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CM 4210 Construction Contracting for Donald Schneider Quiz # 3 complete Q and A 2024 Louisiana State University R214,33   Add to cart

Exam (elaborations)

CM 4210 Construction Contracting for Donald Schneider Quiz # 3 complete Q and A 2024 Louisiana State University

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  • Course
  • CM 4210 Construction Contracting
  • Institution
  • CM 4210 Construction Contracting

CM 4210 Construction Contracting for Donald Schneider Quiz # 3 complete Q and A 2024 Louisiana State University

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  • June 15, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Unknown
  • CM 4210 Construction Contracting
  • CM 4210 Construction Contracting
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Question 1
Correct
1.00 points out
of 1.00Which of the following statements is true?
Select one:
a.The Agreement is used to formalize the contract.
b.All of above
c.In a Base-Bid Material Specification a contractor may offer alternate materials.
d.An accurate estimate is needed for negotiated bidding.
Your answer is correct.
The correct answer is: All of above
Question 2
Correct
1.00 points out
of 1.00Which of the following statements is NOT true?
Select one:
a.Pre-qualification determines which contractors will be allowed to bid.
b.Approximate price estimates are often based on gross unit costs.
c.A lump-sum estimate is applicable when quantities of work items may not be precisely determinable but the nature of the work is well defined.
d.“Set asides” are portions of a project reserved for Disadvantaged Business Enterprises.
Your answer is correct.
The correct answer is: A lump-sum estimate is applicable when quantities of work items may not be precisely determinable but the nature of the work is well defined.CM 4210 Construction Contracting for Donald Schneider Quiz # 3 complete Q and A 2024
Louisiana State University Points 19.00/20.00
Grade 95.00 out of 100.00

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