Ctcm 2024 - Study guides, Class notes & Summaries

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CTCM Exam Prep 2024/2025; Questions and Answers 100% Correct Contract Value Correct answer-the initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. A contract with an initial value of $2 million, with three (3) optional, annual renewals of the same amount. What is the contract value? Correct answer-8 Million SPD Correct answer-entity that delegates purchasing authority to state agencies for nonIT goods and services.

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CTCD EXAM 2024 QUESTIONS AND ANSWERS ALREADY PASSED What is the role of the TEXAS COMPTROLLER OF PUBLIC ACCOUNTS? The Texas Comptroller serves as the state's tax collector and treasury manager. It handles state accounting, forecasts revenue, supports purchasing activities, oversees procurement, and manages statewide term contracts utilized by over 200 state agencies and universities. What does the term "Purchaser Role" refer to? This term describes the administrative or procedu...

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

CTCM EXAM PREP WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 – 2025 ALREADY GRADED A+