Ctcm exam 2024 Study guides, Class notes & Summaries
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CTCM Exam 2024 Questions and Answers 100% Verified
- Exam (elaborations) • 11 pages • 2024
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CTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% Verified 
contract value - ANSWER-Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence 
 
A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contract value? - ANSWER-4 + (4+4+4 renewals) = 16 million 
 
What is SPD? - ANSWER-State Procureme...
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CTCM Exam 2024 Questions and Answers 100% Verified
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CTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedCTCM Exam 2024 Questions and Answers 100% VerifiedVendor Communication consists of all of the following except. 
A. Avoids situations that could appear to show favoritism to a specific vendor 
B. is constant throughout the life of a contract 
C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
D. ...
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CTCM Exam 2024 Questions & Answers (Latest Update)
- Exam (elaborations) • 22 pages • 2024
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Vendor Communication consists of all of the following except. 
A. Avoids situations that could appear to show favoritism to a specific vendor 
B. is constant throughout the life of a contract 
C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
D. Is allowable and unallowable depending on the circumstance. - ANSWER-C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
 
The Statewide Procurement...
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CTCM Exam 2024 Questions and Answers (Graded A)
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CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable 
 
Statewide Procurement Division (SPD) - ANSWER-the central authority for state agencies for procurement guidance, education, statewide contract de...
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CTCM Exam 2024 Questions & Answers 100% Verified
- Exam (elaborations) • 22 pages • 2024
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Vendor Communication consists of all of the following except. 
A. Avoids situations that could appear to show favoritism to a specific vendor 
B. is constant throughout the life of a contract 
C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
D. Is allowable and unallowable depending on the circumstance. - ANSWER-C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
 
The Statewide Procurement...
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CTCM Exam 2023/2024 with 100% correct answers
- Exam (elaborations) • 29 pages • 2023
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Vendor Communication consists of all of the following except. 
A. Avoids situations that could appear to show favoritism to a specific vendor 
B. is constant throughout the life of a contract 
C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
D. Is allowable and unallowable depending on the circumstance. - correct answer C. Allows communication by the end user during solicitation as long as they communicate to all vendors 
 
The Statewide P...
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CTCM exam 2023/2024 with 100% correct answers
- Exam (elaborations) • 19 pages • 2023
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Procurement Roles - correct answer Purchasing, contract development and contract management 
 
Purchasing - correct answer Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NOT include development of solicitations or awards that must be posted to ESBD 
 
Contract Development - correct answer Processing of requisitions, need assessments, development of specs, development ...
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CTCM Exam 2024 Questions & Answers (RATED A+)
- Exam (elaborations) • 11 pages • 2024
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contract value - ANSWER-Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence 
 
A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contract value? - ANSWER-4 + (4+4+4 renewals) = 16 million 
 
What is SPD? - ANSWER-State Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services 
 
What is Purchasing authority? - ANSWER-The ability of an ...
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CTCM Exam 2024 Questions & Answers 100% Verified!!
- Exam (elaborations) • 11 pages • 2024
- Available in package deal
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- $11.99
- + learn more
contract value - ANSWER-Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence 
 
A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contract value? - ANSWER-4 + (4+4+4 renewals) = 16 million 
 
What is SPD? - ANSWER-State Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services 
 
What is Purchasing authority? - ANSWER-The ability of an ...
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CTCM exam 2023/2024 with 100% correct answers
- Exam (elaborations) • 11 pages • 2023
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- $15.49
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Procurement Method Determination - correct answer Step 2 of identifying the appropriate procurement method and if applicable issue a solicitation. 
 
Procurement Planning - correct answer Step 1 of defining the business need and establish the procurement objectives. 
 
Contract Management - correct answer 5th step of administer and enforce the terms of the contract. 
 
Contract formation and award - correct answer 4th step ensure that the awarded contract complies with applicable procure...
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