CTCM - Certified Texas Contract Management EXAM QUESTIONS WITH CORRECT SOLUTIONS||UPDATED 2026/2027 SYLLABUS||100% GUARANTEED PASS||ALREADY GRADED A+||<<LATEST VERSION>>

CTCM - Certified Texas Contract Management EXAM QUESTIONS WITH CORRECT SOLUTIONS||UPDATED 2026/2027 SYLLABUS||100% GUARANTEED PASS||ALREADY GRADED A+||&lt;&lt;LATEST VERSION&gt;&gt; Non-disclosure statement - ANSWER Employees must complete this when participating in development or award of an RFP Conflict of interest - ANSWER Employees involved in specification development or award determination must complete and it must be included in the annual Procurement Plan Procurement Methods include - ANSWER IFB, RFP, RFQ Advantages of procurement methods - ANSWER Disadvantages of procurement methods - ANSWER IFB - ANSWER RFQ - ANSWER Request for Qualifications RFP - ANSWER Request for Proposal Types of specifications - ANSWER performance, design and combination (also mixed) Risk for performance (who assumes) - ANSWER Risk for design (who assumes) - ANSWER risk for combination (mixed) - ANSWER Factors affecting value - ANSWER life cycle cost, installation cost, etc. Terms and conditions - ANSWER CAT - ANSWER Contract Advisory Team Contract Advisory Team - ANSWER es contracts valued $10 M+ 2. consist of members from CPA, DIR, HHSC, Office of the Governor, TFC, Small Agency Representative ies are required to comply with CAT's recommendations or submit written explanation to CAT why recommendation is not applicable 4. substantial changes to solicitation must be re-submitted to CAT criteria for a valid contract - ANSWER 1. offer 2. acceptance 3. legal purpose 4. mutuality of obligation 5. certainty of subject matter 6. consideration 7. competent parties