lare prep exam a

Question 1

A “notice to proceed” permits which of the following actions?

A. Allows the designer to release the CD set for bidding
B. Allows the contractor to begin construction
C. Allows the contractor to begin project closeout
D. Allows the contractor to hire a subcontractor

Answer 1

B. Allows the contractor to begin construction

Question 2

A project manager is review a landscape contractor’s bid. Which of the following would not be covered in the contractor’s cost summary included in the bid?

A. Site demolition
B. Plant material
C. Additional services
D. Operation costs and profit

Answer 2

C. Additional services

The contractor’s cost summary would not address the price of anything deemed to be an additional service, because said service would be outside the scope of services being bid by the contractor

Question 3

Which of the following does not entail an alteration to an existing contract, contractual agreement, or construction document set?

A. Change order
B. Addenda
C. Field Order
D. Payment bond

Answer 3

D. Payment bond

A payment bond is a legal instrument or guarantee that ensures payment for labor and other services rendered should an employer fail to issue wages due to default or bankruptcy

Question 4

One of the benefits of a lump-sum or fixed price contract is:

A. They do not require precise measurements or in-place quantities to determine payment.
B. They eliminate the need for change orders
C. All parties can be reimbursed for direct expenditures
D. Work can commence before payment has been issued

Answer 4

A. They do not require precise measurements or in-place quantities to determine payment.

The primary benefit of a lump sum or fixed-price contract is that all parties have agreed to a predetermined budget for a defined scope of services.