test 2.6

Question 1

bid invitations

outfeed of 16 straight table: with messages being sent out to interested people

Answer 1

Contractors send out messages to material dealers and subcontractors who are believed to be interested in bidding

via email, mail, fax

Question 2

bid invitation information

carts outfeed 20: with fill line and designed forklift person to pick up

Answer 2

 Deadline for receiving proposals, place where bids will be accepted, name of person to whom a proposal should be directed, place where bidding documents are available

Question 3

bid invitation database.

back stop out feed 20: with number counter of sheets pulled by each employee.

Answer 3

 Contractors shall maintain / update a database containing supplier and subcontractor information

Question 4

quantity surveys

out feed 10 carts: with a level on the side. for pricing

Answer 4

 Accurate quantity survey ( or quantity takeoff) is required for both lump-sum and unit-price bid

Question 5

quantity surveys during constructions

outfeed 10 circle: displaying equipment and EEs

Answer 5

o Useful data to determine duration of work, size of crews, and equipment needs

Question 6

professional quantity surveyors.

outfeed 10 middle fan: special ed fan

Answer 6

Some firms specialized in quantity takeoff and cost estimating

Question 7

professional quantity surveyors.
hired by owner A-E

outfeed 10 water fan: survey for best fan for the job

Answer 7

Undertaking survey after the design has been completed or acting as a cost advisor

Question 8

professional quantity surveyors.
in great Britain

old path next to 10: with the cardinal line up

Answer 8

Established professional services
(Cost feasibility studies, construction budget, cost check at all stages of the design process, and final quantity takeoff)

Question 9

professional quantity surveyors.
standard in US

gate to 10 beginning: own your push

Answer 9

o Duty of contractors to make their own quantity takeoffs.

Question 10

material cost

double doors to new space: with all parts in that room

Answer 10

Everything that will be incorporated into the finished structure ranging from steel and lumber to elevators and boilers

Question 11

material usually purchased from

cross gates: ds dm

Answer 11

dealer, supplier, distributor, or manufacturer

Question 12

material cost Substitution

corner new room older ladder: with a price tag on it.

Answer 12

Identifies substitute product and indicates the difference in price to the owner

Question 13

Material Cost
 Allowance:

infeed section 26: with parents allowance money for eggs.

Answer 13

Designated allowance amount is used to prepare a proposal

Question 14

Material Cost
FOB

infeed section 26: free location to pick up a conversation.

Answer 14

Free on Board :
A material vendor is responsible for presenting goods free on board at some mutually agreed upon point such as vendor’s sales location

Question 15

Material Cost
CIF

ladder to top of 26: with insurance begging for fall protection or else a train is comming down.

Answer 15

Cost, Insurance, and Freight

Quoted prices include item cost plus shipment cost to include freight and insurance expenses to the FOB location

Question 16

Direct labor cost

confined space top of 20: cheap labor isn’t quality lunch box.

Answer 16

 Function between basic wage rates, quantity of work, and production rates

Question 17

direct labor

fall protection wires: question if will work. History book says maybe.

Answer 17

 Production rate is a factor with high level of uncertainty
 Productivity shall be determined from in-house historical data

Be cautious when using data from external sources

Question 18

indirect labor

catwalk: blue shield

Answer 18

 Expenses that

E.g. Payroll taxes, insurance, and employee fringe benefits

Question 19

indirect labor
fringe benefits

outfeed 26: vacation for a doctors appointment.

Answer 19

Pension plans, health insurance, paid vacation, and apprenticeship programs

Question 20

indirect labor
 Expenses that

outfeed belt: insurance and tax paper.s

Answer 20

Are additional to the basic hourly rate

E.g. Payroll taxes, insurance, and employee fringe benefits

Question 21

Equipment cost

under 26 bent: screws holding up gate.

Answer 21

Refers to items being used to accomplish the physical work

Question 22

Equipment cost accounts for

stair to out fed 26: engineer concrete steps metal contruction

Answer 22

a greater proportion of the total cost of engineering projects than building constructions

Question 23

Equipment cost
cost heavy equipment

computer section 26: separated from plywood finger demanding

Answer 23

equipment
Refers to items being used to accomplish the physical work

cost needs to be estimated separately and with care

Question 24

Equipment cost who determines what type of ownership

Answer 24

contractors where to purchase, lease, or rent

Question 25

Equipment cost

operators

Answer 25

normally included in labor cost

Question 26

Equipment cost

lump some

Answer 26

Purchase new equipment for the project and sell it at the end of construction project

Equipment expense= (purchase price-estimated salvage value)

Question 27

Equipment cost

renting or lease of equipment

Answer 27

Applying lease or rental rates for project period

Question 28

equipment cost

ownership cost

Answer 28

fixed cost
Taking place during the period the owner owns the equipment (e.g. Financing cost, interest, taxes, insurance, and depreciation

Question 29

equipment cost

operating cost

Answer 29

Variable costs
Only occur during the operation of machine
(e.g. Fuel, oil, grease, repair and maintenance, and tire replacement)

Question 30

owners cost

a personal man lift:
glued or fixed to that location. pedro owns the machine

Answer 30

Fixed costs

Taking place during the period the owner owns the equipment (e.g. Financing cost, interest, taxes, insurance, and depreciation)

Question 31

operators cost

trash hoppers:
trash line changes. Only move when filled.

Answer 31

Variable costs

Only occur during the operation of machine

(e.g. Fuel, oil, grease, repair and maintenance, and tire replacement)