CNST 100 Chapter 3 Exam Questions
and Answers (Latest Update 2026)
Describe todays process to get jobs: -
correct answer ✅Complex process
o Now requires:
§ Negotiation
§ Presentation
§ Team building
§ Communication skills
Benefits of Marketing Efforts -
correct answer ✅o Value Engineering
o Constructability Review
o Budgeting and Scheduling during design
Public Projects: -
correct answer ✅- schools, highways, government buildings
- Bidding requirements:
- Open Bid
o advertised publicly and allows any contractor to submit a bid
, CNST 100 Chapter 3 Exam Questions
and Answers (Latest Update 2026)
o Problems: cannot restrict the number of bidders -
correct answer ✅Open Bid
- issued by a surety company and act like a form of credit, use their
financial resources to back the obligations of the contractor -
correct answer ✅Bonds
- weeds out the contractors that are not qualified to bid on the
project -
correct answer ✅Prequalification
Types of Bonds -
correct answer ✅bid bond, performance bond, labor, and material
bond
Private Projects include: -
correct answer ✅retail outlets private offices, private schools,
apartment complexes
includes an invitation to bid; is a notification sent to a selected list
of contractors who are chosen to bid on the project -
correct answer ✅Closed Bid
and Answers (Latest Update 2026)
Describe todays process to get jobs: -
correct answer ✅Complex process
o Now requires:
§ Negotiation
§ Presentation
§ Team building
§ Communication skills
Benefits of Marketing Efforts -
correct answer ✅o Value Engineering
o Constructability Review
o Budgeting and Scheduling during design
Public Projects: -
correct answer ✅- schools, highways, government buildings
- Bidding requirements:
- Open Bid
o advertised publicly and allows any contractor to submit a bid
, CNST 100 Chapter 3 Exam Questions
and Answers (Latest Update 2026)
o Problems: cannot restrict the number of bidders -
correct answer ✅Open Bid
- issued by a surety company and act like a form of credit, use their
financial resources to back the obligations of the contractor -
correct answer ✅Bonds
- weeds out the contractors that are not qualified to bid on the
project -
correct answer ✅Prequalification
Types of Bonds -
correct answer ✅bid bond, performance bond, labor, and material
bond
Private Projects include: -
correct answer ✅retail outlets private offices, private schools,
apartment complexes
includes an invitation to bid; is a notification sent to a selected list
of contractors who are chosen to bid on the project -
correct answer ✅Closed Bid
