CTCM CERTIFICATION EXAM 2024
LATEST UPDATED 150 QUESTIONS
WITH DETAILED VERIFIED AND
100% CORRECT ANSWERS ACTUAL
BRAND-NEW EXAM GRADED A+
Scoring a Vendor for VPTS database
(A) Excellent performance score equivalent of 100 -
....ANSWER...(A) Should be given to vendors who met
best value criteria and fully complied with the
requirements of the contract with complete or substantial
customer satisfaction.
Scoring a Vendor for VPTS database
(B) Good performance score equivalent of 85 -
....ANSWER...(B) Should be given to vendors who met
best value criteria and fully complied of promptly
remedied any minor instance of non-compliance with the
requirements of the contract with substantial or adequate
customer satisfaction.
1
,Scoring a Vendor for VPTS database
(C) Satisfactory performance score equivalent of 70 -
....ANSWER...(C) Should be given to vendors who met
best value criteria and substantially remedied a majority of
the instances of non-compliance with the requirements of
the contract with adequate customer satisfaction.
Scoring a Vendor for VPTS database
(D) Unsatisfactory performance score equivalent of 65 -
....ANSWER...(D) Should be given to vendors who did not
meet best value criteria and was in substantial non-
compliance with the requirements of the contract and
failed to remedy a majority of those instances of non-
compliance.
Scoring a Vendor for VPTS database
(F) Extremely unsatisfactory performance score equivalent
of 50 - ....ANSWER...Should be given to vendors who did
not meet best value criteria and was in substantial non-
compliance with the requirements of the contract, failed to
remedy a majority of those instances of non-compliance
and displayed conduct which would be cause for
debarment such as fraud, material misrepresentation or
contract breach.
Report Score - ....ANSWER...The score an agency assigns
2
,for one particular report.
Vendor Score - ....ANSWER...The score calculated by
averaging all a vendor's report scores.
Record Retention - ....ANSWER...The Contract Manager
is responsible for ensuring the contract documents are
retained for the appropriate amount of time by the Texas
State Records Retention Schedule(RRS) published by the
Texas State Library.
Usually most contract documents are retained for the
period of AC+7 (After Close of Contract(AC) +7 years. If
the contract was executed before September 1, 2015 then
AC+4 years must be adhered.
Post Payment Audits - ....ANSWER...The Comptroller's
Fiscal Management Division performs post-payment audits
of all state agencies based on risk assessment.
Audit Phases - ....ANSWER...Phase I - Collecting
Information
Phase II - Fieldwork
Phase III – Reporting
3
, Purchasing - ....ANSWER...The receipt and processing of
requsitions, development of specifications development of
statement of work the issuance of purchase orders against
existing cooperative or agency contracts and the
verification of the inspection of merchandise or receipt of
services by the agency. The term does not include the
development of solicitations and contract awards that must
be posted to the Electronic State Business Daily or in the
Texas Register.
When do you report to VPTS? - ....ANSWER...Contracts
at or greater than $25k. Reporting is required in 30 days
What are the VPTS reporting requirements for contracts
valued over $5 million? - ....ANSWER...Vendor
performance reports are required annually and at each key
milestone. The contract can't be extended until the vendor
performance reports have been submitted to VPTS
Risk Assessment Tools - ....ANSWER...Identify the risk
associated with a contract
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