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CM 3111 Exam 1 Questions And 100% Correct Answers
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CM 3111 Exam 1 Questions And 100%Correct Answers
contract documents - ANSWER The ______ consist(s) of the invitation to bid, instructions
to bidders, bid form, owner-contractor agreement, general conditions of the contract,
supplementary general conditions, technical specifications, and the working drawings
and form(s) the legal basis for the construction of the project.
detailed estimate ANSWER The ______ includes the determination of quantities and
costs of everything that will be required to complete the project. This includes
materials, labor, equipment, insurance, bonds, and overhead, and an estimate of profit.
cooperative bidding - ANSWER ______ involves the contractor working with the owner
(or through the owner's architect-engineer) to arrive at a mutually acceptable price for
the construction of the project. It often involves negotiations back and forth on materials
used, sizes, finishes, and other items which affect the price of the project.
square-foot - ANSWER ______ estimates are prepared by multiplying the square footage
of a building by a cost per square foot and then adjusting the price to compensate for
differences in the building heights, length of the building perimeter, and other building
components. These estimates require less information to prepare and are less
accurate.
technical specifications-ANSWER The ______ are written instructions concerning project
requirements that describe the quality of materials to be used and their performance.
working drawings-ANSWER The ______ are the actual plans from which the project will
be constructed. The contain the dimension and location of building elements, the
materials required, and delineate how they fit together.
Builder's Risk Insurance, Life Insurance, Property Insurance - ANSWER What type of
insurance should a contractor maintain?
,retainage - ANSWER A percent of the payments from the owner to the contractor that is
withheld for the projection of the owner and suppliers.
separate contracts - ANSWER Under this contracting scheme, coordination between
the contractors is supplied by the owner or their agents. In addition, the owner carries
out separate contracts for the execution of various parts of the work.
single contract - ANSWER A ______ encompasses all of the work to be done on a project
and is carried out by only one prime contractor.
Many architect/engineer offices send copies to all parties having plans. ANSWER
Because it may be very important that the estimator be certain all addenda have been
received prior to the submission of a bid.
Alternates - ANSWER ______ should be prepared with care and in detail as they are
many times used as a part of the price to establish who will receive the contract. Also, if
chosen by the owner they become a part of the contract documents.
bids forms, general conditions of the project, form of bid bond - ANSWER What kind of
information would be contained in a project manual?
type of materials needed to complete it - ANSWER What does the project manual
specifications technical specifications include?
ebench-mark potential of securing the project, available cash resources to construct
the project, job size and job type - ANSWER Why might a contractor want NOT to bid a
specific project?
subcontractor - ANSWER A(n) ______ is a separate contractor hired by the prime
contractor to perform certain portions of the work on a project.
banking facilities in the area, subsurface soil conditions, availability of utilities -
ANSWER One of the requirements of most contract documents is that the contractor
visits the site. What should be checked when visiting?
, Contingencies - ANSWER ______ are amounts of money put into a bid to cover any items
that might have been left out, overlooked or to cover unforeseen circumstances. The
primary disadvantage to such a practice is that it tends to encourage less accuracy in
the bidding process.job
job - ANSWER ______ overhead is the administrative costs directly associated with the
execution of a specific project.
payroll taxes, retirement contributions, general liability insurance - ANSWER what
should some of the costs be that are included in the labor burden?
labor hour - ANSWER what unit of time does it take to measure labor?
rate of progress - ANSWER when the work is done linearly such as paving or striping a
road, placing a concrete curb using slip-forming machine, or grading a road, you use
the ______ to estimate productivity.
all work shown except alternates - ANSWER The base bid, per the Bid Form, shall
include:
A/A G 702 - ANSWER Continuation sheet:
false - ANSWER T/F very hot and very cold conditions have a tendency to motivate
workers to work a little faster.
true -ANSWER T/F Whereas the labor hour measures the amount of work one worker
does in an hour, most work is done by crews, or groups of workers. This allows the
estimator to price how much work and equipment it will require to do a certain amount
of work. It may be based on work per hour or on the amount of time it would take to do a
certain amount of work.
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