Certified Texas Contract Manager Practice Exam

What is the required minimum retention period for contract documents executed after September 1, 2015?

1. 3 years

2. 5 years

3. 4 years

4. 7 years

The correct answer is: 4 years

The correct minimum retention period for contract documents executed after September 1, 2015, is indeed four years. This requirement aligns with laws and regulations that dictate the preservation of public records, ensuring that pertinent contract documents remain accessible for a reasonable amount of time. Contract managers and responsible parties must maintain these documents to provide accountability and transparency, as well as to facilitate audits or inspections if necessary. The other options either exceed or do not meet the statutory requirements governing the retention of contract documents in Texas. Maintaining documents for the correct duration is crucial for legal compliance and effective contract management practices.