CM 4211 questions with verified answers
The Owner can specify in the contract how and what subcontractors can be
sourced for the project. (T/F) Ans✓✓-True
Select the best definition for General Contractor.
A. The Company that tells everyone on the project how and when to perform B.
The company or individual responsible for overseeing the construction process
and managing any subcontractors, if applicable
C. The Company that performs the Front-End Loading and Engineering design
Ans✓✓-The company or individual responsible for overseeing the construction
process and managing any subcontractors, if applicable
What are examples of contract documents?
A. Blueprints
B. Scope of Work
C. Design drawings
D. All of these answers
E. Technical specifications Ans✓✓-All of these answers
What is a Guaranteed Maximum Price contract?
A. The maximum amount the owner will have to pay the contractor is capped and
is not to exceed
B. The maximum price the owner is to pay the vendors for materials and
equipment
C. The maximum price the owner is to pay the subcontractor Ans✓✓-The
maximum amount the owner will have to pay the contractor is capped and is not
to exceed
,What is a Design Bid contract?
A. A contract method that addresses design and construction costs
simultaneously
B. A contract method that uses fast-tracking incentives as the basis of the contract
C. A contract method that bids after design Ans✓✓-A contract method that
addresses design and construction costs simultaneously
A strong construction contract will outline the project's scope and leave little to
no room for which of the following.
A. Confusion on either side
B. Additional addendums
C. Red-line drawings Ans✓✓-Confusion on either side
Select the best definition for change request.
A. Describes how any requested changes will be communicated to the general
contractor, as well as any fees required for change orders and timelines for when
changes can be requested and handled
B. A request for better working conditions and pay
C. A request for additional work Ans✓✓-Describes how any requested changes
will be communicated to the general contractor, as well as any fees required for
change orders and timelines for when changes can be requested and handled
The right to subcontract any project work has to be outlined by which of the
following. Select all that apply.
A. The Prime Contractor
B. The contract
,C. The Owner Ans✓✓-The contract
What is a Time and Materials contract?
A. The maximum price the owner is to pay the subcontractor
B. The maximum price the owner is to pay the vendors for materials and
equipment
C. A contract that requires the client to pay the contractor for all labor and
materials at a pre-negotiated rate Ans✓✓-A contract that requires the client to
pay the contractor for all labor and materials at a pre-negotiated rate
Of the three contracts LS, LSTK, and GMP, which once affords the most protection
financially and allows the owner to secure investors and loans?
A. GMP
B. All of these answers
C. LSTK
D. LS Ans✓✓-GMP
What are examples of construction contract clauses for escalation?
A. Fuel and gas
B. Steel
C. Construction materials and equipment
D. All of these answers Ans✓✓-All of these answers
What does Indemnification mean?
A. Holds the owner responsible for any injuries after the project is over
, B. The responsibility of the contractor for any damages or loss incurred by the
owner due to the work of the contractor
C. Legal term to hold the owner responsible for Prime Contractor negligence
Ans✓✓-The responsibility of the contractor for any damages or loss incurred by
the owner due to the work of the contractor
Select the best definition for labor and materials.
A. Specific to only construction and small business contracts
B. Only used in State and not Federal Contracting language
C. A contractor who is responsible for procuring the materials, as well as any costs
associated with the labor and materials needed to complete the work Ans✓✓-A
contractor who is responsible for procuring the materials, as well as any costs
associated with the labor and materials needed to complete the work
The advantage of cost plus is that the Prime Contractor will incur a profit. (T/F)
Ans✓✓-True
Timeline is defined by which of the following.
A. Finish Date
B. Start Date
C. Both Ans✓✓-Both
What is a Design Bid Build contract?
A. All of these answers
B. The process that saves the owner time and money by combining the design and
construction
The Owner can specify in the contract how and what subcontractors can be
sourced for the project. (T/F) Ans✓✓-True
Select the best definition for General Contractor.
A. The Company that tells everyone on the project how and when to perform B.
The company or individual responsible for overseeing the construction process
and managing any subcontractors, if applicable
C. The Company that performs the Front-End Loading and Engineering design
Ans✓✓-The company or individual responsible for overseeing the construction
process and managing any subcontractors, if applicable
What are examples of contract documents?
A. Blueprints
B. Scope of Work
C. Design drawings
D. All of these answers
E. Technical specifications Ans✓✓-All of these answers
What is a Guaranteed Maximum Price contract?
A. The maximum amount the owner will have to pay the contractor is capped and
is not to exceed
B. The maximum price the owner is to pay the vendors for materials and
equipment
C. The maximum price the owner is to pay the subcontractor Ans✓✓-The
maximum amount the owner will have to pay the contractor is capped and is not
to exceed
,What is a Design Bid contract?
A. A contract method that addresses design and construction costs
simultaneously
B. A contract method that uses fast-tracking incentives as the basis of the contract
C. A contract method that bids after design Ans✓✓-A contract method that
addresses design and construction costs simultaneously
A strong construction contract will outline the project's scope and leave little to
no room for which of the following.
A. Confusion on either side
B. Additional addendums
C. Red-line drawings Ans✓✓-Confusion on either side
Select the best definition for change request.
A. Describes how any requested changes will be communicated to the general
contractor, as well as any fees required for change orders and timelines for when
changes can be requested and handled
B. A request for better working conditions and pay
C. A request for additional work Ans✓✓-Describes how any requested changes
will be communicated to the general contractor, as well as any fees required for
change orders and timelines for when changes can be requested and handled
The right to subcontract any project work has to be outlined by which of the
following. Select all that apply.
A. The Prime Contractor
B. The contract
,C. The Owner Ans✓✓-The contract
What is a Time and Materials contract?
A. The maximum price the owner is to pay the subcontractor
B. The maximum price the owner is to pay the vendors for materials and
equipment
C. A contract that requires the client to pay the contractor for all labor and
materials at a pre-negotiated rate Ans✓✓-A contract that requires the client to
pay the contractor for all labor and materials at a pre-negotiated rate
Of the three contracts LS, LSTK, and GMP, which once affords the most protection
financially and allows the owner to secure investors and loans?
A. GMP
B. All of these answers
C. LSTK
D. LS Ans✓✓-GMP
What are examples of construction contract clauses for escalation?
A. Fuel and gas
B. Steel
C. Construction materials and equipment
D. All of these answers Ans✓✓-All of these answers
What does Indemnification mean?
A. Holds the owner responsible for any injuries after the project is over
, B. The responsibility of the contractor for any damages or loss incurred by the
owner due to the work of the contractor
C. Legal term to hold the owner responsible for Prime Contractor negligence
Ans✓✓-The responsibility of the contractor for any damages or loss incurred by
the owner due to the work of the contractor
Select the best definition for labor and materials.
A. Specific to only construction and small business contracts
B. Only used in State and not Federal Contracting language
C. A contractor who is responsible for procuring the materials, as well as any costs
associated with the labor and materials needed to complete the work Ans✓✓-A
contractor who is responsible for procuring the materials, as well as any costs
associated with the labor and materials needed to complete the work
The advantage of cost plus is that the Prime Contractor will incur a profit. (T/F)
Ans✓✓-True
Timeline is defined by which of the following.
A. Finish Date
B. Start Date
C. Both Ans✓✓-Both
What is a Design Bid Build contract?
A. All of these answers
B. The process that saves the owner time and money by combining the design and
construction
