1. The document requested by the owner as a protection against the risk of the contractor not accepting the job once awarded the project is (a). Insurance (b). Performance Bond (c). Bid Bond 2. Based on the guide quantity of 100 CY on a bid document for rock excavation, a contractor bid a unit price of $20/CY. If the owner's representative determined that the contractor excavated 85 CY of rock during construction, how much will the contractor gets paid? (a). $2000 (b). $1700 (c). $300 (d). $1800 3. Which of the following would not be considered an excusable delay? (a). Labor Strikes (b). Review process delays (c). A hurricane closing a port delaying delivery of materials (d). Death of a contractor

Q: 0 per day to rent and operate. The contractor estimates that he would keep the earthmover for 20…

A:

Q: Checker LLC has purchased a $100,000 asset to be located in its Italian facility. Either of two…

A:

Q: Your company was hired to renovate this old grain silo.  You need to compile a quote for bidding the…

A: Note:Hi! Thank you for the question, As per the honour code, we are allowed to answer three…

Q: If a contractor built in a project contingency of $100,000 on a job and this was not itemized in the…

A: Contingency- It is an amount that is added to the estimate to cover any unexpected expenditure. I is…

Q: ucture and building foundations for Short’s new factory for a stated percentage of the contract…

A: The design and construction of super structure depends on the type of foundation used. Planning and…

Q: Net Cumulative Yardage 5000 4000 3000 2000 1000 O -1000 -2000 -3000 -4000 -5000 $28,875.00…

A: The mass-haul diagram is given:Borrow cost, To find: The total borrow cost.It is determined using…

Q: Calculate the cost per cubic yard to move earth for a project that plans to use a back-hoe and…

A: Calculate the number of bucket loads as follows: Calculate the bucket volume by using the formula:…

Q: Determine the present worth of a geometric gradient series of Contract B at an interest rate of 8%…

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Q: If you are doing BIM...you should be utilizing all BIM Uses O True O False

A: BIM is utilized for making and overseeing information during the planning, construction, and tasks…

Q: A project to move packed earth requires you to decide whether to use a dozer/scraper operation or…

A: Givene Data : Excavator costs = $95/hr Cyclic time = 0.28 min Bucket head capacity =5.0 cy Truck…

Q: how much money should be included in the overall bid price

A: Unit price contract is contract based on quoted price. So, unit price will be fixed.

Q: Describe about the Alternative Methods of Transporting Earth Fill.

A: For the purpose of construction excavation of soil is done which is known. Basically , earth fill is…

Q: Why is it important for the estimator to carefully examine the site of the work before the estimate…

A: Brief concept- The main function of the estimator is to prepare a detailed estimate for the projects…

Q: Consider the following projects: Project A has a cost of 50, uniform annual benefit of 6.1 and…

A: Given,  Project A has a cost o= 50 Project B has a cost = 40  Project C has a cost =30  Project D…

Q: Given the excavator information below, calculate 1) Hours required to complete 1000 CY of excavation…

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Q: 5. Assume a project where all possible receipts and payments, including the retention, are due one…

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Issues During Construction

Construction is the combination of art, science, and engineering to build buildings, bridges, structures, roadways, highways. airports, etc. The construction business is a challenging and promising business worldwide with certain risk factors involved. Increasing demand for mankind leads to the growth of several construction companies which specialize in different construction projects. These construction companies initiate their construction process under certain agreements and time durations called the construction contract.