Ctcm exam latest 2024 - Study guides, Revision notes & Summaries

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 optional...

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CTCM CERTIFICATION EXAM 2024/ LATEST UPDATE WITH 300+ QUESTIONS AND CORRECT VERIFIED ANSWERS GUARANTEED A+ $ 5K to $ 25k = binding- correct answer informal A contract with an initial value of $4 million, with three (3) optional, annual renewals of the same amount. What is the contract value? Include formula for the answer. - CORRECT ANSWER: Initial + Renewals (4) + (4+4+4) = $16 Million

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CTCM Exam | Questions & Answers (100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers | With Expert Solutions

CTCM Exam | Questions & Answers (100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers | With Expert Solutions

CTCM Exam Prep | Questions & Answers (100 %Score) Latest Updated 2024/2025 Comprehensive Questions A+ Graded Answers | With Expert Solutions

CTCM CERTIFICATION EXAM 2024/ LATEST UPDATE WITH 300+ QUESTIONS AND CORRECT VERIFIED ANSWERS GUARANTEED A+