Costing, Procurement, Tendering (4 marks)

Question 1

At the end of the Concept Design stage of a project, indicative outline costs of a project can be prepared by:

a) The Quantity Surveyor using a single line estimate

b) The Quantity Surveyor using an abbreviated elemental estimate

c) The Quantity Surveyor using an abbreviated elemental estimate or the Architect using a single line estimate

d) The Quantity Surveyor using a detailed elemental estimate or the Architect using an abbreviated elemental estimate

Answer 1

c) The Quantity Surveyor using an abbreviated elemental estimate or the Architect using a single line estimate

Question 2

When a client relays a budget to the Architect, which of the following needs to be established:

a) If the Consultants’ fees are included or additional

b) If GST is included or additional

c) If GST and Consultants’ fees are included or additional

d) If GST, Consultants’ fees, project costs and fit out items are included or additional

Answer 2

d) If GST, Consultants’ fees, project costs and fit out items are included or additional

Question 3

The most accurate estimates for building costs at the Detailed Design stage of a project are produced by:

a) The Quantity Surveyor

b) The Cadastral Surveyor

c) The Architect

d) The Contractor

Answer 3

a) The Quantity Surveyor

Question 4

An abbreviated elemental cost estimate for a housing project:

a) Is based on using rates per metre squared to calculate costs

b) Is based on costing 4-5 key elements

c) Is based on costing 12-13 key elements

d) Is based on costing 20-50 key elements

Answer 4

c) Is based on costing 12-13 key elements

Question 5

A Schedule of Quantities:

a) Is always used on large construction projects

b) Is prepared by the architect

c) Saves time for the chosen contractors when pricing tenders

d) Is used to establish the costs of a project in the developed design stage

Answer 5

c) Saves time for the chosen contractors when pricing tenders

Question 6

Fit out items:

a) Are always included in the Architect’s price of the building

b) Are always excluded in the Architect’s price of the building

c) Are either included or excluded as noted in the Architect’s price of the building

d) Are either included or excluded as noted in the cost plan of the building

Answer 6

d) Are either included or excluded as noted in the cost plan of the building

Question 7

At the Concept Design stage of a project, outline indicative costs of the project can most easily be given by:

a) The Quantity Surveyor using a detailed elemental estimate or the Architect using an abbreviated elemental estimate

b) The Quantity Surveyor using a single line estimate

c) The Quantity Surveyor using an abbreviated elemental estimate

d) The Quantity Surveyor using an abbreviated elemental estimate or the Architect using a single line estimate

Answer 7

d) The Quantity Surveyor using an abbreviated elemental estimate or the Architect using a single line estimate

Question 8

$/m2 cost estimates:

a) Are often used by Architects to establish the first order of cost for a project where set rates are used

b) Are often used by Architects to establish the first order of cost for a project where rates need to be carefully chosen to suit the project

c) Are often used by Quantity Surveyors to establish the first order of cost for a project

d) Are often used by Architects right the way through all of the project stages

Answer 8

b) Are often used by Architects to establish the first order of cost for a project where rates need to be carefully chosen to suit the project

Question 9

An abbreviated elemental cost estimate for a housing project:

a) Is based on using rates per metre squared to calculate costs

b) Is based on costing 4-5 key elements

c) Is based on costing 12-13 key elements

d) Is based on costing 20-50 key elements

Answer 9

c) Is based on costing 12-13 key elements

Question 10

When a client relays a budget to the Architect, which of the following needs to be established:

a) If the Consultants’ fees are included or additional

b) If GST is included or additional

c) If GST and Consultants’ fees are included or additional

d) If GST, Consultants’ fees, project costs and fit out items are included or additional

Answer 10

d) If GST, Consultants’ fees, project costs and fit out items are included or additional

Question 11

In a design and build contract:

a) The Architect employs the Contractor

b) The Contractor employs the Architect, either as part of their company or as a consultant to the construction company

c) The Contractor employs the Architect, always as a part of their
company

d) The Principal employs the Contractor and the Architect

Answer 11

b) The Contractor employs the Architect, either as part of their company or as a consultant to the construction company

Question 12

Using the Tender process to procure a Contractor:

a) Enables the lowest price to always be achieved

b) Enables the best Contractor to be sourced based on the assessment criteria setup at the time of opening tenders

c) Enables the best Contractor to be sourced based on the assessment criteria setup at the time of tender preparation

d) Enables the best Contractor and the lowest price to always be achieved

Answer 12

c) Enables the best Contractor to be sourced based on the assessment criteria setup at the time of tender preparation

Question 13

NTT’s (Notices to Tender) are:

a) Sent out to only the Contractors who ask questions to clarify the contract documents

b) Sent out to all Contractors to clarify the contract documents irrespective of who asked the questions

c) Sent out to all Contractors to clarify the contract documents irrespective of who asked the questions, and are dated

d) Sent out to all Contractors to clarify the contract documents irrespective of who asked the questions, and are dated and numbered

Answer 13

d) Sent out to all Contractors to clarify the contract documents irrespective of who asked the questions, and are dated and numbered

Question 14

In evaluating tenders, the following processes are followed:

a) Tenders are negotiated to ensure the lowest price is understood

b) Tenders are clarified to ensure the lowest price is understood

c) Tenders are clarified to ensure comparisons are equitable and the lowest price is understood

d) Tenders are negotiated to ensure comparisons are equitable and the lowest price is understood

Answer 14

c) Tenders are clarified to ensure comparisons are equitable and the lowest price is understood

Question 15

Who best estimates building costs at the Detailed Design stage of a project:

a) A Quantity Surveyor

b) A Cadastral Surveyor

c) The Architect

d) The Contractor

Answer 15

a) A Quantity Surveyor

Question 16

How might an architect first consider very general costs for a residential building at the very start of a project:

a) By employing a professional costing consultant

b) By using square metre rates

c) By asking a builder

d) By using an elemental cost estimate with approximately 13 elements

Answer 16

b) By using square metre rates

Question 17

A Schedule of Quantities:

a) Is always used on large construction projects

b) Is prepared by the contractor

c) Saves time for the chosen contractors when pricing tenders

d) Is used to establish the costs of a project in the developed design stage

Answer 17

b) Is prepared by the contractor

Question 18

An abbreviated elemental cost estimate:

a) Is based on $/m2 rates

b) Is based on 4-5 elements

c) Is based on 12-13 elements

d) Is based on 20-25 elements

Answer 18

c) Is based on 12-13 elements

Question 19

Fit out items:

a) Are always included in the Architect’s price of the building

b) Are always excluded in the Architect’s price of the building

c) Are either included or excluded as noted in the Architect’s price of the building

d) Are either included or excluded as noted in the cost plan of the building

Answer 19

d) Are either included or excluded as noted in the cost plan of the building