AFSB 152 Complete Exam with all Correct & 100% Verified Answers |
Actual Complete Exam |Already Graded A+
1. Clark Construction was hired as the
Each subcontractor for
general contractor for a large
completing its part of the
residential housing de-velopment. The
project.
general contractor must coor-dinate the
work of
2. The party that directly benefits from
Project owner.
the addi-tional security of knowing
that the contractor has satisfied the
surety's comprehensive pre-qualification
review is the
Commercial, industrial,
3. Hadley Construction operates as a
residential, and public work.
general building contractor. General
building contrac-tors engage in general
building construction, which can be
broken down into
4. Which one of the following describes what hap- The project owner must
pay addi-
pens if there are gaps or omissions in the tional money to the contractor in the
con-struction plans and specifications form of change orders during
when they are offered in the competitive the course of construction.
bid process, and they are discovered
after the construction be-gins?
5. The practice in which a contractor bills the pro- Front-loading.
ject owner more than its cost for items
that occur in the early phases of the
contract and then bills correspondingly
less for items that occur in later phases
is called
, AFSB 152 Complete Exam with all Correct & 100% Verified Answers |
Actual Complete Exam |Already Graded A+
6. An assurance that results from the The significant financial
perfor-mance bond guarantee and assurance, beyond the
benefits the con-struction-project contractor's financial re-sources,
owner is that the contractor will fulfill all
contract terms.
, AFSB 152 Complete Exam with all Correct & 100% Verified Answers |
Actual Complete Exam |Already Graded A+
7. In construction contracts, the Ensures that work is completed
critical path method in a logical sequence and that
the pro-ject is completed
within the time budget
specified in the contract
terms.
8. Ridge Construction constructs locks and dams, General engineering
contractor.
power plants, large bridges, sewage and
water treatment plants, utilities, and
similar projects. Ridge Construction is a
9. To prevent problems when contracting Recruit local help or acquire a
work outside of the contractor's usual joint-venture partner to facilitate
geographic area, the contractor may the project.
need to
10. Payments to the general contractor are usually Each month, after the
architect re-
made 13. The increased
availability of
better financing
11. One can find the responsibilities of all or terms than
parties to a construction project in would otherwise
which one of the following have been re-
documents? ceived in the
absence of a
12. Which one of the following statements
surety bond is a
is cor-rect regarding design/build
benefit to the
contractors?
, AFSB 152 Complete Exam with all Correct & 100% Verified Answers |
Actual Complete Exam |Already Graded A+
ews and certifies the requests for payment.
e construction contract
design/build contractor assumes much greater responsibility than
traditional contractors.
oject owner.
Actual Complete Exam |Already Graded A+
1. Clark Construction was hired as the
Each subcontractor for
general contractor for a large
completing its part of the
residential housing de-velopment. The
project.
general contractor must coor-dinate the
work of
2. The party that directly benefits from
Project owner.
the addi-tional security of knowing
that the contractor has satisfied the
surety's comprehensive pre-qualification
review is the
Commercial, industrial,
3. Hadley Construction operates as a
residential, and public work.
general building contractor. General
building contrac-tors engage in general
building construction, which can be
broken down into
4. Which one of the following describes what hap- The project owner must
pay addi-
pens if there are gaps or omissions in the tional money to the contractor in the
con-struction plans and specifications form of change orders during
when they are offered in the competitive the course of construction.
bid process, and they are discovered
after the construction be-gins?
5. The practice in which a contractor bills the pro- Front-loading.
ject owner more than its cost for items
that occur in the early phases of the
contract and then bills correspondingly
less for items that occur in later phases
is called
, AFSB 152 Complete Exam with all Correct & 100% Verified Answers |
Actual Complete Exam |Already Graded A+
6. An assurance that results from the The significant financial
perfor-mance bond guarantee and assurance, beyond the
benefits the con-struction-project contractor's financial re-sources,
owner is that the contractor will fulfill all
contract terms.
, AFSB 152 Complete Exam with all Correct & 100% Verified Answers |
Actual Complete Exam |Already Graded A+
7. In construction contracts, the Ensures that work is completed
critical path method in a logical sequence and that
the pro-ject is completed
within the time budget
specified in the contract
terms.
8. Ridge Construction constructs locks and dams, General engineering
contractor.
power plants, large bridges, sewage and
water treatment plants, utilities, and
similar projects. Ridge Construction is a
9. To prevent problems when contracting Recruit local help or acquire a
work outside of the contractor's usual joint-venture partner to facilitate
geographic area, the contractor may the project.
need to
10. Payments to the general contractor are usually Each month, after the
architect re-
made 13. The increased
availability of
better financing
11. One can find the responsibilities of all or terms than
parties to a construction project in would otherwise
which one of the following have been re-
documents? ceived in the
absence of a
12. Which one of the following statements
surety bond is a
is cor-rect regarding design/build
benefit to the
contractors?
, AFSB 152 Complete Exam with all Correct & 100% Verified Answers |
Actual Complete Exam |Already Graded A+
ews and certifies the requests for payment.
e construction contract
design/build contractor assumes much greater responsibility than
traditional contractors.
oject owner.
