$24.$ Contractors choose not to bid projects for many reasons. Choose all that may be reasons not to bid.

Question $24$ options:

The contractor is unlikely to be the low bidder.

The reputation of the owner and$/$or design professional is that they are difficult to work with.

The contractor does not have the bonding capacity available.

The contractor does not have enough work.

$23.$ There are many documents included in contract documents. Choose all that would be included from the partial list below.

Question $23$ options:

technical specifications

bid form

instructions to bidders

general and supplementary conditions

addenda

$21.$Home office overhead includes many things. Choose all that would be included from the following list.

Question $21$ options:

Cost of Estimating Staff

Accounting Services

Temporary Utilities

Home office rent

Order the following types of estimate from least accurate at #$1$ to most accurate as #$4$

Question $15$ options:

Project Comparison

Detailed

Square Foot

Parametric

$9.$ Order the following steps to plan an estimate from first to last.

Question $9$ options:

Site Visit

Review Construction Documents

Divide Work Packages

Quantity Take$-$Off

Invitation to Bid

$8.$ n what type of contract does the contractor agree to construct the project in accordance with the contract documents for a set price.

Question $8$ options:

Unit Price Contract

Time & Materials Contract

Lump Sum Contract

Job Order Contract

$3.$ Most large contracts use $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ method for owners to pay contractors.

Question $3$ options:

quality of work

time and materials

lump sum

progress payment

$2.$ BIM modeling will move estimating risk from the contractor to the design professional.

Question $2$ options:

True

False