CM 3111 Exam 1 Questions and Answers 100% Solved | Graded A+
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Course
CM 3111
Institution
CM 3111
CM 3111 Exam 1 Questions and Answers
100% Solved | Graded A+
contract documents - 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 t...
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 - ✔✔The ______ are written instructions
concerning project requirements that describe the quality of materials to be
used and their performance.
working drawings - ✔✔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 - ✔✔What is a
type of insurance that a contractor should maintain?
retainage - ✔✔A percent of the payments from the owner to the contractor
that is withheld for the projection of the owner and suppliers.
separate contracts - ✔✔In this contracting scheme, the owner or their
agents provide the coordination between the contractors. Also, the owner
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