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Exam (elaborations)

CTCM Certification Exam Questions and Answers

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  • Course
  • CTCM - Certified Texas Contract Management
  • Institution
  • CTCM - Certified Texas Contract Management

CTCM Certification Exam Questions and Answers

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  • September 24, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CTCM - Certified Texas Contract Management
  • CTCM - Certified Texas Contract Management
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Gordones22
CTCM Certification Exam Questions and
Answers

Purchasing - Correct Answers -The receipt and processing of requisitions, development
of specifications, development of statement of work, the issuance of purchase orders
against existing statewide, cooperative or agency, contracts, and the verification of the
inspection of merchandise on receipt of services by the agency.

Contract Development - Correct Answers -The term applies to actions taken prior to
contract execution, including the receipt and processing of requisitions, assessment of
need, development and review of specifications, development and review of scopes of
work, identification and selection of procurement methods, identification and preparation
of evaluation criteria, preparation and advertising of solicitation documents, tabulation of
respondent bids, evaluation of respondent proposals, negotiation of proposals, and the
preparation and completion of contract award documents.

Contract Management - Correct Answers -The term applies to actions taken following
contract execution , including the assessment of risk, verification of contractor
performance, monitoring compliance with deliverable and reporting requirements,
enforcement of contract terms, monitoring and reporting of vendor performance, and
ensuring that contract performance and practices are consistent with applicable rules,
laws, and the State of Texas Procurement and Contract Management Guide.

Contract Value - Correct Answers -The initial value of the contract including anticipated
extensions and renewals for the contract's full extension

$16 million - Correct Answers -A contract with an initial value of $4M, with three (3)
optional, annual renewals of the same value.

SPD - Correct Answers -The entity that delegates purchasing authority to state
agencies for non-IT goods and services

Purchasing Authority - Correct Answers -The ability of an agency to purchase goods
and services using state funds

, Delegation of Purchasing Authority - Correct Answers -Assigning purchasing authority
to an agency. NOTE: Some agencies already have purchasing authority given by
statute, or rule of certain procurements.

Statewide Procurement Division (SPD) - Correct Answers -Collective of agencies
including Statewide Historically Underutilized Business Program(HUB), Texas
SmartBuy, TxMas and Centralized Master Bidders List (CMBL)

Areas Handled by SPD - Correct Answers -Contract Development, Contract
Management, Statewide Fleet, Travel, and Mail, HUB, and Procurement Policy and
Outreach

Statewide Contract Development Team - Correct Answers -Develops and administers
over 250 statewide contracts representing several thousand line items of
products/services; develops Term, Managed, and TXMAS Contracts; process open
market requisitions on behalf of state agencies, universities, and more than 1500 Texas
SmartBuy members

Statewide Contract Management Team - Correct Answers -Assists with day-to-day
contract management, contract administration, reporting requirements, and vendor
performance issues.

Office of Vehicle Fleet Management (OVFM) - Correct Answers -Currently comprised of
30, 296 vehicles distributed among 99 state agencies.

Statewide Travel Management Program - Correct Answers -Contracts help the state
manage travel expenditures, monitor travel activity, and provide discounted travel
services.

Statewide Mail Operations - Correct Answers -Processes approximately 14-17K pieces
of mail per day for state agencies.

Historically Underutilized Business Program (HUB) - Correct Answers -Promotes full
and equal business opportunities; Subcontracting opportunity for any procurement with
an estimated contract value of $100,000 or greater

Training and Policy Development - Correct Answers -Conducts research and
clarification; provides training courses, certifications, and continuing education courses
for procurement professionals; part of Statewide Procurement Policy and Outreach

Outreach - Correct Answers -Provides customer support for procurement inquiries for
the Texas SmartBuy, Electronic State Business Daily, Centralized Master Bidder's List,
and Vendor Performance Tracking System

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