NASCLA PRACTICE EXAM 1 2024|
Balance sheet, income statement, statement of cashflow ANSW - Three types of financial statements
Sustainable practices ANSW - specifically consider a building project's long term impact on the
environment
Board feet ANSW - The volume of wood needed for a project
Design-Build method of project delivery ANSW - Owner contracts with one entity to provide both design
and construction services. Design-build firm subcontracts as necessary.
Unit Price Contract ANSW - An agreement that divides a contract into various quantities of work
categories for the contractor to perform
cost-plus contracts ANSW - adding a standard markup (set percentage added) to the cost of the product
rather than have companies compete for the lowest bid; allowed for faster mobilization because
companies made higher profits from producing more/fast
Labor rate ANSW - The most difficult factor to determine the ___ because both the hourly wage rate and
crew productivity must be considered
Turnkey contract ANSW - a method of organizing a building project in which a contractor and a designer
agree to provide a finished building at an agreed-upon price.
1/4 inch tolerance ANSW - The tolerance for the spacing of trusses along bearing support must be
within plan dimension. Field conditions that force spacing beyond this tolerance shall be reviewed and
approved by the Building Designer and Truss Designer
300 psi ANSW - Adobe average compressive strength
Balance sheet, income statement, statement of cashflow ANSW - Three types of financial statements
Sustainable practices ANSW - specifically consider a building project's long term impact on the
environment
Board feet ANSW - The volume of wood needed for a project
Design-Build method of project delivery ANSW - Owner contracts with one entity to provide both design
and construction services. Design-build firm subcontracts as necessary.
Unit Price Contract ANSW - An agreement that divides a contract into various quantities of work
categories for the contractor to perform
cost-plus contracts ANSW - adding a standard markup (set percentage added) to the cost of the product
rather than have companies compete for the lowest bid; allowed for faster mobilization because
companies made higher profits from producing more/fast
Labor rate ANSW - The most difficult factor to determine the ___ because both the hourly wage rate and
crew productivity must be considered
Turnkey contract ANSW - a method of organizing a building project in which a contractor and a designer
agree to provide a finished building at an agreed-upon price.
1/4 inch tolerance ANSW - The tolerance for the spacing of trusses along bearing support must be
within plan dimension. Field conditions that force spacing beyond this tolerance shall be reviewed and
approved by the Building Designer and Truss Designer
300 psi ANSW - Adobe average compressive strength
