CM 3111 EXAM 1 QUESTIONS AND
ANSWERS 100% PASS 2026 EDITION
Contract documents - ANS 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 - ANS The ______ includes determination of the quantities and costs of
everything required to complete the project. This includes the materials, labor, equipment,
insurance, bonds, and overhead, as well as an estimate of profit.
cooperative bidding - ANS ______ 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 - ANS ______ 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 - ANS The ______ are written instructions concerning project
requirements that describe the quality of materials to be used and their performance.
@COPYRIGHT 2026 ALLRIGHTS RESERVED 1
, working drawings - ANS 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 - ANS What is a type of insurance
that a contractor should maintain?
retainage - ANS A percent of the payments from the owner to the contractor that is withheld
for the projection of the owner and suppliers.
separate contracts - ANS In this contracting scheme, the owner or their agents provide the
coordination between the contractors. Also, the owner signs separate agreements for the
construction of various portions of the project.
single contract - ANS A ______ comprises all of the work required for the completion of a
project and is the responsibility of a single prime contractor.
Many architect/engineer offices send copies to all parties who have plans - ANS Why is it
important that the estimator be certain that all addenda have been received before submitting
a bid?
Alternates - ANS ______ should be prepared carefully and thoroughly because they are often
used as part of the price used to determine who will be awarded the contract. In addition, if
selected by the owner they because part of the contract documents.
bid forms, general conditions of the project, form of bid bond - ANS What type of
information is found in the project manual?
type of materials required - ANS What information is contained in the specifications
(technical specifications) of the project manual?
@COPYRIGHT 2026 ALLRIGHTS RESERVED 2
ANSWERS 100% PASS 2026 EDITION
Contract documents - ANS 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 - ANS The ______ includes determination of the quantities and costs of
everything required to complete the project. This includes the materials, labor, equipment,
insurance, bonds, and overhead, as well as an estimate of profit.
cooperative bidding - ANS ______ 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 - ANS ______ 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 - ANS The ______ are written instructions concerning project
requirements that describe the quality of materials to be used and their performance.
@COPYRIGHT 2026 ALLRIGHTS RESERVED 1
, working drawings - ANS 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 - ANS What is a type of insurance
that a contractor should maintain?
retainage - ANS A percent of the payments from the owner to the contractor that is withheld
for the projection of the owner and suppliers.
separate contracts - ANS In this contracting scheme, the owner or their agents provide the
coordination between the contractors. Also, the owner signs separate agreements for the
construction of various portions of the project.
single contract - ANS A ______ comprises all of the work required for the completion of a
project and is the responsibility of a single prime contractor.
Many architect/engineer offices send copies to all parties who have plans - ANS Why is it
important that the estimator be certain that all addenda have been received before submitting
a bid?
Alternates - ANS ______ should be prepared carefully and thoroughly because they are often
used as part of the price used to determine who will be awarded the contract. In addition, if
selected by the owner they because part of the contract documents.
bid forms, general conditions of the project, form of bid bond - ANS What type of
information is found in the project manual?
type of materials required - ANS What information is contained in the specifications
(technical specifications) of the project manual?
@COPYRIGHT 2026 ALLRIGHTS RESERVED 2
