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CM 3111 EXAM QUESTIONS WITH CORRECT ANSWERS 2026/2027
the ____________ consists of the invitation to bid, contract documents
instructions to bidders, bid form, owner-contractor
agreement, general conditions of the contract,
supplementary general conditions, technical
specifications, and the working drawings and forms
the legal basis for the construction of the project
a. competitive bid
b. quantity takeoff
c. detailed estimate
d. contract documents
the ____________ includes determination of the quantities detailed estimate
and costs of everything required to complete the
project. this includes the materials, labor, equipment,
insurance, bonds, and over head, as well as an estimate
of profit
a. running estimate
b. detailed estimate
c. square-foot estimate
d. estimate
_______________ involves the contractor working with the negotiated bidding
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
a. cooperative bidding
b. competitive bidding
c. financial biding
d. negotiated bidding
what additional skill must the estimator have to be able all of the
above 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 of 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
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d. all of the above
_______________ estimates are prepared by multiplying the square-foot
square footage of a building by a cost per square foot
and the adjusting the price to compensate for
differences in the building heights, length of the
building perimeter, and the other building
components. these estimates require less information
to prepare and are less accurate
a. space
b. detailed
c. running
d. square-foot
the _______ are written instructions concerning project technical specifications
requirements that describe the quality of materials to
be used and their performance
a. technical specifications
b. actual plans
c. working drawings
d. building manuals
the __________ are the actual plans from which the projects working
drawings will be constructed. they contain the dimensions and
locations of building elements, materials required,
and delineate how they fit together
a. technical specifications
b. working drawings
c. contract documents
d. detailed estimates
what is a type of insurance that a contractor should all of the
above maintain?
a. builders risk insurance
b. life insurance
c. property insurance
d. all of the above
a percentage of the payments from the owner to the retainage
contractor is withheld for the protection of the owner
and suppliers
a. safety net
b. retainage
c. kick-back
d. lump-sum
in this contracting scheme, the owner or their agent separate contracts
provide the coordination between the contractors, also,
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