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EXAC Exam 4 Questions and Correct
Answers/ Latest Update / Already Graded
Design-Bid-Build
Ans: CCDC 2 - Stipulated Price Contract
CCDC 3 - Cost Plus
CCDC 4 - Unit Cost
Advantages:
- Widespread use / familiarity
- Clear roles
- Transparent process
- Thorough design resolution prior to construction
- Direct professional relationship
- Known price prior to construction
Disadvantages:
- Separation of design and construction restricts useful
communication
- Extras appear more prevalent
- Contractor unknown
- Low bidder may not be best
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Construction Managed
Ans: CCDC 5A - CM Contract for Services
CCDC 5B - CM Contract for Services and Work
Advantages
- Direct contractual relationship with owner
- Construction advice during design phase
- Call bids sequentially, save time
- Careful monitoring of costs / schedule
Disadvantages
- Construction starts before costs known
- Added cost and time for additional consultant
- More complex relationship, traditional roles confused
- Less control over final costs
- Conflict of interest if CM doing work
- Multiple construction contracts increase admin
Design Build
Ans: CCDC 14
Advantages
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- Functional program / owners decisions early
- Cost benefit analysis early
- Immediate feedback on design
- Streamline process increases efficiency
- Team approach reinforced
Disadvantages
- Responsibility of design shifts from owner to design builder
- Decisions based on initial cost, not long term value
- Cost determined before design complete
- Architects role is reduces
- Potential for conflict between regulated architect and
unregulated contractor
- Lack of communication b/w architect and contractor
- Conflict of interest if client/builder are one
Public Private Partnership
Ans: A business venture approach whereby a public sector
authority and a private enterprise join forces and combine
resources to deliver government projects aimed at serving the
public good
Advantages
All rights reserved © 2025/ 2026 |
EXAC Exam 4 Questions and Correct
Answers/ Latest Update / Already Graded
Design-Bid-Build
Ans: CCDC 2 - Stipulated Price Contract
CCDC 3 - Cost Plus
CCDC 4 - Unit Cost
Advantages:
- Widespread use / familiarity
- Clear roles
- Transparent process
- Thorough design resolution prior to construction
- Direct professional relationship
- Known price prior to construction
Disadvantages:
- Separation of design and construction restricts useful
communication
- Extras appear more prevalent
- Contractor unknown
- Low bidder may not be best
All rights reserved © 2025/ 2026 |
, Page |2
Construction Managed
Ans: CCDC 5A - CM Contract for Services
CCDC 5B - CM Contract for Services and Work
Advantages
- Direct contractual relationship with owner
- Construction advice during design phase
- Call bids sequentially, save time
- Careful monitoring of costs / schedule
Disadvantages
- Construction starts before costs known
- Added cost and time for additional consultant
- More complex relationship, traditional roles confused
- Less control over final costs
- Conflict of interest if CM doing work
- Multiple construction contracts increase admin
Design Build
Ans: CCDC 14
Advantages
All rights reserved © 2025/ 2026 |
, Page |3
- Functional program / owners decisions early
- Cost benefit analysis early
- Immediate feedback on design
- Streamline process increases efficiency
- Team approach reinforced
Disadvantages
- Responsibility of design shifts from owner to design builder
- Decisions based on initial cost, not long term value
- Cost determined before design complete
- Architects role is reduces
- Potential for conflict between regulated architect and
unregulated contractor
- Lack of communication b/w architect and contractor
- Conflict of interest if client/builder are one
Public Private Partnership
Ans: A business venture approach whereby a public sector
authority and a private enterprise join forces and combine
resources to deliver government projects aimed at serving the
public good
Advantages
All rights reserved © 2025/ 2026 |
