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CTCM Exam Latest 2024 | CTCM Actual Exam Update 2024 Questions and Correct Answers Rated A+

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CTCM Exam Latest 2024 | CTCM Actual Exam Update 2024 Questions and Correct Answers Rated A+

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  • September 30, 2024
  • 37
  • 2024/2025
  • Exam (elaborations)
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CTCM Exam Latest 2024 | CTCM Actual
Exam Update 2024 Questions and
Correct Answers Rated A+
A Contractor's performance must be reported to this system once a
contract with a value over $25K is completed or otherwise terminated.
-ANSWER-Vendor Performance Tracking System (VPTS)

The State's eProcurement system for non-IT goods and services. -
ANSWER-Texas Smartbuy

Conducts policy research, training and certification and customer
support services. -ANSWER-Policy and Outreach

Provides state agencies and institutions of higher education a variety
of mail operations services. -ANSWER-Statewide Mail Operations

Manages statewide term, managed, and TXMAS contracts for use by
state agencies -ANSWER-Statewide Contract Management Team

Manages travel expenditures, monitors travel activity, provides
discounted travel services to state agencies, institutions of higher
education, and eligible Texas SmartBuy members. -ANSWER-State
Travel Management Program

Establishes and manages the state vehicle reporting system, assists
state agencies and institutions of higher education with the
management of their fleet vehicles. -ANSWER-Office of Vehicle Fleet
Management

,Provides opportunities to disadvantaged groups in an effort to remedy
disparity in state procurement and contracting. -ANSWER-Historically
Underutilized Business Program (HUB)

The State's online directory used for posting solicitations for the
purposes of informing vendors of procurement opportunities and
providing public notice of contract awards. -ANSWER-Electronic State
Business Daily (ESBD)

Reviews solicitations and issues a letter of delegation of purchasing
authority for an anticipated service contract valued over $100K. -
ANSWER-Procurement Oversight and Delegation (POD)

Online directory that provides public procurement professionals the
ability to foster competition between vendors. -ANSWER-Centralized
Master Bidder's List (CMBL)

This plan must be submitted by November 30th annually to SPD for
potential contract consolidation. -ANSWER-Agency Procurement
Plans

Develops statewide term, managed, and TXMAS contracts that offer a
broad range of goods and services to state agencies. -ANSWER-
Statewide Contract Development Team

Form must be filled out by procurement professional once this dollar
threshold is met -ANSWER-SAO Nepotism Disclosure & $1 Million

Tool that assists Contract Manager in assessing risk & monitoring
deliverables following Contract Execution. -ANSWER-The Quality
Assessment Plan (QAP)

,Amount of time an executive of state agency must wait to go to work
for a vendor -ANSWER-4 years

Suspension of performance due to excusable causes -ANSWER-
Force Majeure

High risk $, best practice for Contract Developer and Manger to hold
this kind of meeting. -ANSWER-Post-Award Meeting

3 types of contracts developed and managed by SPD -ANSWER-
Term, Managed & TXMAS

Report must submitted to this database once a contract valued at this
dollar amount is closed out. -ANSWER-Vendor Performance Tracking
System (VPTS) & $25K

Agency posts the Records Retention Schedule (RRS) where? -
ANSWER-Texas State Library

Risk factors generally fall into 3 categories -ANSWER-schedule risk,
financial risk and performance risk

An agency examination of reports submitted by the Contractor -
ANSWER-Desk Review

Vendor communication must cease when? -ANSWER-Solicitation
drafting begins

Accepting any offer is a? -ANSWER-Bribe

Form submitted to the SPD annually -ANSWER-Agency Procurement
Plan

, Process Contract Monitor uses to verify both parties of the Contact
have fulfilled their obligations -ANSWER-Contract Close-Out

eProcurement search for existing SPD Contracts? -ANSWER-Texas
SmartBuy

Having a controlling interest is this kind of change? -ANSWER-
Substantial

Change in price or delivery schedule is this kind of change? -
ANSWER-Substantive

Provisions must be included in the Contract term if it crosses fiscal
years -ANSWER-Termination for non-appropriations

Letter provided to the Contractor when terminating -ANSWER-Cure
Notice

An effective Risk Assessment will focus on monitoring Contracts with
what? -ANSWER-The highest risk of noncompliance

Things to consider when assessing the Financial Risks? -ANSWER-
Price Structure and Indirect costs with no ceiling

Things to consider when assessing the Schedule Risks? -ANSWER-
Statutory obligation (implementation deadline)
Lapse in Existing Service
Deliverable's impact on project or service

Things to consider when assessing Performance Risks? -ANSWER-
Complexity of Deliverable

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