CONSTRUCTION MANAGEMENT EXAM QUESTIONS AND ANSWERS %
ACCURATE
Based on the guide quantity of 100 CY on a bid document for rock
excavation, a contractor bid a unit price of $20/CY. If the owner's
representative determined that the contractor excavated 85 CY of rock
during construction, how much will the contractor get paid?
(a). $2000
(b). $1700
(c). $300
(d). $1800 Answer >>>(b)
Which of the following documents are included in the bid package?
I. Proposal Form
II. Special Conditions
III. Technical Specifications
IV. General Conditions
V. Bid Bond
(a). I, II, and III
(b). II, III, and IV
(c). I, II, IV, and V
(d). I, II, III, and IV Answer >>>(d)
,CONSTRUCTION MANAGEMENT
The document requested by the owner as a protection against the risk
of the contractor not accepting the job once awarded the project is
(a). Insurance
(b). Performance Bond
(c). Bid Bond
(d). Payment Bond Answer >>>(c)
Which of the following would not be considered an excusable delay?
(a). Labor Strikes
(b). Review process delays
(c). A hurricane closing a port delaying delivery of materials
(d). Death of a contractor Answer >>>(b)
The typically 30-90 days’ period after the bid opening where the
contractor is bound by their bid is called
(a). Acceptance period
(b). Bid period
(c). Anxiety period
(d). Risk period Answer >>>(a)
The procedure that allows a contractor to propose changes to the
design with the approval of the designer to save time and/or money is
called
, CONSTRUCTION MANAGEMENT
(a). Process Engineering
(b). Value Engineering
(c). Design build engineering
(d). Cost engineering Answer >>>(b)
Which of the following documents determines the zero day of the
project for scheduling purposes?
(a). Proposal Form
(b). Formal contract
(c). Notice to bidders
(d). Notice to proceed Answer >>>(d)
The amount held back from the payments to give the contractor an
incentive to finish the job on time is called
(a). Retainage
(b). Escrow
(c). Progress Payment
(d). Liquidated damages Answer >>>(a)
Which of the following types of contracts require the contractor to
carry the risk of increased costs?
(a). Cost + %fee
(b). Cost + fixed fee