Ctcm exam prep - Study guides, Class notes & Summaries

CTCM Exam Prep (May 2023) EXAM 2024 NEWEST WITH DETAILED VERIFIED ANSWERS (100% CORRECT Contract Value - ANSWER-the initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. A contract with an initial value of $2 million, with three (3) optional, annual renewals of the same amount. What is the contract value? - ANSWER-8 Million SPD - ANSWER-entity that delegates purchasing authority to state agencies for non-I...

CTCM Exam Prep - Feb 2023 EXAM NEWEST 2024 ACTUAL EXAM COMPLETE 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ What is SPD? - ANSWERStatewide Procurement Division Define Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals, and extensions for the contract's full existence. What is the contract value for a contract with an initial value of $2 million, with 3 optional annual renewals o...

Certified Texas Contract Manager (CTCM) Exam Prep with Complete Solutions Certified Texas Contract Manager (CTCM) Exam Prep with Complete Solutions Certified Texas Contract Manager (CTCM) Exam Prep with Complete Solutions 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) Bilater...

What is SPD? - Statewide Procurement Division Define Contract Value - The initial value of the contract, plus any amendments, renewals, and extensions for the contract's full existence. What is the contract value for a contract with an initial value of $2 million, with 3 optional annual renewals of the same amount? - $8 million What is the contract value for a contract with an initial value of $500,000, with 2 optional annual renewals of the same amount? - $1.5 million What does SPD do? ...

Certified Texas Contract Manager (CTCM) Exam Prep 2024; Questions and Answers 100% Correct Vendor Performance Tracking System (VPTS) Correct 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 Correct answer-1) Bilateral Amendments (Substantive Changes & Constructive Changes) 2) Unilateral Amendments (Administrative Changes) *And Contrac...

CTCM Exam Prep Questions With Correct Answers What is SPD? - answerStatewide Procurement Division Define Contract Value - answerThe initial value of the contract, plus any amendments, renewals, and extensions for the contract's full existence. What is the contract value for a contract with an initial value of $2 million, with 3 optional annual renewals of the same amount? - answer$8 million What is the contract value for a contract with an initial value of $500,000, with 2 optional annua...

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...

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...

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...