Exam 2: The Estimating Process and Preliminary Procedures

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While an experienced estimator will certainly know what to look for and assess when investigating the site, the presence of the ____ or a project superintendent on the visit will always be valuable if only to offer alternative viewpoints in the evaluation of the data.

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C

General clauses that have a significant impact on the cost of the work are often found in the "back end" of specifications in the review process.

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All of the following are considered primary sources of information for private bids EXCEPT:

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A

Private owners often directly invite contractors to bid on their construction projects in a system known as a(n)____ system.

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Many government agencies are reluctant to publish bid notices on the Internet.

(True/False)
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Managing the estimating process includes keeping bid records, scheduling the estimator's time, and carefully reviewing bid documents when they are obtained.

(True/False)
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Significant details provided in response to questions about a bid will be incorporated into written directives that are distributed to all bidders in publications known as ____.

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If an estimator does not know exactly what the computer is accomplishing in the preparation of an estimate, the estimator will not be in control of the process.

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A method of addressing the problem of bids from contractors of questionable capability is to call for bids from ____ contractors only.

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An effective way to plan estimating operations is to use a simple line chart form of time schedule.

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A contractor's estimating department is responsible for identifying the goals and objectives of the department.

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On most projects general contractors request two complete sets of bid documents for estimating a project.

(True/False)
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In a closed bid system, the number of companies invited to bid is typically limited to no more than ten contractors who are known to the owner or designers and who meet the qualification criteria set by the owner.

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In closed bidding, there is little restriction on who can submit a bid on the work.

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Most companies hold an estimate review usually  ___________ before the bid is due to be submitted.

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Which of the following is a primary source of information regarding bid calls for public works?

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Agencies of the U.S. government use a standard form called the "____" to provide bid information.

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Construction groups in major cities have formed associations or plan service centers where both public and private bodies may deposit plans and specifications of projects calling for bids.

(True/False)
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A method of handling the problem of review questions is to compile a list of all the questions that arise, the ____, then later send a single e-mail to the prime consultant to deal with all the items that have accumulated.

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Perhaps the most important item considered at the estimate review is ____.

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