CERTIFIED TEXAS CONTRACT MANAGER
TEST BANK 2026 EXAM QUESTIONS
ACCURATE ACTUAL EXAM / FREQUENTLY
TESTED QUESTIONS WITH DETAILED
ANSWERS | GUARANTEED PASS | GRADED
A | LATEST UPDATE
Termination for Cause - ....ANSWER...Occurs when the
agency concludes that the contractor fails to perform, make
progress, or in any way breaches contract.
Contract Close-Out - ....ANSWER...Verify that both
parties to the contract have fulfilled their contractual
obligations.
Vendor Performance Reporting - ....ANSWER...Must be
reported for contracts valued at $25,000 or more which are
completed or otherwise terminated.
Extensions - ....ANSWER...Extended term beyond the
original solicitation renewal contract terms. Allows time
,needed to complete the services of the contract. Contract is
going to expire and the new contract is not in place.
Renewal - ....ANSWER...Contractual parties have the
option to renew the contract for another term.
Force Majeure - ....ANSWER...Failure to perform due to
excusable causes such as acts of god, conditions outside the
control of the contractor.
Termination for Convenience - ....ANSWER...Also known
as no-fault termination, allows the agency to terminate any
contract, in who or in part, at any time in its sole discretion.
Vendor Responsbilities - ....ANSWER...goods and services
provided by the vendor
Vendor Constraints - ....ANSWER...conditions that may
limit how work is performed or how products are delivered
,Deliverables - ....ANSWER...outputs or products of the
contract, evidence of performance
Milestone - ....ANSWER...scheduled event associated with
a deliverable; a tool to measure progress (payment schedule
tied to action)
Performance Acceptance Criteria -
....ANSWER...minimum acceptable standards
(compliances actions, codes, etc.)
Report Score - ....ANSWER...The score an agency assigns
for one particular report.
Vendor Score - ....ANSWER...The score calculated by
averaging all a vendors report scores.
Record Retention Period
(Executed before September 1, 2015) -
....ANSWER...Contract documents are required to be kept
, for a period of AC+7 years. (After Close of contract +7
years).
Phase 1 - ....ANSWER...Post payment audit phase that
includes collecting information.
Phase 2 - ....ANSWER...Post payment audit phase that
includes field work.
Phase 3 - ....ANSWER...Post payment audit phase that
includes reporting.
Contract Managers - ....ANSWER...Should be involved
throughout the lifecycle of the procurement. Responsible
for structuring and planning the necessary activities
conducted post-award.
Post-Award Meeting Attendees - ....ANSWER...Contract
Developer, Contract Manager, End-User, Program Manager
Post-Award Meeting - ....ANSWER...Contract managers
start collecting and maintaining contractor performance
TEST BANK 2026 EXAM QUESTIONS
ACCURATE ACTUAL EXAM / FREQUENTLY
TESTED QUESTIONS WITH DETAILED
ANSWERS | GUARANTEED PASS | GRADED
A | LATEST UPDATE
Termination for Cause - ....ANSWER...Occurs when the
agency concludes that the contractor fails to perform, make
progress, or in any way breaches contract.
Contract Close-Out - ....ANSWER...Verify that both
parties to the contract have fulfilled their contractual
obligations.
Vendor Performance Reporting - ....ANSWER...Must be
reported for contracts valued at $25,000 or more which are
completed or otherwise terminated.
Extensions - ....ANSWER...Extended term beyond the
original solicitation renewal contract terms. Allows time
,needed to complete the services of the contract. Contract is
going to expire and the new contract is not in place.
Renewal - ....ANSWER...Contractual parties have the
option to renew the contract for another term.
Force Majeure - ....ANSWER...Failure to perform due to
excusable causes such as acts of god, conditions outside the
control of the contractor.
Termination for Convenience - ....ANSWER...Also known
as no-fault termination, allows the agency to terminate any
contract, in who or in part, at any time in its sole discretion.
Vendor Responsbilities - ....ANSWER...goods and services
provided by the vendor
Vendor Constraints - ....ANSWER...conditions that may
limit how work is performed or how products are delivered
,Deliverables - ....ANSWER...outputs or products of the
contract, evidence of performance
Milestone - ....ANSWER...scheduled event associated with
a deliverable; a tool to measure progress (payment schedule
tied to action)
Performance Acceptance Criteria -
....ANSWER...minimum acceptable standards
(compliances actions, codes, etc.)
Report Score - ....ANSWER...The score an agency assigns
for one particular report.
Vendor Score - ....ANSWER...The score calculated by
averaging all a vendors report scores.
Record Retention Period
(Executed before September 1, 2015) -
....ANSWER...Contract documents are required to be kept
, for a period of AC+7 years. (After Close of contract +7
years).
Phase 1 - ....ANSWER...Post payment audit phase that
includes collecting information.
Phase 2 - ....ANSWER...Post payment audit phase that
includes field work.
Phase 3 - ....ANSWER...Post payment audit phase that
includes reporting.
Contract Managers - ....ANSWER...Should be involved
throughout the lifecycle of the procurement. Responsible
for structuring and planning the necessary activities
conducted post-award.
Post-Award Meeting Attendees - ....ANSWER...Contract
Developer, Contract Manager, End-User, Program Manager
Post-Award Meeting - ....ANSWER...Contract managers
start collecting and maintaining contractor performance
