Fundamentals Of Construction Estimating
4th Edition
ISBN: 9781337399395
Author: Pratt, David J.
Publisher: Cengage,
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Question
Chapter 14, Problem 4RQ
To determine
Write the four temporary site facilities that are normally used on a construction site, and explain how they are priced.
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Critically discuss the factors that must be considered by contractors when deciding to develop a proposal.
Develop a programming budget estimate for a 100,000 square-foot warehouse, assuming a square-foot cost factor of $60 per square foot. The site will be about 200,000 square feet with a site development cost of $3 per square foot. Use the following allowances to prepare your budget estimate:
- Owner-furnished FFE: $1,000,000
- Owner soft costs: $800,000
- Programming fees: $50,000
- Geotechnical Investigation: $390,000
General Contractors working an a project that requires several months to complete typically request payment from the Owner on a monthly basis. They submit what is referred to as a Pay Application. What do GC's typically ask for payment of?
Group of answer choices
A)Ordered materials and equipment
B)Installed materials and equipment
C)Materials and equipment stored on site
D)A & B only
E)A & C only
F)B & C only
G)All of the above
Chapter 14 Solutions
Fundamentals Of Construction Estimating
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Similar questions
- Describe the process regarding the 6 phases of a construction project 1.Study and report phase 2.Preliminary design phase 3.Final design phase 4.Bidding or Negotiating phase 5.Construction phase 6.Operation phasearrow_forwardProject closeout is the final construction phase of the project lifecycle. This phase occurs after physical construction has been completed, but before the project is actually turned over to the owner. Identify and discuss the activities necessary to ensure a smooth project close out. Give appropriate examples such as charts or diagrams.arrow_forwardWhich metrics are most useful when assessing the accuracy of a cost estimate post-project completion?arrow_forward
- What is the optimum number of punchlists for a building project? 3 4 1 2arrow_forwardDescribe the kind of risk involved, if any, where the engineer,the inspector, or the Resident Project Representative is contractually given the right to stop the work.arrow_forwardWrite a summary of Bids for Evaluation?arrow_forward
- A. Create the Network Diagram for the project . B . Identify the critical path and the minimum duration to complete the whole project ? C . Assume that it took 5 weeks to choose an architect , what is the effect on project completion date ? D. Draw Gantt chart .arrow_forwarddevelop a WBS for your assumed building project. Mention duration for each activity of your project and total completion time. Explain with examplesarrow_forwardBefore projects can proceed, a contract must be drawn up between the customer and contractor. Define what a typical project contract is and then using practical examples, discuss two types of project contracts may be entered into between the customer and contractor.arrow_forward
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