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TEXAS CONTRACT MANAGER STUDY EXAM GUIDE 2026/2027 QUESTIONS AND SOLUTIONS RATED A+

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TEXAS CONTRACT MANAGER STUDY EXAM GUIDE 2026/2027 QUESTIONS AND SOLUTIONS RATED A+

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TEXAS CONTRACT MANAGER EXAM 2026/2027
QUESTIONS AND SOLUTIONS RATED A+
✔✔Risk Assessment Tools - ✔✔Identify the risk associated with a contract. These
consist of Contract Level Risk Assessment (CLRA) and Deliveralbe Level Risk
Assessment (DLRA).

✔✔Deliverable Level Risk Assessment (DLRA) - ✔✔Specific to a contract. Monitoring
reference tool that tracks deliverables due to be received from the contractor.

✔✔Schedule Risk - ✔✔Time or timeline related

✔✔Financial Risk - ✔✔Cost or value related

✔✔Performance Risk - ✔✔Service related

✔✔Monitoring - ✔✔Necessary to adequately check the progress, document trends, and
ensure both parties are meeting the terms and conditions of the contract with service or
commodity that is provided.

✔✔Site Visits - ✔✔Monitoring method used to check the progress of deliverables and to
verify actual performance. Used to check the progress of deliverables.

✔✔Inspection and Acceptance - ✔✔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 - ✔✔Cost included under a contract that is not specific to the project.

✔✔Withhold Payment - ✔✔Instances such as breach of contract, invoice errors, vendor
noncompliance, performance issues, undocumented cost, need to remedy over
payments with vendor.

✔✔Dispute Resolution - ✔✔Corrective action plan that resolves all problems before
escalation.

✔✔Amendments - ✔✔Must be in writing and signed by both parties.

✔✔Change Orders - ✔✔Agencies must have a well-defined process for these. For
deliverable schedule, processes should be in place to extend the timeline or make up
time.

, ✔✔Price Adjustments - ✔✔Allowed if the contract indicates a set maximum amount the
contractor can increase the price must be established.

✔✔Extensions - ✔✔Extended term beyond the original solicitation renewal contract
terms. Allows time needed to complete the services of the contract. Contract is going to
expire and the new contract is not in place.

✔✔Renewal - ✔✔Contractual parties have the option to renew the contract for another
term.

✔✔Force Majeure - ✔✔Failure to perform due to excusable causes such as acts of god,
conditions outside the control of the contractor.

✔✔Termination for Convenience - ✔✔Also known as no-fault termination, allows the
agency to terminate any contract, in who or in part, at any time in its sole discretion.

✔✔Termination for Cause - ✔✔Occurs when the agency concludes that the contractor
fails to perform, make progress, or in any way breaches contract.

✔✔Contract Close-Out - ✔✔Verify that both parties to the contract have fulfilled their
contractual obligations.

✔✔Vendor Performance Reporting - ✔✔Must be reported for contracts valued at
$25,000 or more which are completed or otherwise terminated.

✔✔A - ✔✔Score that should be given to vendors who met best value criteria and fully
complied with the requirement of the contract with complete or substantial customer
satisfaction.

✔✔B - ✔✔Score that should be given to vendors who met best value criteria and fully
complied or promptly remedied any minor instance of noncompliance with the
requirements of the contract with substantial or adequate customer satisfaction.

✔✔C - ✔✔Score that should be given to vendors who met best value criteria and
substantially remedied a majority of the instances of non compliance with the
requirements of the contract with adequate customer satisfaction.

✔✔D - ✔✔Score that should be given to vendors who did not meet best value criteria
and was in substantial non compliance with the requirements of the contract and failed
to remedy a majority of those instances of non compliance.

✔✔F - ✔✔Score that should be given to vendors who did not meet best value criteria
and was in substantial non compliance with the requirement of the contract failed to
remedy a majority of those instances of non compliance and displayed conduct which

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