CTCM Exam Questions With Revised Correct Answers <Latest Update>
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Course
Certified Texas Contract Manager
Institution
Certified Texas Contract Manager
CTCM Exam Questions With
Revised Correct Answers
<Latest Update>
1) Contract Value - ANSWER
the initial value of the
contract, plus any amendments, renewals and extensions
for the contract's full existence.
2) A contract with an initial value of $2 million, with three (3) ...
CTCM Exam Questions With
Revised Correct Answers
<Latest Update>
1) Contract Value - ANSWER the initial value of the
contract, plus any amendments, renewals and extensions
for the contract's full existence.
2) 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
3) SPD - ANSWER entity that delegates purchasing
authority to state agencies for non-IT goods and services.
4) Purchasing Authority - ANSWER ability of an agency
to purchase goods and services using state funds
5) Delegation of Purchasing Authority - ANSWER
Assigning purchasing authority to an agency.
,6) Statewide Contract Development Team - ANSWER
Develops and administers over 250 statewide contracts
representing several thousand-line items of products/services
Develops Term, Managed, and TXMAS contracts
Processes open market requisitions on behalf of state agencies,
universities, and more than 1,600+ Texas SmartBuy members
7) Statewide Contract Management Team assists with -
ANSWER Day to day contract management
Managing Term, Managed and TXMAS Contracts
Contract administration
Reporting requirements
Vendor performance issues
8) Office of Vehicle & Fleet Management - ANSWER Assists
state agencies in managing their vehicle fleet
,10) Statewide Mail Operations: - ANSWER Processes
approximately 14-17K pieces of mail per day
11) Historically Underutilized Business Program (HUB) -
ANSWER Provides opportunities to disadvantaged groups in
an effort to remedy disparity in state procurement contracting.
Women owned
Minority Owned
Service Disabled Businesses
12) Subcontracting opportunity for any procurement with an
estimated contract value of $100,000 or greater. - ANSWER
You will most likely be working with a HUB
13)1 Statewide Procurement Division (SPD) - ANSWER the
central authority for state agencies for procurement guidance,
education, statewide contract development services, and
delegation of purchasing authority.
, 14) Training & Policy Development - ANSWER Conducts
policy research and provides training and certification for
procurement professionals.
Outreach - ANSWER Provides the customer support for
procurement inquiries for the below programs:
Texas SmartBuy,
Texas SmartBuy Membership Program, Texas Purchasing from
People with Disabilities, Electronic State Business Daily
Centralized Master Bidders List
Vendor Performance Tracking System
Procurement Oversight and Delegation Portal (POD) - ANSWER
Conducts solicitation reviews and delegates purchasing
authority to state agencies for service solicitations valued over
$100,000
POD coordinates with the Contract Advisory Team (CAT)
Interagency Oversight Teams - ANSWER Contract Advisory
Team (CAT) & Quality Assurance Team (QAT)
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