1) What is the term used to describe the process of investigating the capability
ID: 1712743 • Letter: 1
Question
1) What is the term used to describe the process of investigating the capability of contractors prior to being selected to bid on an upcoming project?
a. bonding b. prequalification c. Request for proposal d. licensing e. certification
2) Unbalancing the bid is a practice that is more commonly used with?
a.Lump sum contract b.Unit price contract c. cost reimbursable d. GMP contracts
3) Evaluate and finalize mechanical and electrical system task is performed during ........ phase
a. conceptual planning b. schematic design c. design development d. construction documents e. bidding and award
4) Changes that are made during the construction project are called......
a. Addenda b. Variation Orders C. A& B D. None of the above
5) ................. is a process by which the quality of a product is reduced to save the owner money and time.
a. constructability analysis
b. Value Engineering
c. construction management
d. all of the above
e. none of the above
Explanation / Answer
1) What is the term used to describe the process of investigating the capability of contractors prior to being selected to bid on an upcoming project
Ans b Prequalification
In prequalification, it is investigated whether the contractor has done some previous work related to the project.
2) Unbalancing the bid is a practice that is more commonly used with?
Ans- b.Unit price contract
Unbalanced Bid is when contractor move some amount of money from one item to another. For example In Unit price, a contractor may move some amount of money for cement to buy steel.
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