRACTICE (NEW!!)

 5 views  0 purchase
  • Course
  • CTCM - CERTIFIED TEXAS CONTRACT MANAGEMENT
  • Institution
  • CTCM - CERTIFIED TEXAS CONTRACT MANAGEMENT

2024/2025 CTCM LATEST CERTIFICATION EXAM WITH 300 PRACTICE QUESTIONS AND CORRECT ANSWERS/ CERTIFIED TEXAS CONTRACT MANAGEMENT CERTIFICATION TEST 2024 PRACTICE (NEW!!)

Preview 4 out of 56  pages

  • September 9, 2024
  • 56
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CTCM - CERTIFIED TEXAS CONTRACT MANAGEMENT
  • CTCM - CERTIFIED TEXAS CONTRACT MANAGEMENT
avatar-seller
muriithikelvin098
2024/2025 CTCM LATEST CERTIFICATION
EXAM WITH 300 PRACTICE QUESTIONS AND
CORRECT ANSWERS/ CERTIFIED TEXAS
CONTRACT MANAGEMENT CERTIFICATION
TEST 2024 PRACTICE (NEW!!)

TXMAS contracts are also known as
A. Texas Multiple Award Schedule contracts
B. Texas Managed Automated Scheduled contracts
C. Texas Mass Awarded Contracts
D. Texas Multiple Available Sourced contracts - ANSWER-A. Texas Multiple
Award Schedule contracts


To obtain Certification as a Contract Developer or Manager in the state you must:
A. Attend the required training classes
B. Pass the exam with a grade of 80 or above
C. Have a minimum of 1 year experience purchasing
D. All of the above - ANSWER-D. All of the above


Contract Management is the term that applies to actions taken following contract
execution.
TRUE or FALSE. - ANSWER-True


The Procurement Oversight & Delegation Team reviews the following contracts
except:




pg. 1

,A. Conducts reviews and delegation of authority for services of $100,000 or
greater
B. Solicitations with value of $5 million or greater coordinates the review
C. All Major Information Resources Projects
D. Answer questions and provides advice at any time during solicitation -
ANSWER-D. Answer questions and provides advice at any time during solicitation


Texas Smartbuy is the online ordering system used to place orders for commodities
on term contract.
TRUE or FALSE. - ANSWER-False


Dollar thresholds for items purchased under a DIR contract are all except:
A. $1 million to $5 million must obtain pricing from at least 6 vendors in the
category
B. Under $50,000 may directly award to a vendor in the category
C. $50,000 to $1 million must obtain pricing from at least 3 vendor in the category
D. Exceed $5 million must obtain pricing from all vendor in the category -
ANSWER-D. Exceed $5 million must obtain pricing from all vendor in the
category


Reason: Not allowable unless DIR coordinated BULK purchase. An agency may
not enter into a contract to purchase a commodity item through the DIR
Cooperative Contracts Program if the value of the contract exceeds $5 million
unless it is a DIR coordinated bulk purchase


For a formal solicitation you must solicate which vendors on the CMBL
A. all vendors listed under the identified NIGP code
B. all vendors under the NIGP code that services the identified county, city or
highway district

pg. 2

,C. Only 3 vendors under the NIGP code with 2 HUBS
D. only HUB vendors under the NIGP code for that area - ANSWER-A. all
vendors listed under the identified NIGP code


Dollar thresholds for items purchased under a DIR contract are all except:
A. $1 million to $5 million must obtain pricing from at least 6 vendors in the
category
B. Under $50,000 may directly award to a vendor in the category
C. $50,000 to $1 million must obtain pricing from at least 3 vendor in the category
D. exceed $5 million must obtain pricing from all vendor in the category -
ANSWER-D. exceed $5 million must obtain pricing from all vendor in the
category


Request for Qualifications can only be used for establishing contracts with
Consultants. TRUE or FALSE. - ANSWER-False


Liquidated damages is the most effective way to penalize a vendor for breach of
contract. TRUE or FALSE. - ANSWER-False


A debarment check is done by checking the ____ database to establish that the
vendor is not debarred by the Texas Comptroller of public accounts - ANSWER-
CMBL


The procurement oversight and delegation team reviews and provides letters of
delegated purchasing authority for these types of contracts valued at what amount
and above? (two answers are required) - ANSWER-Service Contracts ; 100k


Generally, IFBs (Invitation for Bids) are used for procuring ______. - ANSWER-
Goods


pg. 3

, Generally, RFPs (request for proposals) are used for procuring _____. - ANSWER-
Services


These are the three types of contracts developed and managed by the contract
development and contract management teams within the Statewide Procurement
Division. (Three Answers are required) - ANSWER-Term, Managed and TXMAS


Agencies are required to post solicitations to ___ if a contract is valued at $______
or more. - ANSWER-Electronic state business daily and 25k or more


The amount of time a state agency must wait before it can contract with a former
executive head of a state agency who has retired or left the agency is ____ years. -
ANSWER-4 years


Request for Proposals are used for all of the following except:
A. When respondents are evaluated on a variety of criteria
B. When price is the major determining factor
C. When price is not the primary concern
D. When respondents are expected to provide the best solution - ANSWER-When
price is the major determining factor


True or False: Request for Proposals will typically have a shorter time frame than
Invitation for Bids - ANSWER-False


Which solicitation method offers purchasers the greatest flexibility to select the
best vendor? - ANSWER-Request for Proposal




pg. 4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller muriithikelvin098. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $25.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79650 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$25.99
  • (0)
  Add to cart