1
FINAL ESTIMATES LEVEL 2 EXAM QUESTIONS
AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ||ALREADY GRADED A+||NEWEST
VERSION
Quiz: On multi FIN project numbers under one contract, the
Asphalt is reported on the certification, by the CONTRACTOR,
under what Project FIN Number?
Ans: The Contractor shows the Asphalt on the lead FIN project number
Quiz: A roadway is being constructed and has a Subsoil Excavation
Quantity of 835 CY, a Regular Excavation Quantity of 250 CY and an
embankment Quantity of 1040 CY. Based upon this information, the
Final Quantity to be paid for embankment will be?
Ans: 1875 CY
Quiz: Which Document is used to authorize payment from original
contingency Amount?
o
o
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Ans: Work Order
Quiz: Friction Course (FC-12.5) Straight edge Deficiency: A
straightedge deficiency was left in place at no pay. Calculate the
equivalent tonnage at no pay. ( pay to appropriate accuracy) Gmm=
2.417, thickness =1.5 inches, road width =12 feet, length of
deficiency = 5 ft. (this occurred 25 feet from the bridge deck)
Ans: 8.4 Tons
Quiz: Overruns or Underruns must be explained when?
Ans: A pay item overruns or underruns $10,000 or more.
Quiz: Prices are adjusted on each progress estimate to reflect
increases or decreases in the price of fuel for contracts with original
Contract Time:
o
o
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, 3
Ans: In excess of 120 calendar days.
Quiz: Which of the following is an authorized way to modify the
contract, once it has been executed?
Ans: Work Orders and Supplimental Agreements
Quiz: Of the Contract Documents listed below which one would
govern?
Ans: Special Provisions
Quiz: Why is it important to run a progress estimate soon after
Final Acceptance?
Ans: So the estimate can be paid through EED quickly to prevent interest.
Quiz: On Financial Project No.000101-1-52-01, which is a
conventional project, the notice to proceed is dated December 1,
o
o
© 2025 TestTrackers
WhatsApp or call o Resources & Updates: [Testtrackers - Stuvia US]
o Your Success is Our Mission!
[+ 254707240657]
o For online exams and tutor expert, please
whatsapp me in the number given.
FINAL ESTIMATES LEVEL 2 EXAM QUESTIONS
AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ||ALREADY GRADED A+||NEWEST
VERSION
Quiz: On multi FIN project numbers under one contract, the
Asphalt is reported on the certification, by the CONTRACTOR,
under what Project FIN Number?
Ans: The Contractor shows the Asphalt on the lead FIN project number
Quiz: A roadway is being constructed and has a Subsoil Excavation
Quantity of 835 CY, a Regular Excavation Quantity of 250 CY and an
embankment Quantity of 1040 CY. Based upon this information, the
Final Quantity to be paid for embankment will be?
Ans: 1875 CY
Quiz: Which Document is used to authorize payment from original
contingency Amount?
o
o
© 2025 TestTrackers
WhatsApp or call o Resources & Updates: [Testtrackers - Stuvia US]
o Your Success is Our Mission!
[+ 254707240657]
o For online exams and tutor expert, please
whatsapp me in the number given.
,2
Ans: Work Order
Quiz: Friction Course (FC-12.5) Straight edge Deficiency: A
straightedge deficiency was left in place at no pay. Calculate the
equivalent tonnage at no pay. ( pay to appropriate accuracy) Gmm=
2.417, thickness =1.5 inches, road width =12 feet, length of
deficiency = 5 ft. (this occurred 25 feet from the bridge deck)
Ans: 8.4 Tons
Quiz: Overruns or Underruns must be explained when?
Ans: A pay item overruns or underruns $10,000 or more.
Quiz: Prices are adjusted on each progress estimate to reflect
increases or decreases in the price of fuel for contracts with original
Contract Time:
o
o
© 2025 TestTrackers
WhatsApp or call o Resources & Updates: [Testtrackers - Stuvia US]
o Your Success is Our Mission!
[+ 254707240657]
o For online exams and tutor expert, please
whatsapp me in the number given.
, 3
Ans: In excess of 120 calendar days.
Quiz: Which of the following is an authorized way to modify the
contract, once it has been executed?
Ans: Work Orders and Supplimental Agreements
Quiz: Of the Contract Documents listed below which one would
govern?
Ans: Special Provisions
Quiz: Why is it important to run a progress estimate soon after
Final Acceptance?
Ans: So the estimate can be paid through EED quickly to prevent interest.
Quiz: On Financial Project No.000101-1-52-01, which is a
conventional project, the notice to proceed is dated December 1,
o
o
© 2025 TestTrackers
WhatsApp or call o Resources & Updates: [Testtrackers - Stuvia US]
o Your Success is Our Mission!
[+ 254707240657]
o For online exams and tutor expert, please
whatsapp me in the number given.
