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CMT 443 Conceptual Est. || Questions and 100% Verified Answers.

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  • CMT 443 Conceptual Est.

True correct answers A contractor's estimating department is responsible for identifying the goals and objectives of the department. Pre-Solicitation Notice correct answers Agencies of the U.S. government use a standard form called the "____" to provide bid information. advertisements in news...

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  • March 15, 2024
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  • CMT 443 Conceptual Est.
  • CMT 443 Conceptual Est.
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CMT 443 Conceptual Est. || Questions and 100% Verified Answers.
True correct answers A contractor's estimating department is responsible for identifying the goals
and objectives of the department.
Pre-Solicitation Notice correct answers Agencies of the U.S. government use a standard form called the "____" to provide bid information.
advertisements in newspapers correct answers All of the following are considered primary sources of information for private bids EXCEPT:
prequalified correct answers A method of addressing the problem of bids from contractors of questionable capability is to call for bids from ____ contractors only.
query list correct answers A method of handling the problem of review questions is to compile a list of all the questions that arise, the ____, then later send a single e-mail to the prime consultant
to deal with all the items that have accumulated.
False correct answers An effective way to plan estimating operations is to use a simple line chart form of time schedule.
True correct answers Construction groups in major cities have formed associations or plan service centers where both public and private bodies may deposit plans and specifications of projects calling for bids.
False correct answers General clauses that have a significant impact on the cost of the work are often found in the "back end" of specifications in the review process.
True correct answers If an estimator does not know exactly what the computer is accomplishing in the preparation of an estimate, the estimator will not be in control of the process.
False correct answers In a closed bid system, the number of companies invited to bid is typically limited to no more than ten contractors who are known to the owner or designers and who meet the qualification criteria set by the owner.
False correct answers In closed bidding, there is little restriction on who can submit a bid on the work.
True correct answers Managing the estimating process includes keeping bid records, scheduling the estimator's time, and carefully reviewing bid documents when they are obtained.
False correct answers Many government agencies are reluctant to publish bid notices on the Internet. a day or two correct answers Most companies hold an estimate review usually ___________ before the bid is due to be submitted.
True correct answers On most projects general contractors request two complete sets of bid documents for estimating a project.
the amount of fee to include in the bid price correct answers Perhaps the most important item considered at the estimate review is ____.
closed bid correct answers Private owners often directly invite contractors to bid on their construction projects in a system known as a(n) ____ system.
addenda correct answers Significant details provided in response to questions about a bid will be incorporated into written directives that are distributed to all bidders in publications known as ____.
web pages of government agencies correct answers Which of the following is a primary source of information regarding bid calls for public works?
chief estimator correct answers While an experienced estimator will certainly know what to look for and assess when investigating the site, the presence of the ____ or a project superintendent on
the visit will always be valuable if only to offer alternative viewpoints in the evaluation of the data.
quantity takeoff correct answers A ____ is a process of measuring the work of a project in the form of a list of quantified work items measured in accordance with a uniform set of rules.
False correct answers A materials takeoff generally provides sufficient information for pricing.
True correct answers An estimate begins with a quantity takeoff.
assembly correct answers A(n) ____ is a component of the work that can be considered separately from the other parts of the work.
True correct answers A perimeter length is calculated from the figured dimensions that are provided on the plan of the structure.
True correct answers A single centerline value can be used many times over in takeoff calculations.
< > correct answers Deductions listed with the dimensions are written in red or enclosed in ____ and noted as deductions.
length, width, and depth correct answers Dimensions are entered onto the takeoff in this order: ____. whole correct answers Dimensions are rounded to the nearest ____ inch.
5.83 correct answers Dimensions are written in feet to two decimal places; thus 5'10" would be written into a dimension column as:
net in place correct answers In a quantity takeoff, measurements are made ____.
False correct answers Quantities of work are measured "net in place" in the takeoff process; this is the same as measuring quantities of materials.
True correct answers "Net in place" means that quantities are calculated using the dimensions shown on the drawings with no adjustments made for waste factors and suchlike.
False correct answers The estimator should note that quantities of materials are measured in the takeoff process.
perimeter = 2a + 2b; area = a x h correct answers The formulas for a parallelogram are ____.
recapping correct answers The process of ____ quantities onto a separate pricing sheet is adopted
because it makes the task of pricing an estimate far more efficient since all related items are gathered in a concise manner.
width correct answers There are five basic categories of units used in estimating. These categories include all of the following EXCEPT:
False correct answers There are four basic categories of units used in estimating: number, length,
area, and weight.
True correct answers There are two systems of measurement used in the North American construction industry: the traditional English units and metric units.
meters correct answers When using the metric system, record dimensions in ____ rounded to two
decimal places.
True correct answers "Bank measure" amounts are obtained by using the dimensions of the holes
excavated or filled with no adjustment made to the quantities obtained for swell or compaction of
materials.
Digitizers correct answers ____ are electronic devices that enable the user to take measurements from drawings and input the data directly into a computer program.
Square timber piles correct answers Bearing piles are classified as all of the following EXCEPT:
True correct answers Bearing piles are measured in linear feet or in linear meters.

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