CTCM Exam Latest 2024 | CTCM Actual
Exam Update 2024 Questions and
Correct Answers Rated A+
A Contractor's performance must be reported to this system once a
contract with a value over $25K is completed or otherwise terminated.
-ANSWER-Vendor Performance Tracking System (VPTS)
The State's eProcurement system for non-IT goods and services. -
ANSWER-Texas Smartbuy
Conducts policy research, training and certification and customer
support services. -ANSWER-Policy and Outreach
Provides state agencies and institutions of higher education a variety
of mail operations services. -ANSWER-Statewide Mail Operations
Manages statewide term, managed, and TXMAS contracts for use by
state agencies -ANSWER-Statewide Contract Management Team
Manages travel expenditures, monitors travel activity, provides
discounted travel services to state agencies, institutions of higher
education, and eligible Texas SmartBuy members. -ANSWER-State
Travel Management Program
Establishes and manages the state vehicle reporting system, assists
state agencies and institutions of higher education with the
management of their fleet vehicles. -ANSWER-Office of Vehicle Fleet
Management
,Provides opportunities to disadvantaged groups in an effort to remedy
disparity in state procurement and contracting. -ANSWER-Historically
Underutilized Business Program (HUB)
The State's online directory used for posting solicitations for the
purposes of informing vendors of procurement opportunities and
providing public notice of contract awards. -ANSWER-Electronic State
Business Daily (ESBD)
Reviews solicitations and issues a letter of delegation of purchasing
authority for an anticipated service contract valued over $100K. -
ANSWER-Procurement Oversight and Delegation (POD)
Online directory that provides public procurement professionals the
ability to foster competition between vendors. -ANSWER-Centralized
Master Bidder's List (CMBL)
This plan must be submitted by November 30th annually to SPD for
potential contract consolidation. -ANSWER-Agency Procurement
Plans
Develops statewide term, managed, and TXMAS contracts that offer a
broad range of goods and services to state agencies. -ANSWER-
Statewide Contract Development Team
Form must be filled out by procurement professional once this dollar
threshold is met -ANSWER-SAO Nepotism Disclosure & $1 Million
Tool that assists Contract Manager in assessing risk & monitoring
deliverables following Contract Execution. -ANSWER-The Quality
Assessment Plan (QAP)
,Amount of time an executive of state agency must wait to go to work
for a vendor -ANSWER-4 years
Suspension of performance due to excusable causes -ANSWER-
Force Majeure
High risk $, best practice for Contract Developer and Manger to hold
this kind of meeting. -ANSWER-Post-Award Meeting
3 types of contracts developed and managed by SPD -ANSWER-
Term, Managed & TXMAS
Report must submitted to this database once a contract valued at this
dollar amount is closed out. -ANSWER-Vendor Performance Tracking
System (VPTS) & $25K
Agency posts the Records Retention Schedule (RRS) where? -
ANSWER-Texas State Library
Risk factors generally fall into 3 categories -ANSWER-schedule risk,
financial risk and performance risk
An agency examination of reports submitted by the Contractor -
ANSWER-Desk Review
Vendor communication must cease when? -ANSWER-Solicitation
drafting begins
Accepting any offer is a? -ANSWER-Bribe
Form submitted to the SPD annually -ANSWER-Agency Procurement
Plan
, Process Contract Monitor uses to verify both parties of the Contact
have fulfilled their obligations -ANSWER-Contract Close-Out
eProcurement search for existing SPD Contracts? -ANSWER-Texas
SmartBuy
Having a controlling interest is this kind of change? -ANSWER-
Substantial
Change in price or delivery schedule is this kind of change? -
ANSWER-Substantive
Provisions must be included in the Contract term if it crosses fiscal
years -ANSWER-Termination for non-appropriations
Letter provided to the Contractor when terminating -ANSWER-Cure
Notice
An effective Risk Assessment will focus on monitoring Contracts with
what? -ANSWER-The highest risk of noncompliance
Things to consider when assessing the Financial Risks? -ANSWER-
Price Structure and Indirect costs with no ceiling
Things to consider when assessing the Schedule Risks? -ANSWER-
Statutory obligation (implementation deadline)
Lapse in Existing Service
Deliverable's impact on project or service
Things to consider when assessing Performance Risks? -ANSWER-
Complexity of Deliverable
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card for the summaries. There is no membership needed.
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 paulynmugo. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £18.16. You're not tied to anything after your purchase.