Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 55 pages
Exam (elaborations)

CTCM Exam Questions With Revised Correct Answers Latest Update

Document preview thumbnail
Preview 4 out of 55 pages

CTCM Exam Questions With Revised Correct Answers Latest Update 1) An Invitation for Bid consists of all of the following except: A. Based on the lowest bid. B. Must meet the minimum specification C. Allows for negotiations - ANSWER negotiations 2) TXMAS contracts are also known as C. Allows for A. Texas Multiple Award Schedule contracts B. Texas Managed Automated Scheduled contracts C. Texas Mass Awarded Contracts D. Texas Multiple Available Sourced contracts - ANSWER Texas Multiple Award Schedule contracts A. 3) For a formal solicitation you must solicate which vendors on the CMBL A. all vendors listed under the identified NIGP code B. all vendors under the NIGP code that services the identified county, city or highway district C. Only 3 vendors under the NIGP code with 2 HUBS D. only HUB vendors under the NIGP code for that area - ANSWER A. all vendors listed under the identified NIGP code 4) Dollar thresholds for items purchased under a DIR contract are all except: A. $1 million to $5 million must obtain pricing from at least 6 vendors in the category B. Under $50,000 may directly award to a vendor in the category C. $50,000 to $1 million must obtain pricing from at least 3 vendor in the category D. exceed $5 million must obtain pricing from all vendor in the category - ANSWER D. exceed $5 million must obtain pricing from all vendor in the category

Content preview

CTCM Exam Questions With
Revised Correct Answers
<Latest Update>
1) An Invitation for Bid consists of all of the following except:
A. Based on the lowest bid.
B. Must meet the minimum specification
C. Allows for negotiations - ANSWER C. Allows for
negotiations


2) TXMAS contracts are also known as
A. Texas Multiple Award Schedule contracts
B. Texas Managed Automated Scheduled contracts
C. Texas Mass Awarded Contracts
D. Texas Multiple Available Sourced contracts - ANSWER A.
Texas Multiple Award Schedule contracts


3) For a formal solicitation you must solicate which vendors on
the CMBL
A. all vendors listed under the identified NIGP code

,B. all vendors under the NIGP code that services the identified
county, city or highway district
C. Only 3 vendors under the NIGP code with 2 HUBS
D. only HUB vendors under the NIGP code for that area -
ANSWER A. all vendors listed under the identified NIGP
code


4) Dollar thresholds for items purchased under a DIR contract
are all except:
A. $1 million to $5 million must obtain pricing from at least 6
vendors in the category
B. Under $50,000 may directly award to a vendor in the
category
C. $50,000 to $1 million must obtain pricing from at least 3
vendor in the category
D. exceed $5 million must obtain pricing from all vendor in the
category - ANSWER D. exceed $5 million must obtain
pricing from all vendor in the category


5) Request for Qualifications can only be used for establishing
contracts with Consultants. TRUE or FALSE. - ANSWER False

,6) Liquidated damages is the most effective way to penalize a
vendor for breach of contract. TRUE or FALSE. - ANSWER
False


7) The term HUB is an acronym for:
A. Historical Urban Business
B. Historically Underutilized Business
C. Historic Underutilized Businesses
D. Historically Unused Business - ANSWER B. Historically
Underutilized Business


8) When competitive bids are not required you must purchase
from a certified HUB.
TRUE or FALSE. - ANSWER False


9) Which compliance check is not required on purchase under
$1 million.
A. SAM Check
B. Warrant/Payment Hold
C. Form 1295

, D. Franchise Tax - ANSWER C. Form 1295; TEC disclosure of
interested parties


10) Which of the following are not considered professional
services
A. Medicine, Professional Nursing, Optometry
B. Consulting Service, Professional Engineering
C. Land Surveying, Landscape Architect
D. Accounting, Real Estate Appraising, Architecture - ANSWER
B. Consulting Service, Professional Engineering


11) All of the following require purchase to be done through a
competitive process except:
A. Purchase from another Agency
B. Purchase of Printing from TCI Print Shop
C. Purchase using a Request for Proposal
D. Purchase using an Invitation for Bid - ANSWER A.
Purchase from another agency


12) 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

Document information

Uploaded on
September 11, 2024
Number of pages
55
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$16.84

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Sold
281
Followers
87
Items
3300
Last sold
4 days ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions