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CTCM Certification Exam Latest Update 2026- 2026 300+ Questions and Verified Correct Answers Guaranteed A+
$5k to $25k = __________ bidding - CORRECT ANSWER: Informal
A contract with an initial value of $4 million, with three (3) optional, annual renewals of
the same amount. What is the contract value? Include formula for the answer. -
CORRECT ANSWER: Initial + Renewals
(4) + (4+4+4)
= $16 Million
A contract with an initial value of $200,000, with two (2) optional, annual renewals of
the same amount. What is the contract value? Include the formula in your response. -
CORRECT ANSWER: Initial + Renewals
(200,000) +(200,000+200,000)
= $600,000
A debarment check is done by checking the ____ database to establish that the vendor
is not debarred by the Texas Comptroller of public accounts - CORRECT ANSWER:
CMBL
A definitions section is important in an RFP to __________.
A. Clarify the meaning of words if used differently than their normal meaning
B. Spell out acronyms that are used throughout the solicitation
C. Define any technical terms or industry specific language
D. All of the above - CORRECT ANSWER: D. All of the above
A Direct Publication Purchase consists of all of the following except:
A. Commodity or services only available from the Publisher
B. Back issues of magazines, journals, and newspapers
C. Subscription services for magazines, journals, and newspapers
D. Computer software and software maintenance
E. Hard and electronic Publications produced by professional societies - CORRECT
ANSWER: D. Computer software and software maintenance
Reason: Computer software yes, but maintenance no. Hardware and IT may not be
purchased as a direct publication.
A material change in a proposed contract constitutes a counteroffer, which must be
agreed to by the other party for there to be a finding contract between the parties. Also
referred to as a "meeting of the minds". This is the description of which element of a
contract.
A. Legal Purpose
B. Consideration
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