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Choose the right answer for each of the following. a) A field change is typically issued for work that changes the cost or duration of a project. b) What is the name of the contracting method in which the owner uses only its own employees to perform the construction work?..... c) What is the name of the contracting method in which the owner contracts with one firm for both the design and construction?..... True False

Choose the right answer for each of the following. a) A field change is typically issued for work that changes the cost or duration of a project. b) What is the name of the contracting method in which the owner uses only its own employees to perform the construction work?..... c) What is the name of the contracting method in which the owner contracts with one firm for both the design and construction?..... True False

Fundamentals Of Construction Estimating
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter13: Pricing Subcontractors' Work
Section: Chapter Questions
Problem 5RQ
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Q1) Choose the right answer for each of the following. a) A field change is typically issued for work that changes the cost or duration of a project. b) What is the name of the contracting method in which the owner uses only its own employees to perform the construction work?. c) What is the name of the contracting method in which the owner contracts with one firm for both the design and construction?.. . d) A bid that is grossly unbalanced can be interpreted as being irregular and thus rejected. e) Which type of contract is appropriate when the actual costs of a project and scope of work are difficult to estimate with accuracy?... f) For which type of contract does the project definition/scope of work not need to be clearly defined?.. g) Added work that is required to complete the project but which is considered part of the contracted scope of work (and therefore no added money is provided) is called: h) Which two types of contracts require the owner to maintain additional staff to monitor actual project quantities and costs? i) An unbalanced bid is associated with which type of contract?. True False True False work. and
Transcribed Image Text:Q1) Choose the right answer for each of the following. a) A field change is typically issued for work that changes the cost or duration of a project. b) What is the name of the contracting method in which the owner uses only its own employees to perform the construction work?. c) What is the name of the contracting method in which the owner contracts with one firm for both the design and construction?.. . d) A bid that is grossly unbalanced can be interpreted as being irregular and thus rejected. e) Which type of contract is appropriate when the actual costs of a project and scope of work are difficult to estimate with accuracy?... f) For which type of contract does the project definition/scope of work not need to be clearly defined?.. g) Added work that is required to complete the project but which is considered part of the contracted scope of work (and therefore no added money is provided) is called: h) Which two types of contracts require the owner to maintain additional staff to monitor actual project quantities and costs? i) An unbalanced bid is associated with which type of contract?. True False True False work. and
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