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CM 1011 3, 4, 5 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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CM 1011 3, 4, 5 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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  • June 26, 2024
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  • 2023/2024
  • Exam (elaborations)
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  • cm questions with 100 actual correct

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CM 1011 3, 4, 5
Which of the following is NOT usually one of the bid documents? - ANS-Technical specifications

The competition criteria used to determine the chosen constructor are - ANS-Price
B.Qualifications

Any selection process in which proposals contain both price and qualitative components and the
award is based upon a combination of price and qualitative considerations is - ANS-Best value

Which type of bond guarantees that the payment for a contractor's labor and materials used on
the project will be made? - ANS-payment bond

D.labor and materials payment bond

Public projects have historically been decided by selection of: - ANS-The lowest responsive bid
in conformance with the bid requirements

The part of a design-build proposal that stipulates the price at which the design-builder will
provide the design and construction services necessary to complete the project is: - ANS-Price
proposal

The low-bid selection method involves bidders obtaining plans and specs for review by: -
ANS-The constructor and prospective sub-contractors

Open bidding is required on public projects because _____? - ANS-they are funded by
taxpayers' dollars

A bid or proposal package that meets all of the requirements of the solicitation instrument is a: -
ANS-Responsive bid

The selection methods used for selecting construction and construction management services -
ANS-A.Low-bid
B.Best-value (BVS)
C.Qualifications-based (QBS)

If missing at the bid opining, which one of the below items is cause to reject the bid? -
ANS-A.Sealed envelope
B.Contractor's license
C.Contractor's name

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