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CERTIFIED COMMERCIAL CONTRACT MANAGER FINAL PAPER EXAM QUESTIONS ACCURATE ANSWERS FULL SOLUTION.pdf

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CERTIFIED COMMERCIAL CONTRACT MANAGER FINAL PAPER EXAM QUESTIONS ACCURATE ANSWERS FULL SOLUTION.pdf

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CERTIFIED COMMERCIAL CONTRACT MANAGER FINAL PAPER EXAM QUESTIONS
ACCURATE ANSWERS FULL SOLUTION
Certified Commercial Contract Manager
Certification Examination Questions and Answers
Verified Solutions Latest Update 2026/2027

Question:
Price Adjustments.

Answer:
Allowed if the contract indicates a set maximum amount the contractor can increase the price must
be established.



Question:
Extensions.

Answer:
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.



Question:
Renewal.

Answer:
Contractual parties have the option to renew the contract for another term.



Question:
Force Majeure.

Answer:
Failure to perform due to excusable causes such as acts of god, conditions outside the control of the
contractor.

,Question:
Termination for Convenience.

Answer:
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.



Question:
Termination for Cause.

Answer:
Occurs when the agency concludes that the contractor fails to perform, make progress, or in any way
breaches contract.



Question:
Contract Close-Out.

Answer:
Verify that both parties to the contract have fulfilled their contractual obligations.



Question:
Vendor Performance Reporting.

Answer:
Must be reported for contracts valued at $25,000 or more which are completed or otherwise
terminated.



Question:
A.

Answer:

, 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.



Question:
B.

Answer:
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.



Question:
C.

Answer:
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.



Question:
D.

Answer:
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.



Question:
F.

Answer:
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 would be cause for debarment such as fraud

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