CC Estimating and Bidding 2

Question 1

When a general contractor includes a subcontractor's price in a bid without the subcontractor's consent, this is known as:

Accepted Answer

Bid shopping

Answer

Bid shopping occurs when a general contractor uses a subcontractor's price in the bid and then, after winning, shops that price to other subcontractors to get a lower number.

Question 2

Which cost is considered a 'direct cost' in construction estimating?

Accepted Answer

Labor to install drywall

Answer

Direct costs are expenses that can be directly traced to a specific project, such as labor, materials, and equipment used for that project's specific tasks.

Question 3

What is the purpose of an addendum issued during the bidding period?

Accepted Answer

To modify or clarify the bidding documents before bids are submitted

Answer

An addendum is issued by the owner or architect during the bidding period to clarify, correct, or modify the original bidding documents, and all bidders must incorporate it into their proposals.

Question 4

The 'unit price' method of bidding is most commonly used when:

Accepted Answer

The quantity of work is uncertain but the type of work is known

Answer

Unit price bidding is used when the type of work is known but exact quantities may vary, allowing payment based on actual units of work completed rather than a fixed lump sum.

Question 5

A contractor submitting the lowest bid on a public project is typically awarded the contract unless:

Accepted Answer

The bid is unreasonably low or the contractor is not responsible

Answer

Public agencies must award to the lowest responsive and responsible bidder, but may reject a bid if it is unreasonably low (suggesting errors) or if the contractor is not qualified.

CC - Contractor Certificate Practice Test

CC - Contractor Certificate Practice Test

CC Estimating and Bidding 2