Ctcm 2024 - Study guides, Class notes & Summaries

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...

CTCM CERTIFICATION EXAM 2024| WITH 300+ ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS| A+ GUARANTEED

contract value - ANSWER-Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contract value? - ANSWER-4 + (4+4+4 renewals) = 16 million What is SPD? - ANSWER-State Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services What is Purchasing authority? - ANSWER-The ability of an ...

CTCM (CERTIFIED TEXAS CONTRACT MANAGER) CERTIFICATION EXAM 2024 ACTUAL EXAM COMPLETE 130 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

CTCM - Certified Texas Contract Management Exam 2023/2024 Graded A+. Certified Texas Contract Manager - ANSWER-• professional title containing the "contract" • contract management duties 50% or more • Manages any contract in excess of $5,000,000. Statewide Procurement Division (SPD) is the central authority for state agencies in procurement for: - ANSWER-- Procurement guidance - Education - Statewide contract development services - Delegation of purchasing authority What does S...

Vendor Communication consists of all of the following except. A. Avoids situations that could appear to show favoritism to a specific vendor B. is constant throughout the life of a contract C. Allows communication by the end user during solicitation as long as they communicate to all vendors D. Is allowable and unallowable depending on the circumstance. - ANSWER-C. Allows communication by the end user during solicitation as long as they communicate to all vendors The Statewide Procurement...

CTCM CERTIFICATION EXAM 2024| 300+ ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS GUARANTEED A+

CTCM Exam 2024; Questions and Answers 100% Correct Centralized Master's Bidders List Correct answer-Master database that provides Texas procurement professionals the ability to foster competition between vendors. State Travel Management Program Correct answer-Manages travel expenditures, including hotel, car rentals, airlines, and travel agencies. Policy and Outreach Correct answer-Conducts policy research, training, certification, and customer support services. Agency Procurement P...

CTCM - Certified Texas Contract Management Exam 2023/2024 Graded A+. Certified Texas Contract Manager - ANSWER-• professional title containing the "contract" • contract management duties 50% or more • Manages any contract in excess of $5,000,000. Statewide Procurement Division (SPD) is the central authority for state agencies in procurement for: - ANSWER-- Procurement guidance - Education - Statewide contract development services - Delegation of purchasing authority What does S...

CTCM CERTIFICATION EXAM 2024| WITH 300+ ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS| A+ GUARANTEED