CTCM Exam – Questions With Clarified Solutions
Statement of Work Correct Answer - Al legal, external facing document
that describes what needs to be done. Provides a comprehensive outline of
deliverables, requirements, goals, schedules and costs.
Scope of Work Correct Answer - A subsection of the statement of work
that describes HOW goals will be accomplished. Provides detailed
deliverables, timelines, milestones and report requirements. May be used by
external and internal stakeholders.
Assignment Correct Answer - Transfer of contractual rights from one
party to another party.
Best Interests of the State Correct Answer - Most advantageous to the
State in light of all relevant circumstances.
Centralized Master Bidders List (CMBL) Correct Answer - An online
directory, maintained by SPD, containing contact information and product
categories of vendors registered to receive procurement opportunities from
public entities.
Closing Date/Opening Date Correct Answer - The date and time that
offers or proposals are due in response to a solicitation. *Terms used
interchangeably.
Commodity Correct Answer - Supplies, materials, or equipment.
Competitive Sealed Bidding Correct Answer - Process of advertising an
IFB, the evaluation of the submitted bids, and awarding of the contract in
accordance with state law.
Competitive Sealed Proposals Correct Answer - Process of advertising an
RFP, the evaluation of sealed proposals, and awarding of the contract in
accordance with state law.
Delegated Purchase Correct Answer - A purchase made by the agency
under the authority of the SPD and subject to SPD rules and procedures.
, Electronic State Business Daily (ESBD) Correct Answer - An online
application, administered by SPD, that publishes solicitations for the purpose
of informing vendors of procurement opportunities and provides public
notice of contract awards.
Goods Correct Answer - Supplies, materials, or equipment.
Historically Underutilized Business (HUB) Correct Answer - A business
as defined by Chapter 2161 of the Texas Government Code and 34 TAC
Section 20.282.
Generally, a Texas based business that is 51% or greater owned by women,
Black Americans, Hispanic Americans, Asian Pacific Americans, Native
Americans, and/or veterans.
Informal Solicitation Correct Answer - An unsealed competitive
solicitation used to obtain offers to be submitted verbally or in writing for
purchases with a value of $25,000 or less.
Inspection Correct Answer - Examination and/or testing of merchandise
to determine whether it has been received in the proper quantity and
condition and to verify that it conforms to the applicable specifications.
Invitation for Bids (IFB) Correct Answer - A written solicitation
requesting the submission of bids.
Inspection Report Correct Answer - A report made as a result of the
agency's inspection, informing the buyer of a product's compliance with
advertised specifications.
Invoice Correct Answer - Document from a contractor requesting
payment for goods delivered and/or services rendered.
Interagency Contract Correct Answer - Written understanding between
two or more agencies as authorized by Chapter 771 of the Texas Government
Code.
Interlocal Contract Correct Answer - Written understanding between
local government entities, a local government entity and federally recognized
Statement of Work Correct Answer - Al legal, external facing document
that describes what needs to be done. Provides a comprehensive outline of
deliverables, requirements, goals, schedules and costs.
Scope of Work Correct Answer - A subsection of the statement of work
that describes HOW goals will be accomplished. Provides detailed
deliverables, timelines, milestones and report requirements. May be used by
external and internal stakeholders.
Assignment Correct Answer - Transfer of contractual rights from one
party to another party.
Best Interests of the State Correct Answer - Most advantageous to the
State in light of all relevant circumstances.
Centralized Master Bidders List (CMBL) Correct Answer - An online
directory, maintained by SPD, containing contact information and product
categories of vendors registered to receive procurement opportunities from
public entities.
Closing Date/Opening Date Correct Answer - The date and time that
offers or proposals are due in response to a solicitation. *Terms used
interchangeably.
Commodity Correct Answer - Supplies, materials, or equipment.
Competitive Sealed Bidding Correct Answer - Process of advertising an
IFB, the evaluation of the submitted bids, and awarding of the contract in
accordance with state law.
Competitive Sealed Proposals Correct Answer - Process of advertising an
RFP, the evaluation of sealed proposals, and awarding of the contract in
accordance with state law.
Delegated Purchase Correct Answer - A purchase made by the agency
under the authority of the SPD and subject to SPD rules and procedures.
, Electronic State Business Daily (ESBD) Correct Answer - An online
application, administered by SPD, that publishes solicitations for the purpose
of informing vendors of procurement opportunities and provides public
notice of contract awards.
Goods Correct Answer - Supplies, materials, or equipment.
Historically Underutilized Business (HUB) Correct Answer - A business
as defined by Chapter 2161 of the Texas Government Code and 34 TAC
Section 20.282.
Generally, a Texas based business that is 51% or greater owned by women,
Black Americans, Hispanic Americans, Asian Pacific Americans, Native
Americans, and/or veterans.
Informal Solicitation Correct Answer - An unsealed competitive
solicitation used to obtain offers to be submitted verbally or in writing for
purchases with a value of $25,000 or less.
Inspection Correct Answer - Examination and/or testing of merchandise
to determine whether it has been received in the proper quantity and
condition and to verify that it conforms to the applicable specifications.
Invitation for Bids (IFB) Correct Answer - A written solicitation
requesting the submission of bids.
Inspection Report Correct Answer - A report made as a result of the
agency's inspection, informing the buyer of a product's compliance with
advertised specifications.
Invoice Correct Answer - Document from a contractor requesting
payment for goods delivered and/or services rendered.
Interagency Contract Correct Answer - Written understanding between
two or more agencies as authorized by Chapter 771 of the Texas Government
Code.
Interlocal Contract Correct Answer - Written understanding between
local government entities, a local government entity and federally recognized
