CERTIFIED TEXAS CONTRACT MANAGER TEST
BANK 2026 EXAM QUESTIONS ACCURATE ACTUAL
EXAM / FREQUENTLY TESTED QUESTIONS WITH
DETAILED ANSWERS | GUARANTEED PASS
|ALREADY GRADED A+ | BRAND NEW!!
Termination for Cause - ....ANSWER...Occurs when the
agency concludes that the contractor fails to perform,
makeprogress, or in any way breaches contract.
Contract Close-Out - ....ANSWER...Verify that both
parties to the contract have fulfilled their contractual
obligations.
Vendor Performance Reporting - ....ANSWER...Must be
reported for contracts valued at $25,000 or more which
,are completed or otherwise terminated.
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.
Renewal - ....ANSWER...Contractual parties have the
option to renew the contract for another term.
Force Majeure - ....ANSWER...Failure to perform due to
excusable causes such as acts of god, conditions outside
the control of the contractor.
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.
Vendor Responsbilities - ....ANSWER...goods and
services provided by the vendor
Vendor Constraints - ....ANSWER...conditions that may
limit how work is performed or how products are delivered
,Deliverables - ....ANSWER...outputs or products of the
contract, evidence of performance
Milestone - ....ANSWER...scheduled event associated with
a deliverable; a tool to measure progress (payment
schedule tied to action)
, Performance Acceptance Criteria -
....ANSWER...minimum acceptable standards
(compliances actions, codes, etc.)
Report Score - ....ANSWER...The score an agency
assignsfor one particular report.
Vendor Score - ....ANSWER...The score calculated by
averaging all a vendors report scores.
Record Retention Period(Executed before September 1,
2015) -
....ANSWER...Contract documents are required to be kept
, for a period of AC+7 years. (After Close of contract +7
BANK 2026 EXAM QUESTIONS ACCURATE ACTUAL
EXAM / FREQUENTLY TESTED QUESTIONS WITH
DETAILED ANSWERS | GUARANTEED PASS
|ALREADY GRADED A+ | BRAND NEW!!
Termination for Cause - ....ANSWER...Occurs when the
agency concludes that the contractor fails to perform,
makeprogress, or in any way breaches contract.
Contract Close-Out - ....ANSWER...Verify that both
parties to the contract have fulfilled their contractual
obligations.
Vendor Performance Reporting - ....ANSWER...Must be
reported for contracts valued at $25,000 or more which
,are completed or otherwise terminated.
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.
Renewal - ....ANSWER...Contractual parties have the
option to renew the contract for another term.
Force Majeure - ....ANSWER...Failure to perform due to
excusable causes such as acts of god, conditions outside
the control of the contractor.
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.
Vendor Responsbilities - ....ANSWER...goods and
services provided by the vendor
Vendor Constraints - ....ANSWER...conditions that may
limit how work is performed or how products are delivered
,Deliverables - ....ANSWER...outputs or products of the
contract, evidence of performance
Milestone - ....ANSWER...scheduled event associated with
a deliverable; a tool to measure progress (payment
schedule tied to action)
, Performance Acceptance Criteria -
....ANSWER...minimum acceptable standards
(compliances actions, codes, etc.)
Report Score - ....ANSWER...The score an agency
assignsfor one particular report.
Vendor Score - ....ANSWER...The score calculated by
averaging all a vendors report scores.
Record Retention Period(Executed before September 1,
2015) -
....ANSWER...Contract documents are required to be kept
, for a period of AC+7 years. (After Close of contract +7
