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Exam (elaborations)

CM 3111 MODULE 1 QUESTIONS AND ACCURATE ANSWERS

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CM 3111 MODULE 1 QUESTIONS AND ACCURATE ANSWERS

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CM 3111 MODULE 1 QUESTIONS AND ACCURATE
ANSWERS




Correct 17

Incorrect 00



1 of 17

Term



Why is it important that the estimator be certain that all addenda have
been received before submitting a bid?



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Architect/engineer offices distribute Addenda are typically sent only to
addenda after the bid deadline. subcontractors.




Many architect/engineer offices
send copies to all parties who Many architect/engineer offices send
have plans (including the copies only to the project owner.
planning rooms).


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, 2 of 17

Term



______________ involves the contractor working with the owner (or through
the owner's architect-engineer) to arrive at a mutually acceptable price
for the construction of the project. It often involves negotiations back
and forth on materials used, sizes, finishes, and other items which affect
the price of a project.



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Open bidding Private bidding




Negotiated bidding Unit price bidding


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3 of 17

Term



Errors in the specifications should be overlooked as addressing them
would waste valuable time and effort.



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