CM 3111 EXAM 1 QUESTIONS AND ACCURATE
ANSWERS
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. - Answers - contract documents
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. - Answers - detailed estimate
_____ 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. - Answers - Negotiated bidding
What additional skill must the estimator have to be able to take a quantity survey and
turn it into a detailed estimate?
a. Must be able to use computer hardware and software and know how to manipulate
the various databases available or how to build databases.
b. Must have sufficient knowledge or labor performance and operations so that he can
convert them into costs on a project.
c. Must be able, from looking at drawings, to visualize the project through the various
phases of construction.
d. All of the above - Answers - d. All of the above
_____ 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. - Answers -
Square-foot
The _____ are written instructions concerning project requirements that describe the
quality of materials to be used and their performance. - Answers - technical
specifications
The _____ are the actual plans from which the project will be constructed. They contain
the dimensions and locations of building elements, the materials required, and delineate
how they fit together. - Answers - working drawings
A percentage of the payments from the owner to the contractor that is withheld for the
protection of the owner and suppliers: - Answers - Retainage
, What is a type of insurance that a contractor should maintain?
a. Builder's Risk insurance
b. Life insurance
c. Property insurance
d. All of the above - Answers - d. All of the above
In this contracting scheme, the owner or their agents provide the coordination between
the contractor. Also, the owner signs separate agreements for the construction of
various portions of the project. - Answers - Separate Contracts
A _____ comprises all of the work required for the completion of a project and is the
responsibility of a single prime contractor. - Answers - single contract
Why is it important that the estimator be certain that all addenda have been received
before submitting a bid? - Answers - Many architect/engineer offices send copies to all
parties who have plans (including the planning rooms).
_____ should be prepared carefully and thoroughly because they are often used as part
of the price used to determine who will be awarded the contract. In addition, if selected
by the owner they become part of the contract documents. - Answers - Alternates
What type of information is provided in the invitation to bid?
a. It will give the place where bidding documents are available and list the time, manner,
and place where bids will be received.
b. The invitation describes the location, extent, and nature of the work.
c. It will list bond requirements and start and completion days of work.
d. All of the above - Answers - d. All of the above
What type of information is found in the project manual?
a. Bid forms
b. General conditions of the project
c. Form of bid bond
d. All of the above - Answers - d. All of the above
What information is contained in the specifications (technical specifications) of the
project manual?
A. Cost of materials required
B. Type of Materials Required
C. Amount of materials required
D. All of the Above - Answers - B. Type of materials required
Select the false statement. Each statement builds on the previous one.
a. Any amendments, modifications, revisions, corrections, and explanations issued by
the architect/engineer during the bidding period are effected by issuing the addenda.
ANSWERS
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. - Answers - contract documents
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. - Answers - detailed estimate
_____ 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. - Answers - Negotiated bidding
What additional skill must the estimator have to be able to take a quantity survey and
turn it into a detailed estimate?
a. Must be able to use computer hardware and software and know how to manipulate
the various databases available or how to build databases.
b. Must have sufficient knowledge or labor performance and operations so that he can
convert them into costs on a project.
c. Must be able, from looking at drawings, to visualize the project through the various
phases of construction.
d. All of the above - Answers - d. All of the above
_____ 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. - Answers -
Square-foot
The _____ are written instructions concerning project requirements that describe the
quality of materials to be used and their performance. - Answers - technical
specifications
The _____ are the actual plans from which the project will be constructed. They contain
the dimensions and locations of building elements, the materials required, and delineate
how they fit together. - Answers - working drawings
A percentage of the payments from the owner to the contractor that is withheld for the
protection of the owner and suppliers: - Answers - Retainage
, What is a type of insurance that a contractor should maintain?
a. Builder's Risk insurance
b. Life insurance
c. Property insurance
d. All of the above - Answers - d. All of the above
In this contracting scheme, the owner or their agents provide the coordination between
the contractor. Also, the owner signs separate agreements for the construction of
various portions of the project. - Answers - Separate Contracts
A _____ comprises all of the work required for the completion of a project and is the
responsibility of a single prime contractor. - Answers - single contract
Why is it important that the estimator be certain that all addenda have been received
before submitting a bid? - Answers - Many architect/engineer offices send copies to all
parties who have plans (including the planning rooms).
_____ should be prepared carefully and thoroughly because they are often used as part
of the price used to determine who will be awarded the contract. In addition, if selected
by the owner they become part of the contract documents. - Answers - Alternates
What type of information is provided in the invitation to bid?
a. It will give the place where bidding documents are available and list the time, manner,
and place where bids will be received.
b. The invitation describes the location, extent, and nature of the work.
c. It will list bond requirements and start and completion days of work.
d. All of the above - Answers - d. All of the above
What type of information is found in the project manual?
a. Bid forms
b. General conditions of the project
c. Form of bid bond
d. All of the above - Answers - d. All of the above
What information is contained in the specifications (technical specifications) of the
project manual?
A. Cost of materials required
B. Type of Materials Required
C. Amount of materials required
D. All of the Above - Answers - B. Type of materials required
Select the false statement. Each statement builds on the previous one.
a. Any amendments, modifications, revisions, corrections, and explanations issued by
the architect/engineer during the bidding period are effected by issuing the addenda.
