CM 1011 Module 2 UPDATED ACTUAL Questions and CORRECT Answers
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Course
CM 1011
Institution
CM 1011
CM 1011 Module 2 UPDATED ACTUAL
Questions and CORRECT Answers
Which of the following best describe the bid form? - CORRECT ANSWER- The bid
form is the offer from the contractor to provide the work for the Owner at the bid price
included in the bid form
Narrowing the field of offers through ...
CM 1011 Module 2 UPDATED ACTUAL
Questions and CORRECT Answers
Which of the following best describe the bid form? - CORRECT ANSWER✔✔- The bid
form is the offer from the contractor to provide the work for the Owner at the bid price
included in the bid form
Narrowing the field of offers through the selection of the most qualified proposers on the
basis of qualifications is known as: - CORRECT ANSWER✔✔- shortlisting
The selection methods used for selecting construction and construction management services
are: - CORRECT ANSWER✔✔- Low-bid
B.Best-value (BVS)
C.Qualifications-based (QBS)
Open bidding is required on public projects because _____? - CORRECT ANSWER✔✔-
they are funded by taxpayers' dollars
What is the name of the official document that notifies the contractor to start construction? -
CORRECT ANSWER✔✔- notice to proceed
Public projects have historically been decided by selection of: - CORRECT ANSWER✔✔-
The lowest responsive bid in conformance with the bid requirements
What is the name of a bid used with private projects and is not open to the public. Bidding is
by invitation only, via an invitation for bids, to a selected list of contractors? - CORRECT
ANSWER✔✔- closed bid
What is the name of the process in which an owner, based upon minimum financial,
management, and other qualitative data, determines whether a construction firm is
fundamentally qualified to compete for a certain project or class of projects? - CORRECT
ANSWER✔✔- prequalification
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