CM 443 Conceptual Est.-QUESTIONS WITH
ANSWERS| 2026 | 100% Correct
True
A contractor's estimating department is responsible for identifying the goals and objectives of the
department.
Pre-Solicitation Notice
Agencies of the U.S. government use a standard form called the "____" to provide bid
information.
advertisements in newspapers
All of the following are considered primary sources of information for private bids EXCEPT:
prequalified
A method of addressing the problem of bids from contractors of questionable capability is to call
for bids from ____ contractors only.
query list
A method of handling the problem of review questions is to compile a list of all the questions
that arise, the ____, then later send a single e-mail to the prime consultant to deal with all the
items that have accumulated.
False
An effective way to plan estimating operations is to use a simple line chart form of time
schedule.
,True
Construction groups in major cities have formed associations or plan service centers where both
public and private bodies may deposit plans and specifications of projects calling for bids.
False
General clauses that have a significant impact on the cost of the work are often found in the
"back end" of specifications in the review process.
True
If an estimator does not know exactly what the computer is accomplishing in the preparation of
an estimate, the estimator will not be in control of the process.
False
In a closed bid system, the number of companies invited to bid is typically limited to no more
than ten contractors who are known to the owner or designers and who meet the qualification
criteria set by the owner.
False
In closed bidding, there is little restriction on who can submit a bid on the work.
True
Managing the estimating process includes keeping bid records, scheduling the estimator's time,
and carefully reviewing bid documents when they are obtained.
False
Many government agencies are reluctant to publish bid notices on the Internet.
,a day or two
Most companies hold an estimate review usually ___________ before the bid is due to be
submitted.
True
On most projects general contractors request two complete sets of bid documents for estimating a
project.
the amount of fee to include in the bid price
Perhaps the most important item considered at the estimate review is ____.
closed bid
Private owners often directly invite contractors to bid on their construction projects in a system
known as a(n) ____ system.
addenda
Significant details provided in response to questions about a bid will be incorporated into written
directives that are distributed to all bidders in publications known as ____.
web pages of government agencies
Which of the following is a primary source of information regarding bid calls for public works?
chief estimator
While an experienced estimator will certainly know what to look for and assess when
investigating the site, the presence of the ____ or a project superintendent on the visit will
always be valuable if only to offer alternative viewpoints in the evaluation of the data.
, quantity takeoff
A ____ is a process of measuring the work of a project in the form of a list of quantified work
items measured in accordance with a uniform set of rules.
False
A materials takeoff generally provides sufficient information for pricing.
True
An estimate begins with a quantity takeoff.
assembly
A(n) ____ is a component of the work that can be considered separately from the other parts of
the work.
True
A perimeter length is calculated from the figured dimensions that are provided on the plan of the
structure.
True
A single centerline value can be used many times over in takeoff calculations.
<>
Deductions listed with the dimensions are written in red or enclosed in ____ and noted as
deductions.
length, width, and depth
ANSWERS| 2026 | 100% Correct
True
A contractor's estimating department is responsible for identifying the goals and objectives of the
department.
Pre-Solicitation Notice
Agencies of the U.S. government use a standard form called the "____" to provide bid
information.
advertisements in newspapers
All of the following are considered primary sources of information for private bids EXCEPT:
prequalified
A method of addressing the problem of bids from contractors of questionable capability is to call
for bids from ____ contractors only.
query list
A method of handling the problem of review questions is to compile a list of all the questions
that arise, the ____, then later send a single e-mail to the prime consultant to deal with all the
items that have accumulated.
False
An effective way to plan estimating operations is to use a simple line chart form of time
schedule.
,True
Construction groups in major cities have formed associations or plan service centers where both
public and private bodies may deposit plans and specifications of projects calling for bids.
False
General clauses that have a significant impact on the cost of the work are often found in the
"back end" of specifications in the review process.
True
If an estimator does not know exactly what the computer is accomplishing in the preparation of
an estimate, the estimator will not be in control of the process.
False
In a closed bid system, the number of companies invited to bid is typically limited to no more
than ten contractors who are known to the owner or designers and who meet the qualification
criteria set by the owner.
False
In closed bidding, there is little restriction on who can submit a bid on the work.
True
Managing the estimating process includes keeping bid records, scheduling the estimator's time,
and carefully reviewing bid documents when they are obtained.
False
Many government agencies are reluctant to publish bid notices on the Internet.
,a day or two
Most companies hold an estimate review usually ___________ before the bid is due to be
submitted.
True
On most projects general contractors request two complete sets of bid documents for estimating a
project.
the amount of fee to include in the bid price
Perhaps the most important item considered at the estimate review is ____.
closed bid
Private owners often directly invite contractors to bid on their construction projects in a system
known as a(n) ____ system.
addenda
Significant details provided in response to questions about a bid will be incorporated into written
directives that are distributed to all bidders in publications known as ____.
web pages of government agencies
Which of the following is a primary source of information regarding bid calls for public works?
chief estimator
While an experienced estimator will certainly know what to look for and assess when
investigating the site, the presence of the ____ or a project superintendent on the visit will
always be valuable if only to offer alternative viewpoints in the evaluation of the data.
, quantity takeoff
A ____ is a process of measuring the work of a project in the form of a list of quantified work
items measured in accordance with a uniform set of rules.
False
A materials takeoff generally provides sufficient information for pricing.
True
An estimate begins with a quantity takeoff.
assembly
A(n) ____ is a component of the work that can be considered separately from the other parts of
the work.
True
A perimeter length is calculated from the figured dimensions that are provided on the plan of the
structure.
True
A single centerline value can be used many times over in takeoff calculations.
<>
Deductions listed with the dimensions are written in red or enclosed in ____ and noted as
deductions.
length, width, and depth
