Ch 3 Exam Questions and Answers
100% Pass
What is the first step in finding the work? - ✔✔Determine who is preparing to build
new projects and when they will be ready to start
Intelligence Gathering - ✔✔Scoping out new work and finding out design starts and
capital improvement campaigns
Who is the one that is usually tasked with finding the work? - ✔✔Senior Estimators,
Senior managers and business development personnel
Major goal of construction firms? - ✔✔Be able to negotiate rather than just compete
Public Projects - ✔✔Funded by public taxpayers and certain regulations must be
followed
Open Bid - ✔✔a competitive bidding requirement for all public projects. It is advertised
publicly and allows any qualified contractor to submit a bid on the project
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