Subcontractor - Study guides, Class notes & Summaries

" Which of the following are key. recommended resources for subcontracting compliance management? ( Select three that apply.) - ANSWER "Small Business Administration (SBA) website Defense Contract Management Agency (DCMA) website Defense Federal Acquisition Regulation Supplement (DFARS) " Which of the following contracts is required to submit a small business subcontracting plan? Each contract has subcontracting possibilities. - ANSWER $1 million services contract awarded to anothe...

What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address What is the cost of the indi...

Work Breakdown Structure [WBS] correct answer: hierarchy division of the work scope elements of a project to be performed. Function of WBS correct answer: to divide the scope of work into manageable parts that correspond to key deliverables, phases, or milestones with the intent to avoid the omission of key elements and assist in the communication of cost, schedule, quality, and resource performance data to stakeholders. Schedule Specification states correct answer: - Planning and sche...

1. FOB freight prepaid requires __________ to pay for shipping charges. A. Contractor B. Buyer C. Seller D. Subcontractor correct answer: Seller 2. Which of the following is not a member of the supervisory? A. Foreman B. materials expediter C. Owner's representative D. Project manager correct answer: Project Manager 3. __________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a simplified method. A. Calenda...

What does MHIC mean? - ANSWER Maryland Home Improvement Commission What is the primary function of the MHIC? - ANSWER To protect the health and safety of the general public What type of home improvement licenses are there in Maryland? - ANSWER Contractor and salesperson The contractors license enables the licensee to work as: - ANSWER contractor, subcontractor, and salesperson Don smith is applying with the commission to obtain his Home Improvement License. He took the exam and faile...

AHIP TRAINING Medicare Fraud, Waste, and Abuse Training EXAM 50+ QUESTIONS AND VERIFIED CORRECT ANSWERS 2023. AHIP TRAINING Medicare Fraud, Waste, and Abuse Training 1. Medicare plan means: A MA plan, MA-PD plan or PDP 2. Subcontractor means: **An individual or entity that provides services on behalf of a Medicare plan sponsor. This includes individuals and organizations with DIRECT relationship with the plan sponsor or individuals or organizations with INDIRECT relationship, such as ...

Who decides which post-award contract administrative functions will be delegated and which will be retained by the contracting officer who awarded the contract? - ANSWERProcuring contracting officer (PCO) "Bloom. LLC was recently awarded a $2 million contract for website enhancement services that was set aside for Historically Underutilized Business Zone (HUBZone) small businesses. Bloom's owner recently asked you which of the following would be acceptable subcontracts for Bloom to enter i...

CTS Exam Prep Questions and answers, 100% Accurate. Verified. What are the four teams that comprise the overall Project Team? - -Owner, Design, Installation, and Management Who would belong to the Design team? - -Anyone with Consultant in their title except the moving consultant Which groups make up the Management Team? - -Developer, Construction Manager, and Building Management Agency The End-User, Facility Manager and Building Committee comprise which team within the Project Team...

AFSB 152 - The Institutes Practice Exam Questions and Answers 2023 Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? • Heavy and highway construction • General Engineering contractor • General Building contractor • Design/build contractor - Correct Answer-Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Hig...

Michigan Residential Builder's License Test Bank|1190 Questions and Answers, 100% Correct| A+ Rated Solution Guide| Latest What is the 1st offense penalty for engaging in the practice of residential building without a license? Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what...