Ctcm 2024 Study guides, Class notes & Summaries

CTCM CERTIFICATION EXAM 2024| 300+ ACTUAL EXAM QUESTIONS WITH 100% CORRECT ANSWERS GUARANTEED A+ 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

CTCM CERTIFICATION EXAM 2024| 300+ ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS GUARANTEED A+

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...

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. - correct answer C. Allows communication by the end user during solicitation as long as they communicate to all vendors The Statewide P...

CTCM (CERTIFIED TEXAS CONTRACT MANAGER) CERTIFICATION EXAM 2024 ACTUAL EXAM COMPLETE 130 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

Procurement Roles - correct answer Purchasing, contract development and contract management Purchasing - correct answer Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NOT include development of solicitations or awards that must be posted to ESBD Contract Development - correct answer Processing of requisitions, need assessments, development of specs, development ...

CTCM - Certified Texas Contract Management Exam 2023/2024 Graded A+.

CTCM Exam 2024; Questions and Answers 100% Correct Centralized Master's Bidders List Correct answer-Master database that provides Texas procurement professionals the ability to foster competition between vendors. State Travel Management Program Correct answer-Manages travel expenditures, including hotel, car rentals, airlines, and travel agencies. Policy and Outreach Correct answer-Conducts policy research, training, certification, and customer support services. Agency Procurement P...

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 ...

CTCM CERTIFICATION EXAM 2024| 300+ ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS GUARANTEED A+