CERTIFIED TEXAS CONTRACT MANAGER EXAM 2024/2025
NEWEST!! ACTUAL COMPLETE 150 REAL EXAM QUESTIONS
WITH CORRECT DETAILED ANSWERS ( VERIFIED ANSWERS )
ALREADY GRADED A+
Inspection and Acceptance - ANSWER -Inspect the delivery, were
shipments delivered in error, compare items received with the
purchase order for brand name and product number, inspect for
minor visible damage, inspect for severe damage,pick up and
return of shipments, inspect the internal receiving report, and
partial shipment/ End-user and/or purchaser.
Indirect Cost - ANSWER -Cost included under a contract that is
not specific to the
project.
31st Day - ANSWER -A payment is considered overdue after the
later of: (1) the receipt of the goods; (2) performance of the
services; or (3) receipt of the invoice for the goods or services.
Processing Payment - ANSWER -Making sure the contractor or
vendor is paid for
the service or commodity that was provided in order to
uphold the contract.
,Avoid Dispute Resolution Escalations - ANSWER -Agency
personnel must respond
promptly to all contractor
inquiries.
Modification of a Contract - ANSWER -Must be initiated by the
contract manager that involves the contract developer, end-user,
and project manager. Takes place to adjust the assessments of the
contract originally established.
Records Retention Schedule (RRS) - ANSWER -Used as a guide by
the agency in creating and update its schedule. The periods giving
are required minimums, but can be kept in use if justified.
Record Retention Period
(Executed after September 1, 2015) - ANSWER -Contract
documents are required to be kept for a period of AC+4 years.
(After Close of contract +7 years).
State Record Cannot be Destroyed - ANSWER -If any litigation,
claim, negotiation, audit, public information request,
administration review, or other action involving the record is
initiated.
Fiscal Management Division - ANSWER -Performs post-payment
audits of all state
, agencies.
Procurement Professional - ANSWER -Any person who
conducts purchasing,
contract development, or contract
management activities.
Purchasing - ANSWER -The receipt and processing of requisitions,
development of
specifications, development of state of work, the issuance of
purchase orders
against existing cooperative or agency contracts, and the
verification of the
inspection of merchandise or receipt of services
by the agency.
Contract Development - ANSWER -Actions taken prior to contract
execution, including the receipt and processing of requisitions,
assessment of need, development and review of specifications,
development and review of scopes of work, identification and
selection of procurement methods, identification and preparation
of evaluation criteria, preparation of and advertising solicitation
documents, tabulation of respondent bids, evaluation of
respondent proposals,
negotiation of proposals, and the preparation and completion
of contract award
NEWEST!! ACTUAL COMPLETE 150 REAL EXAM QUESTIONS
WITH CORRECT DETAILED ANSWERS ( VERIFIED ANSWERS )
ALREADY GRADED A+
Inspection and Acceptance - ANSWER -Inspect the delivery, were
shipments delivered in error, compare items received with the
purchase order for brand name and product number, inspect for
minor visible damage, inspect for severe damage,pick up and
return of shipments, inspect the internal receiving report, and
partial shipment/ End-user and/or purchaser.
Indirect Cost - ANSWER -Cost included under a contract that is
not specific to the
project.
31st Day - ANSWER -A payment is considered overdue after the
later of: (1) the receipt of the goods; (2) performance of the
services; or (3) receipt of the invoice for the goods or services.
Processing Payment - ANSWER -Making sure the contractor or
vendor is paid for
the service or commodity that was provided in order to
uphold the contract.
,Avoid Dispute Resolution Escalations - ANSWER -Agency
personnel must respond
promptly to all contractor
inquiries.
Modification of a Contract - ANSWER -Must be initiated by the
contract manager that involves the contract developer, end-user,
and project manager. Takes place to adjust the assessments of the
contract originally established.
Records Retention Schedule (RRS) - ANSWER -Used as a guide by
the agency in creating and update its schedule. The periods giving
are required minimums, but can be kept in use if justified.
Record Retention Period
(Executed after September 1, 2015) - ANSWER -Contract
documents are required to be kept for a period of AC+4 years.
(After Close of contract +7 years).
State Record Cannot be Destroyed - ANSWER -If any litigation,
claim, negotiation, audit, public information request,
administration review, or other action involving the record is
initiated.
Fiscal Management Division - ANSWER -Performs post-payment
audits of all state
, agencies.
Procurement Professional - ANSWER -Any person who
conducts purchasing,
contract development, or contract
management activities.
Purchasing - ANSWER -The receipt and processing of requisitions,
development of
specifications, development of state of work, the issuance of
purchase orders
against existing cooperative or agency contracts, and the
verification of the
inspection of merchandise or receipt of services
by the agency.
Contract Development - ANSWER -Actions taken prior to contract
execution, including the receipt and processing of requisitions,
assessment of need, development and review of specifications,
development and review of scopes of work, identification and
selection of procurement methods, identification and preparation
of evaluation criteria, preparation of and advertising solicitation
documents, tabulation of respondent bids, evaluation of
respondent proposals,
negotiation of proposals, and the preparation and completion
of contract award
