CM 3111 Questions and Answers | New 2025/2026
Update | With Complete Solutions
contract documents
The ______ consist(s) of the invitation to bid, instructions to bidders, bid form, owner-contractor
agreement, general conditions of the contract, supplementary general conditions, technical
specifications, and the working drawings and form(s) the legal basis for the construction of the
project.
detailed estimate
The ______ includes determination of the quantities and costs of everything required to complete
the project. This includes the materials, labor, equipment, insurance, bonds, and overhead, as
well as an estimate of profit.
Negotiated bidding
______ 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 the project.
square-foot
______ estimates are prepared by multiplying the square footage of a building by a cost per
square foot and then adjusting the price to compensate for differences in the building heights,
length of the building perimeter, and other building components. These estimates require less
information to prepare and are less accurate.
, technical specifications
The ______ are written instructions concerning project requirements that describe the quality of
materials to be used and their performance.
working drawings
The ______ are the actual plans from which the project will be constructed. The contain the
dimension and location of building elements, the materials required, and delineate how they fit
together.
Builder's Risk Insurance, Life Insurance, Property Insurance
What is a type of insurance that a contractor should maintain?
retainage
A percent of the payments from the owner to the contractor that is withheld for the projection of
the owner and suppliers.
separate contracts
In this contracting scheme, the owner or their agents provide the coordination between the
contractors. Also, the owner signs separate agreements for the construction of various portions of
the project.
single contract
A ______ comprises all of the work required for the completion of a project and is the
responsibility of a single prime contractor.
Many architect/engineer offices send copies to all parties who have plans
Update | With Complete Solutions
contract documents
The ______ consist(s) of the invitation to bid, instructions to bidders, bid form, owner-contractor
agreement, general conditions of the contract, supplementary general conditions, technical
specifications, and the working drawings and form(s) the legal basis for the construction of the
project.
detailed estimate
The ______ includes determination of the quantities and costs of everything required to complete
the project. This includes the materials, labor, equipment, insurance, bonds, and overhead, as
well as an estimate of profit.
Negotiated bidding
______ 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 the project.
square-foot
______ estimates are prepared by multiplying the square footage of a building by a cost per
square foot and then adjusting the price to compensate for differences in the building heights,
length of the building perimeter, and other building components. These estimates require less
information to prepare and are less accurate.
, technical specifications
The ______ are written instructions concerning project requirements that describe the quality of
materials to be used and their performance.
working drawings
The ______ are the actual plans from which the project will be constructed. The contain the
dimension and location of building elements, the materials required, and delineate how they fit
together.
Builder's Risk Insurance, Life Insurance, Property Insurance
What is a type of insurance that a contractor should maintain?
retainage
A percent of the payments from the owner to the contractor that is withheld for the projection of
the owner and suppliers.
separate contracts
In this contracting scheme, the owner or their agents provide the coordination between the
contractors. Also, the owner signs separate agreements for the construction of various portions of
the project.
single contract
A ______ comprises all of the work required for the completion of a project and is the
responsibility of a single prime contractor.
Many architect/engineer offices send copies to all parties who have plans
