Florida General Contractor Guide 5

Question 1

What must a contractor obtain from the building department before occupants can legally use a new building?

Accepted Answer

Certificate of Occupancy (CO)

Answer

A Certificate of Occupancy is issued after final inspection, permitting lawful occupancy.

Question 2

In competitive bidding, the lowest 'responsible and responsive' bidder is one who:

Accepted Answer

Meets all bid requirements and is capable of performing

Answer

A responsive bidder complies with the bid terms, and a responsible bidder has the capacity to perform.

Question 3

A performance bond in a construction contract primarily protects:

Accepted Answer

The owner against contractor default

Answer

A performance bond guarantees the project is completed if the contractor defaults.

Question 4

Retainage in a construction contract refers to:

Accepted Answer

A percentage of payment withheld until completion

Answer

Retainage is money withheld from progress payments until the work is satisfactorily completed.

Question 5

Which document defines the detailed technical requirements and quality of materials for a project?

Accepted Answer

The specifications

Answer

Specifications describe the quality, materials, and workmanship standards for the project.

Florida General Contractor Practice Test