CTCM Exam Questions With Revised Correct Answers <Latest Update>
4 views 0 purchase
Course
Certified Texas Contract Manager
Institution
Certified Texas Contract Manager
CTCM Exam Questions With
Revised Correct Answers
<Latest Update>
1) An Invitation for Bid consists of all of the following except:
A. Based on the lowest bid.
B. Must meet the minimum specification
C. Allows for negotiations - ANSWER
negotiations
2) TXMAS contracts are a...
CTCM Exam Questions With
Revised Correct Answers
<Latest Update>
1) An Invitation for Bid consists of all of the following except:
A. Based on the lowest bid.
B. Must meet the minimum specification
C. Allows for negotiations - ANSWER C. Allows for
negotiations
2) TXMAS contracts are also known as
A. Texas Multiple Award Schedule contracts
B. Texas Managed Automated Scheduled contracts
C. Texas Mass Awarded Contracts
D. Texas Multiple Available Sourced contracts - ANSWER A.
Texas Multiple Award Schedule contracts
3) For a formal solicitation you must solicate which vendors on
the CMBL
A. all vendors listed under the identified NIGP code
,B. all vendors under the NIGP code that services the identified
county, city or highway district
C. Only 3 vendors under the NIGP code with 2 HUBS
D. only HUB vendors under the NIGP code for that area -
ANSWER A. all vendors listed under the identified NIGP
code
4) Dollar thresholds for items purchased under a DIR contract
are all except:
A. $1 million to $5 million must obtain pricing from at least 6
vendors in the category
B. Under $50,000 may directly award to a vendor in the
category
C. $50,000 to $1 million must obtain pricing from at least 3
vendor in the category
D. exceed $5 million must obtain pricing from all vendor in the
category - ANSWER D. exceed $5 million must obtain
pricing from all vendor in the category
5) Request for Qualifications can only be used for establishing
contracts with Consultants. TRUE or FALSE. - ANSWER False
,6) Liquidated damages is the most effective way to penalize a
vendor for breach of contract. TRUE or FALSE. - ANSWER
False
7) The term HUB is an acronym for:
A. Historical Urban Business
B. Historically Underutilized Business
C. Historic Underutilized Businesses
D. Historically Unused Business - ANSWER B. Historically
Underutilized Business
8) When competitive bids are not required you must purchase
from a certified HUB.
TRUE or FALSE. - ANSWER False
9) Which compliance check is not required on purchase under
$1 million.
A. SAM Check
B. Warrant/Payment Hold
C. Form 1295
, D. Franchise Tax - ANSWER C. Form 1295; TEC disclosure of
interested parties
10) Which of the following are not considered professional
services
A. Medicine, Professional Nursing, Optometry
B. Consulting Service, Professional Engineering
C. Land Surveying, Landscape Architect
D. Accounting, Real Estate Appraising, Architecture - ANSWER
B. Consulting Service, Professional Engineering
11) All of the following require purchase to be done through a
competitive process except:
A. Purchase from another Agency
B. Purchase of Printing from TCI Print Shop
C. Purchase using a Request for Proposal
D. Purchase using an Invitation for Bid - ANSWER A.
Purchase from another agency
12) A material change in a proposed contract constitutes a
counteroffer, which must be agreed to by the other party for
there to be a finding contract between the parties. Also
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NURSINGDICTIONARY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.34. You're not tied to anything after your purchase.
