NASCLA FINAL EXAM QUESTIONS 2024.

NASCLA FINAL EXAM QUESTIONS 2024. What policy bundles property and liability coverage together? - correct answer Business Owner Policy Which type of insurance provides coverage against claims exceeding the coverage provided by the standard general liability? - correct answer Umbrella liability insurance One accurate method of estimating in which you individually estimate units of materials and labor for each task is known as? - correct answer The Quantity Take-Off Method Who is responsible for purchasing permits? - correct answer Owner Using the square-foot method of estimating, the project cost is a calculation of the square footage of the project multiplied by a? - correct answer Unit Cost If the Owner is one day late on a progress payment to the contractor and the contractor ceases all work with no intent of returning to the job, the contractor has committed what type of breach? - correct answer Material Breach What project management tool is used to support the contractor's claim for project time extensions due to rain delays? - correct answer Daily job diary (Daily Reports/ daily logs) A conceptual estimate generally uses cost models from previous projects and prepared by? - correct answer The architect