AFSB 152 Bundled Exams with Complete Solutions...Grade A+

AFSB 152 - The Institutes Practice Exam Questions and Answers 100% Solved Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? · Heavy and highway construction · General Engin...

AFSB 152 Practice Exam Part A Questions and Answers 100% Solved The two main types of construction are heavy and highway construction and ️️The general building trades Dramatic increase in project size, taking work in new geographical areas, moving into new types of construction, and lack...

AFSB 152: Simulated Exam Questions and Answers 100% Solved Which one of the following is an advantage of the takeover option? ️️The obligee may forgive a delay or liquidated damages. The quality of the plans and specifications can greatly influence three tasks that can determine whether t...

AFSB 152 Exam Questions and Answers 100% Solved The tender preparation stage of estimating begins after... ️️the architect and owner solicit bids, when the contractors begin their estimating processes To find clarity on payment bond terms, you can... ️️consult the applicable and relati...

AFSB 152 EXAM (Chapters 1 - 10) Questions and Answers 100% Solved How a typical design process works: ️️1. The design professional interviews the client and measures current and future needs 2. The design professional reviews existing facilities for potential renovation and for their abilit...

AFSB 152 Exam Questions and Answers 100% Solved Surety bond ️️A written contract that expresses one party's promise to answer for another party's failure to do something as promised. Surety ️️The party(usually an insurer) to a surety bond that guarantees to the obligee that the pri...

AFSB 152 Practice Exam with Complete Solutions 100% Verified A. Because the next highest bid ($1 million) is 25 percent more than the low bid ($800,000), which is greater than a 10 percent difference, the bond underwriter would carefully investigate the differences and may not issue the perfo...

AFSB 152 Exam Questions and Answers 100% Solved What does the premium to surplus ratio indicate? ️️o Can show how much the capacity has to withstand underwriting miscalculations o More premiums written, the higher the ratio, and more cause for concern o Underwriting/investment losses caus...

AFSB 152- Study Guide Questions and Answers 100% Solved Chapter 1 starts here! Chapter 1 starts here! Surety bond ️️A written contract that expresses one party's promise to answer for another party's failure to do something as promised. Surety ️️The party (usually an insurer) to a s...