Planning and Estimating Flashcards
7 cards from real General Contractor License practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Planning and Estimating flashcards as text
A subcontractor's bid is missing clarifications on exclusions. What should the GC do before including it in the bid?
Answer: Contact the subcontractor to clarify scope before bid day
The GC must clarify scope gaps with subcontractors before bid submission to avoid costly scope gaps or disputes during construction.
What is the function of general conditions (general requirements) in a cost estimate?
Answer: They cover project-wide costs like supervision, temporary facilities, and insurance
General conditions costs cover project management, site office, utilities, safety, and other overhead costs tied to the project duration.
What is meant by 'phased construction' in project planning?
Answer: Breaking the project into sequential stages to allow early occupancy or faster completion
Phased construction sequences the work so that completed portions can be occupied or used while the rest of the project continues.
When a contractor reviews an RFI (Request for Information) during estimating, what is its purpose?
Answer: To seek clarification on ambiguous or missing information in the bid documents
An RFI formally asks the designer or owner to clarify unclear, conflicting, or missing information in the project documents.
What does 'bid shopping' refer to, and why is it considered unethical?
Answer: Revealing a subcontractor's price to competitors to drive it lower, which undermines trust
Bid shopping is using one sub's number to pressure others to undercut it, which is widely considered unethical and can damage long-term relationships.
In a CPM schedule, activities on the critical path have float equal to:
Answer: Zero
By definition, all activities on the critical path have zero float — any delay to them directly delays the project end date.
What is a 'bid bond' and when is it typically required?
Answer: A surety bond guaranteeing the contractor will honor the bid price if awarded the contract
A bid bond is a surety instrument that protects the owner if the low bidder refuses to enter the contract, typically required on public projects.