PRACTICE TEST (2026/2027)
UPDATE|EXAM
QUESTIONS WITH MULTIPLE
CHOICES |VERIFIED & REVISED
ANSWERS (NEW)!!!
Basedmonmthemguidemquantitymofm100mCYmonmambidmdocumentmformrockmexcavation,mamcontractorm
bidmamunitmpricemofm$20/CY.mIfmthemowner'smrepresentativemdeterminedmthatmthemcontractormexca
vatedm85mCYmofmrockmduringmconstruction,mhowmmuchmwillmthemcontractormgetmpaid?
(a).m$2000
(b).m$1700
(c).m$300
(d).m$1800m-mCORRECTmANSWERm(b)
Whichmofmthemfollowingmdocumentsmaremincludedminmthembidmpackage?
I.mProposalmForm
II.mSpecialmConditions
III.mTechnicalmSpecifications
IV.mGeneralmConditions
V.mBidmBond
(a).mI,mII,mandmIII
(b).mII,mIII,mandmIV
(c).mI,mII,mIV,mandmV
(d).mI,mII,mIII,mandmIVm-mCORRECTmANSWERm(d)
,Themdocumentmrequestedmbymthemownermasmamprotectionmagainstmthemriskmofmthemcontractormnot
macceptingmthemjobmoncemawardedmthemprojectmis
(a).mInsurance
(b).mPerformancemBond
(c).mBidmBond
(d).mPaymentmBondm-mCORRECTmANSWERm(c)
Whichmofmthemfollowingmwouldmnotmbemconsideredmanmexcusablemdelay?
(a).mLabormStrikes
(b).mReviewmprocessmdelays
(c).mAmhurricanemclosingmamportmdelayingmdeliverymofmmaterials
(d).mDeathmofmamcontractorm-mCORRECTmANSWERm(b)
Themtypicallym30-
90mdaysmperiodmaftermthembidmopeningmwheremthemcontractormismboundmbymtheirmbidmismcalled
(a).mAcceptancemperiod
(b).mBidmperiod
(c).mAnxietymperiod
(d).mRiskmperiodm-mCORRECTmANSWERm(a)
Themproceduremthatmallowsmamcontractormtomproposemchangesmtomthemdesignmwithmthemapprovalm
ofmthemdesignermtomsavemtimemand/ormmoneymismcalledm
(a).mProcessmEngineering
(b).mValuemEngineering
(c).mDesignmbuildmengineering
(d).mCostmengineeringm-mCORRECTmANSWERm(b)
, Whichmofmthemfollowingmdocumentsmdeterminesmthemzeromdaymofmthemprojectmformschedulingmpur
poses?
(a).mProposalmForm
(b).mFormalmcontract
(c).mNoticemtombidders
(d).mNoticemtomproceedm-mCORRECTmANSWERm(d)
Themamountmheldmbackmfrommthempaymentsmtomgivemthemcontractormanmincentivemtomfinishmthemj
obmonmtimemismcalled
(a).mRetainage
(b).mEscrow
(c).mProgressmPayment
(d).mLiquidatedmdamagesm-mCORRECTmANSWERm(a)
Whichmofmthemfollowingmtypesmofmcontractsmrequiremthemcontractormtomcarrymthemriskmofmincrease
dmcosts
(a).mCostm+m%fee
(b).mCostm+mfixedmfee
(c).mTargetmpricemwithmprofitmsharing
(d).mGMPm-mCORRECTmANSWERm(d)
Whichmofmthemfollowingmismincludedminmamlumpmsummbidmprice?
(a).mDirectmcostmofmconstruction
(b).mIndirectmcostsmofmconstruction
(c).mchangemorders
(d).mHomemofficemoverheadm-mCORRECTmANSWERm(a),m(b),m(d)