Ctcm exam 2024 - Study guides, Revision notes & Summaries
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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 EXAM 2024 QUESTIONS AND GOLDEN TIPS ANSWERS 100% VERIFIED ANSWERS GRADED A
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CTCM EXAM 2024 QUESTIONS AND GOLDEN TIPS ANSWERS 100% VERIFIED ANSWERS GRADED A
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CTCM Exam 2024 Questions & Answers (Latest Update)
- Exam (elaborations) • 22 pages • 2024
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Vendor 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. Is allowable and unallowable depending on the circumstance. - ANSWER-C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
 
The Statewide Procurement...
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CTCM Exam 2024/5. 219 Q&A. With Complete Verified Solution 2024/5.
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CTCM Exam 2024/5. 219 Q&A. With Complete Verified Solution 2024/5.
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CTCM Exam 2024 Questions and Answers (Graded A)
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CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable 
 
Statewide Procurement Division (SPD) - ANSWER-the central authority for state agencies for procurement guidance, education, statewide contract de...
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CTCM Exam 2024 Questions & Answers 100% Verified
- Exam (elaborations) • 22 pages • 2024
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Vendor 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. Is allowable and unallowable depending on the circumstance. - ANSWER-C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
 
The Statewide Procurement...
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CTCM Exam 2024 Questions & Answers (RATED A+)
- Exam (elaborations) • 11 pages • 2024
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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 Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services 
 
What is Purchasing authority? - ANSWER-The ability of an ...
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CTCM Exam 2024 Questions And Answers (Latest Update)
- Exam (elaborations) • 22 pages • 2024
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Vendor 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. Is allowable and unallowable depending on the circumstance. - ANSWER-C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
 
The Statewide Procurement...
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