Florida Contract Administration Exam
Newest 2026-2027 Updated 100
Questions From Actual Exams Complete
Questions And Correct Detailed
Answers (Expert Verified Exam)
|Already Graded A+||Brand New!!
1. Which document legally defines the scope of work for a construction
project?
A. Purchase Order
B. Contract Drawings and Specifications
C. Bid Proposal
D. Invoice
Answer: B
The contract drawings and specifications establish the scope of work, detailing
requirements, materials, and standards expected in the project.
2. What is the primary purpose of a construction contract?
A. To provide financing
B. To define legal obligations between parties
C. To schedule inspections
D. To assign subcontractors
Answer: B
The contract establishes legal obligations, rights, and responsibilities between the
owner and contractor.
, 3. A “lump sum contract” is best described as:
A. Payment based on time and materials
B. A fixed total price for all work
C. Payment per unit completed
D. A cost-plus agreement
Answer: B
A lump sum contract sets a fixed price, transferring risk to the contractor for cost
overruns.
4. Who is typically responsible for issuing change orders?
A. Subcontractor
B. Project manager
C. Owner or authorized representative
D. Supplier
Answer: C
Change orders must be approved by the owner or authorized representative to
modify the contract terms.
5. What does “retainage” refer to in construction contracts?
A. Bonus payments
B. Withheld portion of payment until completion
C. Tax deductions
D. Insurance coverage
Answer: B
Retainage is a withheld percentage to ensure project completion and quality
performance.
6. Which contract type places the greatest financial risk on the owner?
A. Lump sum
B. Unit price
C. Cost-plus
D. Fixed fee
, Answer: C
In a cost-plus contract, the owner pays actual costs plus fees, assuming greater
financial risk.
7. What is a “notice to proceed”?
A. Final inspection report
B. Authorization to begin work
C. Payment request
D. Contract termination notice
Answer: B
The notice to proceed formally authorizes the contractor to start work.
8. A contractor submits a request for information (RFI) to:
A. Request payment
B. Clarify contract documents
C. Submit bids
D. Terminate agreement
Answer: B
An RFI is used to clarify ambiguities in contract documents.
9. What is the purpose of a performance bond?
A. Ensure payment to suppliers
B. Guarantee contractor completes the project
C. Cover design errors
D. Provide insurance
Answer: B
A performance bond ensures the contractor will complete the project as agreed.
10.Which document outlines project timelines?
A. Specification manual
B. Project schedule
C. Invoice
D. Bid form
Newest 2026-2027 Updated 100
Questions From Actual Exams Complete
Questions And Correct Detailed
Answers (Expert Verified Exam)
|Already Graded A+||Brand New!!
1. Which document legally defines the scope of work for a construction
project?
A. Purchase Order
B. Contract Drawings and Specifications
C. Bid Proposal
D. Invoice
Answer: B
The contract drawings and specifications establish the scope of work, detailing
requirements, materials, and standards expected in the project.
2. What is the primary purpose of a construction contract?
A. To provide financing
B. To define legal obligations between parties
C. To schedule inspections
D. To assign subcontractors
Answer: B
The contract establishes legal obligations, rights, and responsibilities between the
owner and contractor.
, 3. A “lump sum contract” is best described as:
A. Payment based on time and materials
B. A fixed total price for all work
C. Payment per unit completed
D. A cost-plus agreement
Answer: B
A lump sum contract sets a fixed price, transferring risk to the contractor for cost
overruns.
4. Who is typically responsible for issuing change orders?
A. Subcontractor
B. Project manager
C. Owner or authorized representative
D. Supplier
Answer: C
Change orders must be approved by the owner or authorized representative to
modify the contract terms.
5. What does “retainage” refer to in construction contracts?
A. Bonus payments
B. Withheld portion of payment until completion
C. Tax deductions
D. Insurance coverage
Answer: B
Retainage is a withheld percentage to ensure project completion and quality
performance.
6. Which contract type places the greatest financial risk on the owner?
A. Lump sum
B. Unit price
C. Cost-plus
D. Fixed fee
, Answer: C
In a cost-plus contract, the owner pays actual costs plus fees, assuming greater
financial risk.
7. What is a “notice to proceed”?
A. Final inspection report
B. Authorization to begin work
C. Payment request
D. Contract termination notice
Answer: B
The notice to proceed formally authorizes the contractor to start work.
8. A contractor submits a request for information (RFI) to:
A. Request payment
B. Clarify contract documents
C. Submit bids
D. Terminate agreement
Answer: B
An RFI is used to clarify ambiguities in contract documents.
9. What is the purpose of a performance bond?
A. Ensure payment to suppliers
B. Guarantee contractor completes the project
C. Cover design errors
D. Provide insurance
Answer: B
A performance bond ensures the contractor will complete the project as agreed.
10.Which document outlines project timelines?
A. Specification manual
B. Project schedule
C. Invoice
D. Bid form
