How is the payment for the mobilization costs done to the contractor?

Q: If a general contractor does not feel like paying worker's compensation fees, then the contractor…

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Q: How can owner-supplied materials present a problem to estimators?

A: Estimators are the individuals who are liable for getting tenders, acquiring material expenses,…

Q: Why is the process of pricing materials usually easier than pricing labor and equipment on a…

A: The process of pricing materials usually easier than pricing labor and equipment on a project…

Q: Discuss about the provision of workers compensation laws regarding to exclusivity and significant.

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Q: Explain the tender procedures?

A: Tendering is the process of making an offer, bid or proposal, or expressing interest in response to…

Q: What are the side effects of change orders on the  the contractor's cost?

A: The nature of construction projects is complex and unpredictable, where lots of factors and…

Q: Why is the contractor obliged to clean up the construction site thouroughly at the end of the job?

A: The clean building construction sites are safer, more efficient, appear better managed, and less…

Q: Can you produce an accurate forecast of the cost of a project using the cost-per-unit method of…

A: Estimation of the building is important in pre-planning so that a rough estimate can be prepared and…

Q: Why is a trade breakdown of the cost of construction preferred by contractors?

A: Contractors prefer to use a trade breakdown for estimating construction costs because almost all…

Q: Define the term Productivity Losses?

A: The productivity losses are the losses that can be arises because of absenteeism due to…

Q: What is a payless notice?

A: Pay Less Notice is defined as the notice which is written in order to notify the Payee from the…

Q: If you are the contractor bidding for a project, is owning heavy construction equipment advantageous…

A: There are various factors need to be considered in deciding between to buy or rent. The detailed…

Q: How does the contract administration use the  work flow?

A: Contract administration could be defined as a multi-stage process that goes on through the entire…

Q: What is the final progress payment?a

A: The progress payment refers to the payment of the work based on the percentage completion. In most…

Q: What we can do if the consultant reject part form the work carried out by the contractor?

A: First of all do ensure that the consultant reject part form the work carried out by the contractor…

Q: In what way a contractor will be able to benefit from a particular type of equipment he will…

A: The contractor will be able to benefit from a particular type of equipment he will purchase even if…

Q: the contractor is responsible for the safety of employees what should he take for that?

A: So it is very important to ensure the safety of the workers involved in the construction in order to…

Q: Why is the accurate pricing of labor and equipment very difficult on some projects?

A: The labor and equipment are the most important part of any project. They both are connected to each…

Q: How is the acceleration of work beneficial for the contractor?

A: Acceleration of a construction project is pretty simple: It’s once the work being performed should…

Q: How is the allocation of indirect costs usually done?

A: Let's first understand what is indirect cost: Indirect prices area unit those that can't be fully…

Q: What is the cost-plus incentive fee?

A: Cost plus incentive fee Cost plus incentive fee is a fee amount in which there is a fixed amount and…

Q: What is the fixed-price incentive contract?

A: Fixed price incentive contract is a contract in which a fixed percentage on the total target cost or…

Q: What do you mean by long lead procurement in fast track construction?

A: Fast-track construction is a technique of scheduling which can be used to minimize overall project…

Q: Why does the contractor not want to make a commitment to unit -price amounts?

A: In Unit price amount contract, it is a commitment by the contractor to fix the rates of each and…

Q: You must decide between job offers from CPM Constructionand Fudd Associates. Both companies…

A: The different bonus from two companies are needed to be considered since the fringe benefits, salary…

Q: what does a company evaluate both the money allocated to a project and the time allocated to the…

A: A company evaluate both the money allocated to a project and the time allocated to the project

Q: You should have picked up that companies that employ this message need cost recorded to generate…

A: Invoicing and Billing it is an important document that indicates the sale supply to the site. It…

Q: Visit a local contractor and a local hiring hall and determinethe procedure to be followed in the…

A: Hiring construction laborers is an essential part of construction project. Hiring inexperienced…

Q: Briefly explain how the best project is selected for the construction company using Scoring Model…

A: There are various types of scoring models are known. A number of generic and others are specific. In…

Q: Why is the accurate pricing of labour and equipment very difficult on some projects?

A: Productivity in construction is defined .since labour constitutes a large part of construction cost…

Q: What is the purpose of a price allocation form?

A: The price allocation form is a start to finish list of work item on a project that represent the…

Q: What are some of the examples of fixed-price incentive contracts?

A: Fixed-price incentive contracts are fixed-price contracts but with the incentive given for finish…

Q: Is it advisable to use cost-loaded CPM for progress payments to the contractor on unit-price…

A: The cost-loaded schedule is composed of the works that have been ordered and distributed across the…

Q: What are the five main items of the cost of a project?

A: - Different categories of cost of a project are, 1- Direct cost  - It includes cost related to…

Q: How are the field cost indexes derived?

A: Field Cost indices in construction : Most of the information used to compile construction price…

Q: On federal grant programs, why are the certified payrolls obtained from the contractor on Labor…

A: Certified payroll is the federal form WH-347, which is sent weekly to the government agency…

Q: How can the unit price projects be created?

A: The job to ever be done is divided into separate sections of a unit price arrangement, typically…

Q: What are Guaranteed Maximum Price Contracts?

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Q: What are the examples of unit price contracts?

A: The estimated quantities of items and unit prices on the hourly rates, rate per unit work volume…