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CTCM Certified Texas Contract Manager VIP Practice Exam II

CTCM โ€” The Certified Texas Contract Manager (CTCM) credential is issued by the Texas Comptroller of Public Accounts, Statewide Procurement Division (SPD), and is required for state agency contract managers under Texas Government Code ยง2262.053; the exam covers Texas procurement law, contract formation, administration, ethics, and performance management.

28
Questions
150m
Time Limit
70.00%
To Pass
Question 1 of 28๐Ÿ‘‘ VIP

A Texas state agency contract manager discovers that a vendor's invoices for the past three months reference line-item unit prices that are 12% higher than those listed in the executed contract. The vendor claims the discrepancy is due to a 'price escalation clause,' but the contract manager cannot locate any such clause in the contract document. Under Texas contract management standards, what is the MOST appropriate immediate action?

Questions 2โ€“28 and full explanations are VIP-exclusive.