AFSB 152 CERTIFICATION EXAM 2026
COMPLETE Q AND A PREP PACK
◉ Lido Roofing's work is generally subject to an implied warranty.
Which one of the following statements is correct regarding an
implied warranty for a roofing contractor?
- It typically applies for a 20-year period.
- It begins with the purchase of the materials.
- It does not begin until installation is completed.
- It includes coverage for excessive wear and tear.
Answer: It does not begin until installation is completed.
◉ Which one of the following is correct regarding the contractor's
risk in a cost-plus contract?
- The contractor's risk in a cost-plus contract is higher than it would
be in a fixed-price contract.
- There is more risk in a cost-plus contract than in a unit-price
contract.
- Cost-plus contracts expose the contractor to little or no risk
because costs are reimbursed.
- The "plus" in a cost-plus contract is a fixed amount and is not
related to the contractor's risk.
,Answer: Cost-plus contracts expose the contractor to little or no risk
because costs are reimbursed.
◉ KB Contracting entered a firm fixed-price contract to build a new
location for Mullen Markets. The construction contract includes a
bonus clause. Under this arrangement, KB Contracting will most
likely earn an incentive if it does which one of the following?
- Completes the job at a cost at least 5% below the original bid price.
- Completes the job with exceptional savings in both cost and time.
- Completes the work with exemplary quality.
- Completes the work within the prescribed period of time.
Answer: Completes the work within the prescribed period of time.
◉ Wilson Contracting was awarded a large federal construction
project. The Miller Act requires a contractor on a federal project to
post
- A performance bond and a labor and material payment bond.
- A labor and material payment bond only.
- A performance bond only.
- A bond covering state liens.
Answer: A performance bond and a labor and material payment
bond.
,◉ When estimating the costs for labor, in addition to the capabilities
of the available labor force, the estimator must be familiar with
- Union and local regulations that might affect what work a
particular subcontractor can perform
- The subcontractor's hours of operation and overtime guidelines
- Any union labor limitations for specialized laborers who work on
private construction projects
- The profit margins that are customary for similar types of jobs in
the market
Answer: Union and local regulations that might affect what work a
particular subcontractor can perform
◉ Which one of these statements most accurately describes the laws
and regulations with which architects must comply?
- A. Architects must comply with all federal, state, and local laws,
regulations, ordinances, requirements, and codes that apply to
construction projects
- Architects must comply with all federal, state, and local laws,
regulations, ordinances, requirements, and codes, as well as with
regulations and licensing requirements of the architectural
profession
- Architects must comply with regulations and licensing
requirements of the architectural profession, along with regulations
and licensing requirements for the construction firms
, - Architects must comply with regulations and licensing
requirements of the architectural profession, which takes
precedence over all other regulations and ordinances
Answer: Architects must comply with all federal, state, and local
laws, regulations, ordinances, requirements, and codes, as well as
with regulations and licensing requirements of the architectural
profession
◉ When contract documents specifically request two or more
alternative quotes (such as one with and one without some feature),
the contractor
- Should investigate the advantages and disadvantages of the
alternatives and include them in separate bids for each alternative
- Can choose to bid on only one of the quotes but must explain why
only one quote is furnished
- Should include any qualifying conditions for the alternatives, which
could ensure the contractor's responsiveness
- Must clearly furnish each of the requested quotes, or the bid might
be judged nonresponsive
Answer: Must clearly furnish each of the requested quotes, or the
bid might be judged nonresponsive
◉ One of the purposes of bid bonds is
- To assure the owner of completion of the project in the least
amount of time possible
COMPLETE Q AND A PREP PACK
◉ Lido Roofing's work is generally subject to an implied warranty.
Which one of the following statements is correct regarding an
implied warranty for a roofing contractor?
- It typically applies for a 20-year period.
- It begins with the purchase of the materials.
- It does not begin until installation is completed.
- It includes coverage for excessive wear and tear.
Answer: It does not begin until installation is completed.
◉ Which one of the following is correct regarding the contractor's
risk in a cost-plus contract?
- The contractor's risk in a cost-plus contract is higher than it would
be in a fixed-price contract.
- There is more risk in a cost-plus contract than in a unit-price
contract.
- Cost-plus contracts expose the contractor to little or no risk
because costs are reimbursed.
- The "plus" in a cost-plus contract is a fixed amount and is not
related to the contractor's risk.
,Answer: Cost-plus contracts expose the contractor to little or no risk
because costs are reimbursed.
◉ KB Contracting entered a firm fixed-price contract to build a new
location for Mullen Markets. The construction contract includes a
bonus clause. Under this arrangement, KB Contracting will most
likely earn an incentive if it does which one of the following?
- Completes the job at a cost at least 5% below the original bid price.
- Completes the job with exceptional savings in both cost and time.
- Completes the work with exemplary quality.
- Completes the work within the prescribed period of time.
Answer: Completes the work within the prescribed period of time.
◉ Wilson Contracting was awarded a large federal construction
project. The Miller Act requires a contractor on a federal project to
post
- A performance bond and a labor and material payment bond.
- A labor and material payment bond only.
- A performance bond only.
- A bond covering state liens.
Answer: A performance bond and a labor and material payment
bond.
,◉ When estimating the costs for labor, in addition to the capabilities
of the available labor force, the estimator must be familiar with
- Union and local regulations that might affect what work a
particular subcontractor can perform
- The subcontractor's hours of operation and overtime guidelines
- Any union labor limitations for specialized laborers who work on
private construction projects
- The profit margins that are customary for similar types of jobs in
the market
Answer: Union and local regulations that might affect what work a
particular subcontractor can perform
◉ Which one of these statements most accurately describes the laws
and regulations with which architects must comply?
- A. Architects must comply with all federal, state, and local laws,
regulations, ordinances, requirements, and codes that apply to
construction projects
- Architects must comply with all federal, state, and local laws,
regulations, ordinances, requirements, and codes, as well as with
regulations and licensing requirements of the architectural
profession
- Architects must comply with regulations and licensing
requirements of the architectural profession, along with regulations
and licensing requirements for the construction firms
, - Architects must comply with regulations and licensing
requirements of the architectural profession, which takes
precedence over all other regulations and ordinances
Answer: Architects must comply with all federal, state, and local
laws, regulations, ordinances, requirements, and codes, as well as
with regulations and licensing requirements of the architectural
profession
◉ When contract documents specifically request two or more
alternative quotes (such as one with and one without some feature),
the contractor
- Should investigate the advantages and disadvantages of the
alternatives and include them in separate bids for each alternative
- Can choose to bid on only one of the quotes but must explain why
only one quote is furnished
- Should include any qualifying conditions for the alternatives, which
could ensure the contractor's responsiveness
- Must clearly furnish each of the requested quotes, or the bid might
be judged nonresponsive
Answer: Must clearly furnish each of the requested quotes, or the
bid might be judged nonresponsive
◉ One of the purposes of bid bonds is
- To assure the owner of completion of the project in the least
amount of time possible
