10/7/2024 11:03AM
CE Exam 2024 Questions With Correct
Answers
When making interpretations, the Architect will not show partiality to ______. - answer✔either
the owner or the contractor (be unbiased.)
Name a few items the contractor should submit to the owner, through the architect, during the
pre-construction phase of a design-bid-build project? - answer✔Certificate of req insurance,
schedule of values, list of proposed subcontractors...
CMc is the same as: - answer✔CM @ Risk (The CM uses available documentation to create a
Guaranteed Maximum Price, or GMP)
Define an "Addendum" - answer✔a modification to the contract documents issued for
bid/negotiation. Addenda can be issued any time before the owner-contractor agreement is
executed, but are typically issued until some predetermined time before the bid opening.
Define an "Allowance" - answer✔An amount of money, or quantity of materials identified by
bidders for work that is not completely defined in the procurement documents,
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Define a "Bid Alternate" - answer✔A portion of the work definted in the procurement documents
for which separate pricing is to be identified in bidder's proposals. Alternates can be adds or
deducts.
Define "Base Bid". - answer✔the construction cost proposed by a contractor for the full scope of
the work (without any alternates).
Define a "Payment Bond". - answer✔An amount of money guaranteeing that the contractor will
pay subcontractors, vendors, and suppliers for their work.
What is another name for a Payment Bond? - answer✔A "Labor and Materials" Bond.
What do Payment Bonds protect Owners from? - answer✔Payment Bonds protect Owners from
potential mechanic's liens and construction delays.
What is a Mechanic's Lien? - answer✔An encumbrance on a property in order to secure payment
for the performance of labor, or the furnishing of materials.
What is an Encumbrance? - answer✔An encumbrance is a claim against a property by a party
that is not the owner.
What is a "Performance Bond"? - answer✔A guarantee by a separate entity which ensures that,
should the contractor default during construction, there are sufficient funds to complete the
project.
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What is a privately funded project? - answer✔A project in which none of the funding is provided
by a public agency.
What is the Project Delivery Method? - answer✔The manner in which the owner contracts for
design and construction services.
What is a Publicly Funded Project? - answer✔A project where a portion of the funding is
provided by a public entity, such as federal, state, or local government.
What is Qualifications-Based Selection (QBS)? - answer✔QBS is when the owner selects a
contractor solely on the basis of the contractor's qualifications.
What makes a bidder "Responsible"? - answer✔They demonstrate financial capacity to perform
the work.
What makes a bid "Responsive"? - answer✔The bid satisfactorily completes all bidding
requirements, including all elements of the bid form.
What is a "Value-Based Selection" (VBS)? - answer✔VBS is when the owner selects a
contractor based on the weighted values of multiple criteria, including construction cost or fee
and proposed schedule,a s well as qualifications-based criteria such as past experience on similar
projects and proposed personnel.
What is the "Spearin Gap"? - answer✔The difference between defect-free documents and the
professional standard of care.
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The cost of document defects that fall within the professional standard of care are borne by the
________________. - answer✔Owner
Which bidder is selected to do the work in a Design-Bid-Build project delivery? - answer✔The
responsible bidder with the lowest responsive bid.
With the Design-Bid-Build project delivery method, the __________ carries all the Spearin Gap
risk. - answer✔Owner.
True or False: It is often possible for an owner to pre-qualify contractors before the bidding
process. - answer✔True
What is Multiple Prime contractors (MP)? - answer✔A variation of the Design-Bid-Build
method in which more than one prime contractor is selected through competitive bidding. For
MP, separate bid packages are prepared for the different contractors.
What are 3 reasons that an Owner would select Multiple Prime contractors (MP)? - answer✔1.
Some states require publicly funded projects to have multiple prime contractors.
2. If schedule is an important factor for a publicly funded project that must be competitively bid,
MP may accelerate the schedule.
3. Some owners have the capacity to manage the work of multiple contractors.
Which contract is used for Multiple Prime contractors (MP)? - answer✔AIA A101, the same as
in DBB.