FINAL ESTIMATES LEVEL 2 | Complete Examination
Guide: Structured Questions, Model Answers, and
Practical Insights
On multi FIN project numbers under one contract, the Asphalt is reported on the
certification, by the CONTRACTOR, under what Project FIN Number? - answer-:
The Contractor shows the Asphalt on the lead FIN project number
On Lump Sum Project, A Superpave Asphalt Course item requires a Composite Pay
Factor (CPF) adjustment. What is the total dollar adjustment amount?
Lot 1 with 2000 Tons and a CPF of 0.99
Lot 2 with 4000 Tons and CPF of 0.99
Lot 3 with 4000 Tons and CPF of 1.00
Lot 4 with 4000 Tons and a CPF of 1.00 - answer-: $5425.20
Under the current Specifications for Lump Sum Projects, the Project Administrator
will approve and pay the Final Estimate? - answer-: False
Original Terrain line sections: - answer-: A)Represent the terrain prior to
Contruction
B) Are necessary to establish earthwork quantities
, C) Must be shown on cross sections.
ALL OF THE ABOVE
The plans show the designer calculations for Clearing & Grubbing with a total of
3.2 Acres to be cleared and grubbed. During the Construction, a plan error was
encountered which required the clearing and grubbing of an additional 800 SY.
This required an adjustment to the original Lump Sum Pay Item. Calculate the
adjusted Final Pay Quantity. The secondary unit is in Acres not SY. Note 1 Acre=
4840 SY:
Pay Item= Clearing and grubbing
Original Quantity = 1.0 Lump Sum - answer-: 3.2 Ac x 4840 SY= 15488 SY
15488 + 800 SY = 16288 SY
16288 SY/15488 SY = 1.052 Lump Sum
The Prime Contractor is required to certify previous payments for? - answer-: 1st
tier Subcontractors and Suppliers
Borrow Excavation is paid for as a? - answer-: Final Measurement
When should Liquidated Damages be reflected on a progress estimate? - answer-:
(**Begins after Contract time runs out up to the estimate cut off date. Liquidated
Damages are withheld monthly.)
ON SUBSEQUENT PROGRESS REPORTS
Final Measurements are to be documented on which of the following? - answer-:
A)Miscellaneous Forms
B)Field Books
Guide: Structured Questions, Model Answers, and
Practical Insights
On multi FIN project numbers under one contract, the Asphalt is reported on the
certification, by the CONTRACTOR, under what Project FIN Number? - answer-:
The Contractor shows the Asphalt on the lead FIN project number
On Lump Sum Project, A Superpave Asphalt Course item requires a Composite Pay
Factor (CPF) adjustment. What is the total dollar adjustment amount?
Lot 1 with 2000 Tons and a CPF of 0.99
Lot 2 with 4000 Tons and CPF of 0.99
Lot 3 with 4000 Tons and CPF of 1.00
Lot 4 with 4000 Tons and a CPF of 1.00 - answer-: $5425.20
Under the current Specifications for Lump Sum Projects, the Project Administrator
will approve and pay the Final Estimate? - answer-: False
Original Terrain line sections: - answer-: A)Represent the terrain prior to
Contruction
B) Are necessary to establish earthwork quantities
, C) Must be shown on cross sections.
ALL OF THE ABOVE
The plans show the designer calculations for Clearing & Grubbing with a total of
3.2 Acres to be cleared and grubbed. During the Construction, a plan error was
encountered which required the clearing and grubbing of an additional 800 SY.
This required an adjustment to the original Lump Sum Pay Item. Calculate the
adjusted Final Pay Quantity. The secondary unit is in Acres not SY. Note 1 Acre=
4840 SY:
Pay Item= Clearing and grubbing
Original Quantity = 1.0 Lump Sum - answer-: 3.2 Ac x 4840 SY= 15488 SY
15488 + 800 SY = 16288 SY
16288 SY/15488 SY = 1.052 Lump Sum
The Prime Contractor is required to certify previous payments for? - answer-: 1st
tier Subcontractors and Suppliers
Borrow Excavation is paid for as a? - answer-: Final Measurement
When should Liquidated Damages be reflected on a progress estimate? - answer-:
(**Begins after Contract time runs out up to the estimate cut off date. Liquidated
Damages are withheld monthly.)
ON SUBSEQUENT PROGRESS REPORTS
Final Measurements are to be documented on which of the following? - answer-:
A)Miscellaneous Forms
B)Field Books
