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CTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% Verified 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 Procureme...

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CTCM Exam Prep Latest Version (2024/2025) Rated A+ What does SPD represent? Statewide Procurement Division How is Contract Value defined? It refers to the original value of the contract, including any modifications, renewals, and extensions throughout the contract's duration. What is the total contract value for an agreement that starts at $2 million, with three optional annual extensions of the same amount? $8 million If a contract begins at $500,000 and has two optiona...

CTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedVendor 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. ...

CTCM EXAM 2023 Centralized Master's Bidders List Master database that provides Texas procurement professionals the ability to foster competition between vendors. State Travel Management Program Manages travel expenditures, including hotel, car rentals, airlines, and travel agencies. Policy and Outreach Conducts policy research, training, certification, and customer support services. Agency Procurement Plans This plan must be submitted by November 30th annually. Texas SmartBuy Statew...

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