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ARE 5.0 - Construction & Evaluation - Exam Questions with Verified Answers Latest Version 2025 Already Passed

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ARE 5.0 - Construction & Evaluation - Exam Questions with Verified Answers Latest Version 2025 Already Passed Invitation to Bid - Answers An invitation to a selected list of contractors soliciting bids for a project. Sick Building Syndrome - Answers A term used to describe poor air quality that can lead to discomfort and possibly disease. Builder's Risk Insurance - Answers Fire and property damage insurance for a project during construction, usually purchased by the owner. Also called property insurance. Notice to Bidders - Answers Instructions in the bidding documents for preparing and submitting bids for a project. Also called instructions to bidders. Payment Request - Answers A contractor's written request for payment of the amount due on account of work completed, materials suitably stored on site, or both. Also called application for payment. Alternate Bid - Answers A proposal by a bidder for an amount to be subtracted from or added to the base bid if the corresponding change in the work is accepted. This may be either a deductive or additive alternate. Cash Allowance - Answers An amount not included in the contract sum to cover the cost of certain items not specified in detail. Hardware and other finish items are often handled in the manner. Completion Bond - Answers A bond obtained by the contractor or owner that guarantees the project will be completed free of liens. Surety Bond - Answers An agreement under which one party (the surety or bonding company) guarantees to make good to another party (the obligee or owner) the debt, default, or failure to perform as a third party (the principal or contractor). Also called a bond. Insurance - Answers Coverage by contract (insurance policy), whereby one party ( the insurance company) agrees to indemnify or reimburse another ( the insured) against loss from a specified hazard. Submittal - Answers A shop drawing, project data, or sample submitted by the contractor to the architect for review prior to incorporation in the work. Statue of Limitations - Answers An ordinance that specifies the period within which legal action must be brought to obtain legal relief for damage or injury. Certificate of Occupancy - Answers A document issued by the governing authority stating that a building complies with applicable laws and permitting occupancy for its designated use. Base Bid - Answers The sum of money stated in the bid for which the bidder offers to do the work, not including any alternate bids. Supervision - Answers Direction of the work by the contractor's personnel. Supervision is not the responsibility of the architect. Arbitration - Answers An alternative to litigating a dispute, in which one or more arbitrators hear the evidence and renders a decision. Bidding Documents - Answers The invitation to bid, instructions to bidders, bid form, and the contract documents. Construction Management (CM) - Answers Management services performed by the architect or others, over and above normal architectural services that contribute to the control of time and cost in the construction project. Change Order - Answers A written order to the contractor, prepared by the architect and signed by the owner, contractor, and architect that authorizes a change in the work, the contract sum, or the contract time. Addenda - Answers Statement or drawings that modify the basic contract documents after the latter have been issued to the bidders, but prior to taking of bids. Liquidated Damages - Answers A sum chargeable against the contractor as reimbursement for damages suffered by the owner because of the contractor's failure to complete the work within a specified time. Contract Time - Answers The time within which the work must be completed, as established in the contract documents. Progress Payments - Answers Payments made to the contractor during progress of the work on account of work completed, materials suitably stored, or both. Project Representative - Answers The architect's representative at the site who assists in the general administration of the construction contract for a project. Prime Contractor - Answers A contractor on a project who has a contract directly with the owner. Bid - Answers A proposal by a contractor to do the work required by the contract documents fora stipulated sum of money. Critical Path Method (CPM) - Answers A system of planning and scheduling construction operations that analyzes sequences and duration of time using network diagrams. Labor and Material Payment Bond - Answers A bond guaranteeing to the owner that the contractor will pay for all labor and materials used for the project. Performance Bond - Answers A bond that guarantees to the owner that the contractor will

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ARE 5.0 - Construction & Evaluation - Exam Questions with Verified Answers Latest Version 2025
Already Passed

Invitation to Bid - Answers An invitation to a selected list of contractors soliciting bids for a project.

Sick Building Syndrome - Answers A term used to describe poor air quality that can lead to discomfort
and possibly disease.

Builder's Risk Insurance - Answers Fire and property damage insurance for a project during construction,
usually purchased by the owner. Also called property insurance.

Notice to Bidders - Answers Instructions in the bidding documents for preparing and submitting bids for
a project. Also called instructions to bidders.

Payment Request - Answers A contractor's written request for payment of the amount due on account
of work completed, materials suitably stored on site, or both. Also called application for payment.

Alternate Bid - Answers A proposal by a bidder for an amount to be subtracted from or added to the
base bid if the corresponding change in the work is accepted. This may be either a deductive or additive
alternate.

Cash Allowance - Answers An amount not included in the contract sum to cover the cost of certain items
not specified in detail. Hardware and other finish items are often handled in the manner.

Completion Bond - Answers A bond obtained by the contractor or owner that guarantees the project will
be completed free of liens.

Surety Bond - Answers An agreement under which one party (the surety or bonding company)
guarantees to make good to another party (the obligee or owner) the debt, default, or failure to
perform as a third party (the principal or contractor). Also called a bond.

Insurance - Answers Coverage by contract (insurance policy), whereby one party ( the insurance
company) agrees to indemnify or reimburse another ( the insured) against loss from a specified hazard.

Submittal - Answers A shop drawing, project data, or sample submitted by the contractor to the
architect for review prior to incorporation in the work.

Statue of Limitations - Answers An ordinance that specifies the period within which legal action must be
brought to obtain legal relief for damage or injury.

Certificate of Occupancy - Answers A document issued by the governing authority stating that a building
complies with applicable laws and permitting occupancy for its designated use.

Base Bid - Answers The sum of money stated in the bid for which the bidder offers to do the work, not
including any alternate bids.

, Supervision - Answers Direction of the work by the contractor's personnel. Supervision is not the
responsibility of the architect.

Arbitration - Answers An alternative to litigating a dispute, in which one or more arbitrators hear the
evidence and renders a decision.

Bidding Documents - Answers The invitation to bid, instructions to bidders, bid form, and the contract
documents.

Construction Management (CM) - Answers Management services performed by the architect or others,
over and above normal architectural services that contribute to the control of time and cost in the
construction project.

Change Order - Answers A written order to the contractor, prepared by the architect and signed by the
owner, contractor, and architect that authorizes a change in the work, the contract sum, or the contract
time.

Addenda - Answers Statement or drawings that modify the basic contract documents after the latter
have been issued to the bidders, but prior to taking of bids.

Liquidated Damages - Answers A sum chargeable against the contractor as reimbursement for damages
suffered by the owner because of the contractor's failure to complete the work within a specified time.

Contract Time - Answers The time within which the work must be completed, as established in the
contract documents.

Progress Payments - Answers Payments made to the contractor during progress of the work on account
of work completed, materials suitably stored, or both.

Project Representative - Answers The architect's representative at the site who assists in the general
administration of the construction contract for a project.

Prime Contractor - Answers A contractor on a project who has a contract directly with the owner.

Bid - Answers A proposal by a contractor to do the work required by the contract documents fora
stipulated sum of money.

Critical Path Method (CPM) - Answers A system of planning and scheduling construction operations that
analyzes sequences and duration of time using network diagrams.

Labor and Material Payment Bond - Answers A bond guaranteeing to the owner that the contractor will
pay for all labor and materials used for the project.

Performance Bond - Answers A bond that guarantees to the owner that the contractor will perform the
work in accordance with the contract documents.

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