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Lump Sum, Unit Price, or Cost Plus Fee constitute the basis of:
A. Selection.
B. Payment.
C. Award.
D. Contract. - 🧠 ANSWER ✔✔B. Payment.
The Contract sum may be established by a combination of base bid items
including unit prices, allowances & alternates.
The payment-administration-process depends on the basis of payment
identified in the Contract Documents for various Contract items.
,While Lump Sum, Unit Price, Cost-Plus-Fee represent methods of
payment, they also refer to "Contract Types" within the PDPG, based on
the basis of payment.
Ref. PDPG- 13.12.3 & 7.1.6.
Ref. PDPG 2nd Ed. 13.10
Builder's risk insurance is typically provided by the:
A. Owner
B. A/E
C. Contractor
D. Each subcontractor - 🧠 ANSWER ✔✔A. Owner
Builder's risk insurance covers loses during the construction state arising
from the insured risk of fire, windstorm, collapse and theft. The Owner often
obtains the builder's risk insurance, because the Owner has the insurable
interest in the project. The term can be misleading because of the use of
,"builder", but the policy covers the completed work or stored materials that
that the Owner has paid for.
Ref. PDPG 11.3.20.3
True/False: Green building, as defined by the EPA, is the practice of
creating structures and using processes that are environmentally
responsible and resource-efficient throughout a building's life-cycle from
siting to design, construction, operation, maintenance, renovation and
deconstruction. This practice expands and complements the classical
building design concerns of economy, utility, durability, and comfort. Green
building is also known as a sustainable or high performance building. - 🧠
ANSWER ✔✔True.
Ref www.EPA.gov/greenbuiliding
Definition of an EPA Green Building:
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PRIVACY STATEMENT. ALL RIGHTS RESERVED
, Green building is the practice of creating structures and using processes
that are environmentally responsible and resource-efficient throughout a
building's life-cycle from siting to design, construction, operation,
maintenance, renovation and deconstruction.
This practice expands and complements the classical building design
concerns of economy, utility, durability, and comfort.
Green building is also known as a sustainable or high performance
building.
On construction drawings, graphic abstractions of items and materials used
in construction, usually not drawn to a particular scale, are:
A. Key plans.
B. Legends.
C. Reference symbols.
D. Schedules. - 🧠 ANSWER ✔✔C. Reference symbols.