Ctcm exam stuvia - Study guides, Class notes & Summaries

CTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% Accurate Steps in Contract Management Framework - ANSWER-Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract ...

CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) - ANSWER-the central authority for state agencies for procurement guidance, education, statewide contract de...

Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency Texas Departm...

Contract Management - ANSWER-The entire process from planning through contract administration Contract Manager - ANSWER-oversees & manages the entire process - • Project planning & budget • Specific development • Review & evaluation of solicitation responses • Assuring contract rates/pricing are within budget • Contract award Contract Administrator - ANSWER-responsible for the post award functions • Relationship management • Implementing & monitoring vendor per...

Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) - ANSWER-the central authority for state agencies for procurement guidance, education, statewide contract development services, and delegation of purchasing authority. Statewide Procurement Policy and Outreach - ANSWER-used by state agencies Contract Advisory Team-Review and Delegation (CAT-RAD) Program - ANSWER-conducts solicitation r...

CTCM Exam 2 Questions and Answers (Graded A)CTCM Exam 2 Questions and Answers (Graded A)CTCM Exam 2 Questions and Answers (Graded A)CTCM Exam 2 Questions and Answers (Graded A)CTCM Exam 2 Questions and Answers (Graded A)Purchasing - ANSWER-The receipt and processing of requisitions, development of specifications, development of SOW, issuance of purchase orders against existing statewide, cooperative, or agency contracts, and the verification of the inspection of merchandise or receipt of service...

Steps in Contract Management Framework - ANSWER-Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract Administrator(CA) vs. Contract Manager(CM) - ANSWER-Not the same but very similiar CA - responsible for post award CM - is responsible for all functions of contract mgmt. What are "resources" a contract mgmt plan should have? - ANSWER-Executives, CM, CA Procurement Process - ANSWER-Need defined: End User: CM and Purchaser Procurement Method Sel...

Contract Management - ANSWER-The entire process from planning through contract administration Contract Manager - ANSWER-oversees & manages the entire process - • Project planning & budget • Specific development • Review & evaluation of solicitation responses • Assuring contract rates/pricing are within budget • Contract award Contract Administrator - ANSWER-responsible for the post award functions • Relationship management • Implementing & monitoring vendor per...

Contract Management - ANSWER-The entire process from planning through contract administration Contract Manager - ANSWER-oversees & manages the entire process - • Project planning & budget • Specific development • Review & evaluation of solicitation responses • Assuring contract rates/pricing are within budget • Contract award Contract Administrator - ANSWER-responsible for the post award functions • Relationship management • Implementing & monitoring vendor per...

Vendor Performance Tracking System (VPTS) - ANSWER-Online directory that a contractor's performance must be reported to this system once a contract with a value over $25,000.00 is completed or otherwise terminated. Types of Contract Amendments - ANSWER-1) Bilateral Amendments (Substantive Changes & Constructive Changes) 2) Unilateral Amendments (Administrative Changes) *And Contract Amendment Analysis G-103, G92-93 Contract Renewal vs Contract Extension - ANSWER-Renewal: where contract...