UK CE 303 Exam 1 Terms
Construction Project - ANS-A unique and complex system of materials, equipment, and
labor
Economic Impact - ANS-Every $1B of new construction creates 13,000 jobs in the
construction in the construction industry, and 34,000 jobs in supplies and services.
Every $1 on new construction creates $3.60 of economic activity in other industries
Participants - ANS-Owner, Prime Contractor, Designers (A/E), Subcontractor(s),
Vendors, and Regulators
Owner - ANS-Public or Private. Public may be a federal, state, county, or municipal gov't
agency, and must work within all gov't regulations. Private may be individuals,
corporations, or partnerships.
Designer - ANS-A party, organization or firm that designs a project, sch as an Architect
(generally buildings and commercial construction) or an Engineer (generally
infrastructure and heavy industrial projects)
Prime Contractor - ANS-A firm with a contract directly with the owner to construct a
project. Provides control of the project and is in charge of all field operations.
Subcontractors - ANS-Firm(s) with a contractor with the Prime but not the Owner. May
perform specialized work for the Prime, who is still responsible for their performance.
Types of Construction - ANS-Industrial (factories, power plants, oil refineries, etc.)
Infrastructural, or Heavy Civil (bridges, dams, roads, pretty much all Dept of
Transportation projects)
Residential
Commercial (schools, offices, etc.)
Residential Construction - ANS-40-45% of new construction
Generally produces single-family homes and apartments using dimension lumber
("stick-built"), and is typically built on speculation by private owners.
Commercial Construction - ANS-25-30% of new construction
, Generally privately owned, consists of the construction of office buildings, warehouses,
retail stores, shopping centers, schools, religious buildings, banks, sports facilities, etc.,
etc. All public use facilities, usually.
Infrastructural Construction - ANS-AKA Heavy Civil
20-25% of new construction
Department of Transportation projects and public works, typically public owned and
financed, designers are usually CE
Industrial Construction - ANS-5-10% of new construction
Power plants, petrochemical plants, processing plants, factories, etc.
Highly technical and heavy in mechanical design, designers are usually process
engineers.
Contract - ANS-legal agreement between two or more parties to perform a legal action
Lump Sum - ANS-The design is totally complete, the plans and specs are prepared in
detail, the Project Scope is accurately defined, and an invitation or ad to bid is issued.
Bidders are asked to perform a quantity takeoff, estimate costs, and submit a single
price bid
Unit Price - ANS-Design is complete, but some quantities may be unable to be exactly
determined, which are then identified as "_____" items, as few as possible, and the
bidding documents include the Engineer's Estimate giving the best information available
on these quantities. The contractor then estimates his costs and submits "____" for
each pay item. Payments are made based on actual work performed, quantities
multiplied by the "____". Great risk to the owner.
Cost Plus - ANS-The Owner reimburses the Contractor for all out-of-pocket expenses,
so there is no risk to the contractor. Construction may be started before design is
complete.
Linear - ANS-Traditional linear progress on a construction project
Phased - ANS-Fast track route for a construction project, complete segments as their
design becomes complete
Single Prime - ANS-Prime or GC has entered into contract with Owner and is
responsible for all construction, and may contract other contractors or subcontractors
Construction Project - ANS-A unique and complex system of materials, equipment, and
labor
Economic Impact - ANS-Every $1B of new construction creates 13,000 jobs in the
construction in the construction industry, and 34,000 jobs in supplies and services.
Every $1 on new construction creates $3.60 of economic activity in other industries
Participants - ANS-Owner, Prime Contractor, Designers (A/E), Subcontractor(s),
Vendors, and Regulators
Owner - ANS-Public or Private. Public may be a federal, state, county, or municipal gov't
agency, and must work within all gov't regulations. Private may be individuals,
corporations, or partnerships.
Designer - ANS-A party, organization or firm that designs a project, sch as an Architect
(generally buildings and commercial construction) or an Engineer (generally
infrastructure and heavy industrial projects)
Prime Contractor - ANS-A firm with a contract directly with the owner to construct a
project. Provides control of the project and is in charge of all field operations.
Subcontractors - ANS-Firm(s) with a contractor with the Prime but not the Owner. May
perform specialized work for the Prime, who is still responsible for their performance.
Types of Construction - ANS-Industrial (factories, power plants, oil refineries, etc.)
Infrastructural, or Heavy Civil (bridges, dams, roads, pretty much all Dept of
Transportation projects)
Residential
Commercial (schools, offices, etc.)
Residential Construction - ANS-40-45% of new construction
Generally produces single-family homes and apartments using dimension lumber
("stick-built"), and is typically built on speculation by private owners.
Commercial Construction - ANS-25-30% of new construction
, Generally privately owned, consists of the construction of office buildings, warehouses,
retail stores, shopping centers, schools, religious buildings, banks, sports facilities, etc.,
etc. All public use facilities, usually.
Infrastructural Construction - ANS-AKA Heavy Civil
20-25% of new construction
Department of Transportation projects and public works, typically public owned and
financed, designers are usually CE
Industrial Construction - ANS-5-10% of new construction
Power plants, petrochemical plants, processing plants, factories, etc.
Highly technical and heavy in mechanical design, designers are usually process
engineers.
Contract - ANS-legal agreement between two or more parties to perform a legal action
Lump Sum - ANS-The design is totally complete, the plans and specs are prepared in
detail, the Project Scope is accurately defined, and an invitation or ad to bid is issued.
Bidders are asked to perform a quantity takeoff, estimate costs, and submit a single
price bid
Unit Price - ANS-Design is complete, but some quantities may be unable to be exactly
determined, which are then identified as "_____" items, as few as possible, and the
bidding documents include the Engineer's Estimate giving the best information available
on these quantities. The contractor then estimates his costs and submits "____" for
each pay item. Payments are made based on actual work performed, quantities
multiplied by the "____". Great risk to the owner.
Cost Plus - ANS-The Owner reimburses the Contractor for all out-of-pocket expenses,
so there is no risk to the contractor. Construction may be started before design is
complete.
Linear - ANS-Traditional linear progress on a construction project
Phased - ANS-Fast track route for a construction project, complete segments as their
design becomes complete
Single Prime - ANS-Prime or GC has entered into contract with Owner and is
responsible for all construction, and may contract other contractors or subcontractors
