Ashworth College B06V Lesson 1 Exam Chap 1, 2, 3
Quiz
Question 1 (5 points)
It is important for contractors to thoroughly read and review the specifications because the:
Question 1 options:
contractor is responsible for everything contained in the specifications in addition to what is
covered on the drawings.
specifications are the most important of the contract documents.
specifications contain all of the information necessary to construct the project.
terms in the specifications always overrule what is covered on the construction drawings.
Question 2 (5 points)
To make corrections to contract documents, include additional work, and answer the
contractor's questions, the architect/engineer would issue a(n):
Question 2 options:
change order.
additional information memorandum.
alternate.
addenda.
Question 3 (5 points)
The working drawings and specifications define the scope of the work and:
Question 3 options:
are only a small portion of the contract documents.
must be considered together when preparing an estimate.
rarely overlap in the information they provide.
are assumed to be complete and correct.
Question 4 (5 points)
One advantage of the owner awarding a single contract for the entire project is that the owner:
Question 4 options:
can control all phases of the construction.
can select specific plumbing, HVAC, and electrical contractors for the project.
avoids multiple markups for the same work.
requires all work to be the responsibility of one prime contractor.
Question 5 (5 points)
Which is NOT considered an estimating method?
Question 5 options:
Assembly estimates
Parametric estimates
Percentage estimates
Square-foot estimates
Question 6 (5 points)
In order to perform quantity takeoffs, an estimator must:
, Question 6 options:
be a computer programmer in order to organize cost data.
have knowledge of mathematics and a keen understanding of geometry.
be able to create construction drawings.
fully understand the terms of the owner-contractor agreement.
Question 7 (5 points)
Progress payments are made as the project proceeds. They are:
Question 7 options:
based on a fixed schedule agreed upon prior to the start of construction and cover the costs
to the contractor to that point in the project.
paid at times specified in the contract and are paid out based on the percentage of
completion to that time.
are requested by the contractor when needed and are at the discretion of the architect.
payments made on completed work and stored materials, with the owner retaining a portion
to ensure contractor completes their obligations.
Question 8 (5 points)
In a cost-plus-fee agreement the sliding scale fees are when the:
Question 8 options:
when the fee increases as the construction proceeds as the contractor collects most of the
fees as the project comes to an end.
when the fee is based on a percentage of the construction cost.
when the fees are fixed but can be increased if the contractor had to undergo changes to
over 35% of the project during construction.
when the fee decreases as costs increase, motivating the contractor to complete quickly.
Question 9 (5 points)
What is NOT one of the different types of insurances that a contractor should maintain?
Question 9 options:
Workers compensation
Errors and omissions
Business liability
Umbrella
Question 10 (5 points)
When involved in a competitive bidding process, a contractor generally:
Question 10 options:
must negotiate the final bid price with the owner.
has the flexibility to determine the materials used and their size and finishes.
must provide the lowest lump sum bid to be awarded the contract to build the project.
has the right to determine which bonds and insurance are appropriate to obtain.
Question 11 (5 points)
A unit-price agreement is most useful when:
Question 11 options:
Quiz
Question 1 (5 points)
It is important for contractors to thoroughly read and review the specifications because the:
Question 1 options:
contractor is responsible for everything contained in the specifications in addition to what is
covered on the drawings.
specifications are the most important of the contract documents.
specifications contain all of the information necessary to construct the project.
terms in the specifications always overrule what is covered on the construction drawings.
Question 2 (5 points)
To make corrections to contract documents, include additional work, and answer the
contractor's questions, the architect/engineer would issue a(n):
Question 2 options:
change order.
additional information memorandum.
alternate.
addenda.
Question 3 (5 points)
The working drawings and specifications define the scope of the work and:
Question 3 options:
are only a small portion of the contract documents.
must be considered together when preparing an estimate.
rarely overlap in the information they provide.
are assumed to be complete and correct.
Question 4 (5 points)
One advantage of the owner awarding a single contract for the entire project is that the owner:
Question 4 options:
can control all phases of the construction.
can select specific plumbing, HVAC, and electrical contractors for the project.
avoids multiple markups for the same work.
requires all work to be the responsibility of one prime contractor.
Question 5 (5 points)
Which is NOT considered an estimating method?
Question 5 options:
Assembly estimates
Parametric estimates
Percentage estimates
Square-foot estimates
Question 6 (5 points)
In order to perform quantity takeoffs, an estimator must:
, Question 6 options:
be a computer programmer in order to organize cost data.
have knowledge of mathematics and a keen understanding of geometry.
be able to create construction drawings.
fully understand the terms of the owner-contractor agreement.
Question 7 (5 points)
Progress payments are made as the project proceeds. They are:
Question 7 options:
based on a fixed schedule agreed upon prior to the start of construction and cover the costs
to the contractor to that point in the project.
paid at times specified in the contract and are paid out based on the percentage of
completion to that time.
are requested by the contractor when needed and are at the discretion of the architect.
payments made on completed work and stored materials, with the owner retaining a portion
to ensure contractor completes their obligations.
Question 8 (5 points)
In a cost-plus-fee agreement the sliding scale fees are when the:
Question 8 options:
when the fee increases as the construction proceeds as the contractor collects most of the
fees as the project comes to an end.
when the fee is based on a percentage of the construction cost.
when the fees are fixed but can be increased if the contractor had to undergo changes to
over 35% of the project during construction.
when the fee decreases as costs increase, motivating the contractor to complete quickly.
Question 9 (5 points)
What is NOT one of the different types of insurances that a contractor should maintain?
Question 9 options:
Workers compensation
Errors and omissions
Business liability
Umbrella
Question 10 (5 points)
When involved in a competitive bidding process, a contractor generally:
Question 10 options:
must negotiate the final bid price with the owner.
has the flexibility to determine the materials used and their size and finishes.
must provide the lowest lump sum bid to be awarded the contract to build the project.
has the right to determine which bonds and insurance are appropriate to obtain.
Question 11 (5 points)
A unit-price agreement is most useful when:
Question 11 options:
