Ctcm Study guides, Revision notes & Summaries
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CTCM Certification Exam Study Guide Questions with Correct Answers 100% Verified
- Exam (elaborations) • 16 pages • 2023
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CTCM Certification Exam Study Guide Questions with Correct Answers 100% Verified 
 Contract Value - Correct Answer The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. 
 
Statewide Procurement Division (SPD) - Correct Answer The entity that delegates purchasing authority to state agencies for non-IT goods and services, 
 
Purchasing authority - Correct Answer The ability of an agency to purchase goods and services using state funds. ...
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CTCM Exam 2024 Questions and Answers 100% Verified
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CTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% Verified 
contract value - ANSWER-Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence 
 
A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contract value? - ANSWER-4 + (4+4+4 renewals) = 16 million 
 
What is SPD? - ANSWER-State Procureme...
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CTCM Exam 2024 Questions and Answers 100% Verified
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CTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedVendor Communication consists of all of the following except. 
A. Avoids situations that could appear to show favoritism to a specific vendor 
B. is constant throughout the life of a contract 
C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
D. ...
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CTCM Exam Prep Latest Version (2024/2025) Rated A+
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CTCM Exam Prep Latest Version 
 
(2024/2025) Rated A+ 
 
What does SPD represent? 
Statewide Procurement Division 
 
How is Contract Value defined? 
 
It refers to the original value of the contract, including any modifications, renewals, and 
extensions throughout the contract's duration. 
 
What is the total contract value for an agreement that starts at $2 million, with three optional 
annual extensions of the same amount? 
 
$8 million 
 
If a contract begins at $500,000 and has two optiona...
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CTCM - Certified Texas Contract Management Exams BUNDLED (COMPLETE PACKAGE)Questions and Answers 100% Verified
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CTCM - Certified Texas Contract Management Exams BUNDLED (COMPLETE PACKAGE)Questions and Answers 100% VerifiedCTCM - Certified Texas Contract Management Exams BUNDLED (COMPLETE PACKAGE)Questions and Answers 100% VerifiedCTCM - Certified Texas Contract Management Exams BUNDLED (COMPLETE PACKAGE)Questions and Answers 100% VerifiedCTCM - Certified Tex
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CTCM EXAM 2023
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CTCM EXAM 2023 
 
Centralized Master's Bidders List 
Master database that provides Texas procurement professionals the ability to foster competition between vendors. 
State Travel Management Program 
Manages travel expenditures, including hotel, car rentals, airlines, and travel agencies. 
Policy and Outreach 
Conducts policy research, training, certification, and customer support services. 
Agency Procurement Plans 
This plan must be submitted by November 30th annually. 
Texas SmartBuy 
Statew...
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CTCM - Certified Texas Contract Management Latest 2023 Graded A+
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CTCM - Certified Texas Contract Management Latest 2023 Graded A+ Contract Management The entire process from planning through contract administration 
Contract Manager oversees & manages the entire process - • Project planning & budget • Specific development • Review & evaluation of solicitation responses • Assuring contract rates/pricing are within budget • Contract award 
Contract Administrator responsible for the post award functions • Relationship management • Implementing & mo...
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CTCM - CERTIFIED TEXAS CONTRACT MANAGEMENT TEST RATED 100% CORRECT
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CTCM - CERTIFIED TEXAS CONTRACT MANAGEMENT TEST 
RATED 100% CORRECT
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