CM 3111 exam Questions and Answers | New
2025/2026 Update | With Complete Solutions
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.
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.
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.
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
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.
Square-foot
The _____ are written instructions concerning project requirements that describe the
quality of materials to be used and their performance.
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.
working drawings
A percentage of the payments from the owner to the contractor that is withheld for the
protection of the owner and suppliers:
Retainage
What is a type of insurance that a contractor should maintain?
a. Builder's Risk insurance
2025/2026 Update | With Complete Solutions
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.
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.
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.
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
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.
Square-foot
The _____ are written instructions concerning project requirements that describe the
quality of materials to be used and their performance.
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.
working drawings
A percentage of the payments from the owner to the contractor that is withheld for the
protection of the owner and suppliers:
Retainage
What is a type of insurance that a contractor should maintain?
a. Builder's Risk insurance
