FLORIDA CERTIFIED GENERAL CONTRACTOR EXAMINATION {CGC} NEWEST
EVALUATED EXAM PRACTICE 100 QUESTIONS 2025-2026|ORIGINAL QUESTIONS
& ANSWERS |DETAILED RATIONALES |*HINTED* COMPLETE EXAM PREP
GRADED A+**INSTANT DOWNLOAD PDF**
1. A general contractor is preparing a bid using a lump-sum contract. Which
statement BEST describes the contractor’s pricing risk?
A. The owner bears all cost-overrun risk regardless of cause
B. The contractor is generally responsible for completing the defined scope for the
agreed price, subject to contractual adjustments
C. The subcontractors automatically absorb all increases in material costs
D. The contractor is guaranteed a predetermined profit regardless of actual costs
Answer: B.
In a lump-sum contract, the contractor agrees to perform the defined scope for an
established price. Unless the contract provides otherwise, unexpected increases in
the contractor’s costs can reduce the contractor’s profit.
2. During excavation, the contractor discovers substantially different subsurface
conditions from those indicated in the contract documents. What is the MOST
appropriate initial action?
A. Immediately abandon the project
B. Proceed without notifying anyone
C. Document the condition and provide the required contractual notice
D. Demolish the affected area and submit a final invoice
Answer: C.
Differing site conditions should be documented promptly and handled according to
the contract’s notice and change procedures.
3. Which document typically establishes the contractual requirements for
materials, workmanship, and installation standards rather than graphically
depicting the work?
,A. Site plan
B. Specifications
C. Floor plan
D. Elevation
Answer: B.
Specifications describe materials, quality standards, execution requirements, and
other written requirements that supplement the drawings.
4. A project has activities with the following durations: A = 4 days, B = 6 days
after A, and C = 3 days after A. D can begin only after both B and C are complete
and requires 5 days. What is the project duration?
A. 14 days
B. 15 days
C. 17 days
D. 18 days
Answer: C.
The controlling path is A → B → D: 4 + 6 + 5 = 15 days. However, because the
question asks project duration based on the stated sequence, C finishes after 7
days and B after 10 days; D then requires 5 days, giving 15 days. Therefore the
correct answer is B.
5. A contractor’s direct job costs are $800,000 and overhead is $120,000. If the
contractor wants a 10% profit calculated as a percentage of the selling price,
what approximate contract price is required?
A. $920,000
B. $1,000,000
C. $1,020,000
D. $1,022,222
Answer: D.
Total cost is $920,000. If profit is 10% of selling price, cost represents 90% of the
price: $920,000 ÷ 0.90 = approximately $1,022,222.
,6. Which type of insurance primarily protects the contractor against claims
arising from bodily injury or property damage to third parties?
A. Workers’ compensation
B. General liability
C. Builder’s risk
D. Inland marine
Answer: B.
Commercial general liability insurance generally addresses covered third-party
bodily injury and property-damage claims arising from operations.
7. Which financial statement primarily reports a company’s assets, liabilities,
and equity at a specific date?
A. Income statement
B. Cash-flow statement
C. Balance sheet
D. Job-cost report
Answer: C.
The balance sheet presents the company’s financial position at a specific point in
time.
8. A contractor has current assets of $450,000 and current liabilities of $300,000.
What is the current ratio?
A. 0.67:1
B. 1.25:1
C. 1.50:1
D. 2.00:1
Answer: C.
Current ratio = current assets ÷ current liabilities = $450,000 ÷ $300,000 = 1.50:1.
9. Which situation BEST represents a change order?
, A. A contractor internally changes its labor schedule
B. The owner authorizes a modification to the contract scope that changes cost or
time
C. A worker requests vacation
D. A supplier changes its delivery truck
Answer: B.
A change order formally modifies the contractual requirements, commonly
affecting scope, price, time, or a combination of these.
10. A subcontractor submits a shop drawing that conflicts with the contract
drawings. What should the contractor generally do?
A. Ignore the conflict
B. Allow the subcontractor to choose whichever requirement is cheaper
C. Obtain clarification through the appropriate project communication procedure
D. Automatically revise the contract documents
Answer: C.
Conflicts should be identified and resolved through the established submittal, RFI,
architect/engineer, or owner communication process.
11. Which activity is generally considered part of project closeout?
A. Initial site clearing
B. Preparing the bid
C. Final inspections, punch-list completion, warranties, and required closeout
documents
D. Preparing preliminary conceptual drawings
Answer: C.
Closeout includes completion of punch-list work, required inspections,
documentation, warranties, releases, and other contractual requirements.
12. A contractor receives a payment application for $200,000 of completed
work. The contract requires 10% retainage. Assuming no other deductions, how
much is retained?
EVALUATED EXAM PRACTICE 100 QUESTIONS 2025-2026|ORIGINAL QUESTIONS
& ANSWERS |DETAILED RATIONALES |*HINTED* COMPLETE EXAM PREP
GRADED A+**INSTANT DOWNLOAD PDF**
1. A general contractor is preparing a bid using a lump-sum contract. Which
statement BEST describes the contractor’s pricing risk?
A. The owner bears all cost-overrun risk regardless of cause
B. The contractor is generally responsible for completing the defined scope for the
agreed price, subject to contractual adjustments
C. The subcontractors automatically absorb all increases in material costs
D. The contractor is guaranteed a predetermined profit regardless of actual costs
Answer: B.
In a lump-sum contract, the contractor agrees to perform the defined scope for an
established price. Unless the contract provides otherwise, unexpected increases in
the contractor’s costs can reduce the contractor’s profit.
2. During excavation, the contractor discovers substantially different subsurface
conditions from those indicated in the contract documents. What is the MOST
appropriate initial action?
A. Immediately abandon the project
B. Proceed without notifying anyone
C. Document the condition and provide the required contractual notice
D. Demolish the affected area and submit a final invoice
Answer: C.
Differing site conditions should be documented promptly and handled according to
the contract’s notice and change procedures.
3. Which document typically establishes the contractual requirements for
materials, workmanship, and installation standards rather than graphically
depicting the work?
,A. Site plan
B. Specifications
C. Floor plan
D. Elevation
Answer: B.
Specifications describe materials, quality standards, execution requirements, and
other written requirements that supplement the drawings.
4. A project has activities with the following durations: A = 4 days, B = 6 days
after A, and C = 3 days after A. D can begin only after both B and C are complete
and requires 5 days. What is the project duration?
A. 14 days
B. 15 days
C. 17 days
D. 18 days
Answer: C.
The controlling path is A → B → D: 4 + 6 + 5 = 15 days. However, because the
question asks project duration based on the stated sequence, C finishes after 7
days and B after 10 days; D then requires 5 days, giving 15 days. Therefore the
correct answer is B.
5. A contractor’s direct job costs are $800,000 and overhead is $120,000. If the
contractor wants a 10% profit calculated as a percentage of the selling price,
what approximate contract price is required?
A. $920,000
B. $1,000,000
C. $1,020,000
D. $1,022,222
Answer: D.
Total cost is $920,000. If profit is 10% of selling price, cost represents 90% of the
price: $920,000 ÷ 0.90 = approximately $1,022,222.
,6. Which type of insurance primarily protects the contractor against claims
arising from bodily injury or property damage to third parties?
A. Workers’ compensation
B. General liability
C. Builder’s risk
D. Inland marine
Answer: B.
Commercial general liability insurance generally addresses covered third-party
bodily injury and property-damage claims arising from operations.
7. Which financial statement primarily reports a company’s assets, liabilities,
and equity at a specific date?
A. Income statement
B. Cash-flow statement
C. Balance sheet
D. Job-cost report
Answer: C.
The balance sheet presents the company’s financial position at a specific point in
time.
8. A contractor has current assets of $450,000 and current liabilities of $300,000.
What is the current ratio?
A. 0.67:1
B. 1.25:1
C. 1.50:1
D. 2.00:1
Answer: C.
Current ratio = current assets ÷ current liabilities = $450,000 ÷ $300,000 = 1.50:1.
9. Which situation BEST represents a change order?
, A. A contractor internally changes its labor schedule
B. The owner authorizes a modification to the contract scope that changes cost or
time
C. A worker requests vacation
D. A supplier changes its delivery truck
Answer: B.
A change order formally modifies the contractual requirements, commonly
affecting scope, price, time, or a combination of these.
10. A subcontractor submits a shop drawing that conflicts with the contract
drawings. What should the contractor generally do?
A. Ignore the conflict
B. Allow the subcontractor to choose whichever requirement is cheaper
C. Obtain clarification through the appropriate project communication procedure
D. Automatically revise the contract documents
Answer: C.
Conflicts should be identified and resolved through the established submittal, RFI,
architect/engineer, or owner communication process.
11. Which activity is generally considered part of project closeout?
A. Initial site clearing
B. Preparing the bid
C. Final inspections, punch-list completion, warranties, and required closeout
documents
D. Preparing preliminary conceptual drawings
Answer: C.
Closeout includes completion of punch-list work, required inspections,
documentation, warranties, releases, and other contractual requirements.
12. A contractor receives a payment application for $200,000 of completed
work. The contract requires 10% retainage. Assuming no other deductions, how
much is retained?
