CTCM Exam Prep Material Newest 2025/2026
Complete 200 Questions And Correct Detailed
Answers (Verified Answers)|Brand New Version!
Contract Value - CORRECT ANSWER=the initial value of the contract, plus any
amendments, renewals and extensions for the contract's full existence.
How long must records be retained? - CORRECT ANSWER=All documents must
be maintained in electronic form after close of contract plus 7 years.
What is the CMBL? - CORRECT ANSWER=Centralized Master Bidders List
What are the CMBL Requirements? - CORRECT ANSWER=Over $10,000 to
$25,000 = must solicit 3 active vendors on CMBL (2 HUB). Over $25,000 = must
solicit all eligible vendors on the list that serves the geographic region. A copy of
the bid list with date must be placed in procurement file.
$$$ Requirements < $10k - CORRECT ANSWER=Spot purchase. Can't break up
purchase into two parts to keep both in here.
$$$ Requirements $10K to $25K - CORRECT ANSWER=CMBL - 3 active
vendors, 2 must be HUB
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$$$ Requirements $25k + - CORRECT ANSWER=CMBL all vendors, ESBD
notice of solicitation and award, VPTS 30 day, contract completion and terminate
$$$ Requirements $50K + - CORRECT ANSWER=OMR - Goods solicitation -
letter of delegated purchasing authority,
$$$ Requirements $100K + - CORRECT ANSWER=POD - Services Solicitation -
letter of delegated purchasing authority, HUB HSP Subcontractor
$$$ Requirements $1 million + - CORRECT ANSWER=Form 1295 from vendor
and SAO/Nepotism forms from agency/contract developer/manager
$$$ Requirements $5 million + - CORRECT ANSWER=CAT - Goods and
services. No letter of delegation. VPTS annually and at each milestone.
$$$ Requirements $10 million + - CORRECT ANSWER=QAT - MIRPS
What types of contracts do Statewide Contract Management Team manage? -
CORRECT ANSWER=They manage term, managed and TXMAS Contracts.
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A contract with an initial value of $2 million, with three (3) optional, annual
renewals of the same amount. What is the contract value? - CORRECT
ANSWER=8 Million
SPD - CORRECT ANSWER=entity that delegates purchasing authority to state
agencies for non-IT goods and services.
Purchasing Authority - CORRECT ANSWER=ability of an agency to purchase
goods and services using state funds
Delegation of Purchasing Authority - CORRECT ANSWER=Assigning
purchasing authority to an agency.
Statewide Contract Development Team - CORRECT ANSWER=Develops and
administers over 250 statewide contracts representing several thousand-line items
of products/services
Develops Term, Managed, and TXMAS contracts
Processes open market requisitions on behalf of state agencies, universities, and
more than 1,600+ Texas SmartBuy members
Statewide Contract Management Team assists with - CORRECT ANSWER=Day
to day contract management
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Managing Term, Managed and TXMAS Contracts
Contract administration
Reporting requirements
Vendor performance issues
Office of Vehicle & Fleet Management - CORRECT ANSWER=Assists state
agencies in managing their vehicle fleet
StatewideTravelManagementProgram: - CORRECT ANSWER=Manages travel
expenditures, monitors travel activity, and provides discounted travel services
Statewide Mail Operations: - CORRECT ANSWER=Processes approximately 14-
17K pieces of mail per day
Historically Underutilized Business Program (HUB) - CORRECT
ANSWER=Provides opportunities to disadvantaged groups in an effort to remedy
disparity in state procurement contracting.
Women owned
Minority Owned
Service Disabled Businesses