CTCM Test A Questions with Correct
Answers
What is an "Historically Underutilized Business" (HUB)? A small business owned by a
woman, a service disabled veteran, or a historically underrepresented minority.
The Centralized Master Bidders List (CMBL) is: A list of vendors interested in doing
business with the state.
Best and Final Offers (BAFO) are: Revisions of proposals by vendors submitted after
discussions with the agency.
Contractor risk factors include the following? - Contractor's past performance.
- Turnover in key personnel.
- Dollar amount of the contract.
The following are essential terms of a contract: - Scope of work
- Price
- Abandonment or default
, A good contract administrator must be: Available for meetings.
The Vendor Performance Tracking System (VPTS): - Is required for use on projects
<$25k in scope.
- Tracks exceptional, satisfactory, and unsatisfactory behavior.
The three types of contract reports: - Status Reports
- Activity Reports
- Vendor Performance Reports
If the agency changes the scope of the contract after signing, this is known as:
Constructive Change
Is not an element of dispute resolution: A File Grievance
A contractor fails to deliver contracted goods on time due to a hurricane. This is called:
Excusable Non-Compensable Delay.
Answers
What is an "Historically Underutilized Business" (HUB)? A small business owned by a
woman, a service disabled veteran, or a historically underrepresented minority.
The Centralized Master Bidders List (CMBL) is: A list of vendors interested in doing
business with the state.
Best and Final Offers (BAFO) are: Revisions of proposals by vendors submitted after
discussions with the agency.
Contractor risk factors include the following? - Contractor's past performance.
- Turnover in key personnel.
- Dollar amount of the contract.
The following are essential terms of a contract: - Scope of work
- Price
- Abandonment or default
, A good contract administrator must be: Available for meetings.
The Vendor Performance Tracking System (VPTS): - Is required for use on projects
<$25k in scope.
- Tracks exceptional, satisfactory, and unsatisfactory behavior.
The three types of contract reports: - Status Reports
- Activity Reports
- Vendor Performance Reports
If the agency changes the scope of the contract after signing, this is known as:
Constructive Change
Is not an element of dispute resolution: A File Grievance
A contractor fails to deliver contracted goods on time due to a hurricane. This is called:
Excusable Non-Compensable Delay.
