CTCM CERTIFICATION EXAM 2024| WITH 300+
ACTUAL EXAM QUESTIONS AND CORRECT
ANSWERS| A+ GUARANTEED
$5k to $25k = bidding - CORRECT ANSWER: Informal
A contract with an initial value of $4 million, with three (3) optional, annual renewals of
the same amount. What is the contract value? Include formula for the answer. -
CORRECT ANSWER: Initial + Renewals
(4) + (4+4+4)
= $16 Million
A contract with an initial value of $200,000, with two (2) optional, annual renewals of
the same amount. What is the contract value? Include the formula in your response. -
CORRECT ANSWER: Initial + Renewals
(200,000) +(200,000+200,000)
= $600,000
A debarment check is done by checking the database to establish that the vendor
is not debarred by the Texas Comptroller of public accounts - CORRECT ANSWER:
CMBL
A definitions section is important in an RFP to .
A. Clarify the meaning of words if used differently than their normal meaning
B. Spell out acronyms that are used throughout the solicitation
C. Define any technical terms or industry specific language
D. All of the above - CORRECT ANSWER: D. All of the above
A Direct Publication Purchase consists of all of the following except:
A. Commodity or services only available from the Publisher
B. Back issues of magazines, journals, and newspapers
C. Subscription services for magazines, journals, and newspapers
D. Computer software and software maintenance
E. Hard and electronic Publications produced by professional societies - CORRECT
,ANSWER: D. Computer software and software maintenance
Reason: Computer software yes, but maintenance no. Hardware and IT may not be
purchased as a direct publication.
A material change in a proposed contract constitutes a counteroffer, which must be
agreed to by the other party for there to be a finding contract between the parties. Also
referred to as a "meeting of the minds". This is the description of which element of a
contract.
A. Legal Purpose
B. Consideration
,C. Acceptance
D. Offer
E. Competent Parties - CORRECT ANSWER: D. Offer
A purchase is being conducted with the following criteria:
Lots of competition exist and products are standardized and uniform.
Award will be made to the lowest responsible bidder providing best value to the State.
Purchase is for product not service. Which is the best purchasing method for this
purchase?
A. Request for Qualifications
B. Invitation for Bid
C. Request for Proposals
D. Request for Information - CORRECT ANSWER: B. Invitation for Bid (IFB)
A Request for Proposal (RFP) consist of all of the following except:
A. Is a sealed competitive process
B. Contains a negotiation phase
C. Is similar to the invitation for bid process
D. Includes a best and final offer (BAFO) - CORRECT ANSWER: C. Is similar to the
invitation for bid process
Reason: The IFB does not allow for negotiations and an RFP's products and services
are not necessarilty standardized like an IFB's are; an RFP allows for customized
proposals.
A specification that focuses on the outcomes or results rather than the process in which
the goods and services are produced are known as Performance Based Specifications.
TRUE or FALSE. - CORRECT ANSWER: True
A statement of work .
A. Helps detail the specifications and outline the project
B. Provides details like the agency point of contact and the solicitation number
C. Lists major deadlines and events
D. Includes the contract terms and conditions
, E. All of the above - CORRECT ANSWER: Helps detail the specifications and outline
the project
Affinity - CORRECT ANSWER: Through marriage
Agencies are required to post solicitations to if a contract is valued at $ or
more. - CORRECT ANSWER: Electronic state business daily and 25k or more
Agency Procurement Plans - CORRECT ANSWER: The plan must be submitted by
November 30th annually to SPD for potential contract consolidation
All of the following require purchase to be done through a competitive process except:
ACTUAL EXAM QUESTIONS AND CORRECT
ANSWERS| A+ GUARANTEED
$5k to $25k = bidding - CORRECT ANSWER: Informal
A contract with an initial value of $4 million, with three (3) optional, annual renewals of
the same amount. What is the contract value? Include formula for the answer. -
CORRECT ANSWER: Initial + Renewals
(4) + (4+4+4)
= $16 Million
A contract with an initial value of $200,000, with two (2) optional, annual renewals of
the same amount. What is the contract value? Include the formula in your response. -
CORRECT ANSWER: Initial + Renewals
(200,000) +(200,000+200,000)
= $600,000
A debarment check is done by checking the database to establish that the vendor
is not debarred by the Texas Comptroller of public accounts - CORRECT ANSWER:
CMBL
A definitions section is important in an RFP to .
A. Clarify the meaning of words if used differently than their normal meaning
B. Spell out acronyms that are used throughout the solicitation
C. Define any technical terms or industry specific language
D. All of the above - CORRECT ANSWER: D. All of the above
A Direct Publication Purchase consists of all of the following except:
A. Commodity or services only available from the Publisher
B. Back issues of magazines, journals, and newspapers
C. Subscription services for magazines, journals, and newspapers
D. Computer software and software maintenance
E. Hard and electronic Publications produced by professional societies - CORRECT
,ANSWER: D. Computer software and software maintenance
Reason: Computer software yes, but maintenance no. Hardware and IT may not be
purchased as a direct publication.
A material change in a proposed contract constitutes a counteroffer, which must be
agreed to by the other party for there to be a finding contract between the parties. Also
referred to as a "meeting of the minds". This is the description of which element of a
contract.
A. Legal Purpose
B. Consideration
,C. Acceptance
D. Offer
E. Competent Parties - CORRECT ANSWER: D. Offer
A purchase is being conducted with the following criteria:
Lots of competition exist and products are standardized and uniform.
Award will be made to the lowest responsible bidder providing best value to the State.
Purchase is for product not service. Which is the best purchasing method for this
purchase?
A. Request for Qualifications
B. Invitation for Bid
C. Request for Proposals
D. Request for Information - CORRECT ANSWER: B. Invitation for Bid (IFB)
A Request for Proposal (RFP) consist of all of the following except:
A. Is a sealed competitive process
B. Contains a negotiation phase
C. Is similar to the invitation for bid process
D. Includes a best and final offer (BAFO) - CORRECT ANSWER: C. Is similar to the
invitation for bid process
Reason: The IFB does not allow for negotiations and an RFP's products and services
are not necessarilty standardized like an IFB's are; an RFP allows for customized
proposals.
A specification that focuses on the outcomes or results rather than the process in which
the goods and services are produced are known as Performance Based Specifications.
TRUE or FALSE. - CORRECT ANSWER: True
A statement of work .
A. Helps detail the specifications and outline the project
B. Provides details like the agency point of contact and the solicitation number
C. Lists major deadlines and events
D. Includes the contract terms and conditions
, E. All of the above - CORRECT ANSWER: Helps detail the specifications and outline
the project
Affinity - CORRECT ANSWER: Through marriage
Agencies are required to post solicitations to if a contract is valued at $ or
more. - CORRECT ANSWER: Electronic state business daily and 25k or more
Agency Procurement Plans - CORRECT ANSWER: The plan must be submitted by
November 30th annually to SPD for potential contract consolidation
All of the following require purchase to be done through a competitive process except:
