Afsb 152 simulated exam - Study guides, Class notes & Summaries

The tender preparation stage of estimating begins after... - CORRECT ANSWER the architect and owner solicit bids, when the contractors begin their estimating processes To find clarity on payment bond terms, you can... - CORRECT ANSWER consult the applicable and relatively stable case law that does define the terms A surety needs additional information, such as _____________, to adequately evaluate the work-backlog risk of granting this bond - CORRECT ANSWER the contractor's overall capaci...

AFSB 152: Simulated Exam Questions With 100% Correct Answers 2023

Which one of the following is an advantage of the takeover option? - Answer-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 the contractor can successfully perform the work. The three tasks are... - Answer-Estimating, planning, and managing the work to be performed. Eastown Contracting's balance sheet shows $100,000 in cash, $300,000 in accounts receivable, $50,000 in equipment,...

Which one of the following is an advantage of the takeover option? - correct answer 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 the contractor can successfully perform the work. The three tasks are... - correct answer Estimating, planning, and managing the work to be performed. Eastown Contracting's balance sheet shows $100,000 in cash, $300,000 in accounts receivable, $50,0...

Which one of the following is an advantage of the takeover option? correct answersThe obligee may forgive a delay or liquidated damages. The quality of the plans and specifications can greatly influence three tasks that can determine whether the contractor can successfully perform the work. The three tasks are... correct answersEstimating, planning, and managing the work to be performed. Eastown Contracting's balance sheet shows $100,000 in cash, $300,000 in accounts receivable, $50,000 i...