T or F The Owner's level of risk, as well as their level of control, is highest on a Design-Bid-Build (Separate contracts) project. T or F Both Fixed Price and Cost Reimbursement contracts may be issued with Incentive clauses T or F Cost Reimbursement contracts are favored over Fixed Price contracts when the scope is indeterminate, the risk is high and/or availability of resources is uncertain T or F Design-Build is known as “Traditional" contracting T or F Privately financed contracts account for 70 – 80% of total construction volume.

How can the problem of the unbalanced bid be resolved?

Which of the following Project Delivery Methods provides an Owner a guaranteed final project cost for the least fee? Group of answer choices A)Design-Bid-Build B)Design-Build C)Construction Management - Agency d)construction management - liable

29. Since the owner has little day-to-day involvement, he is in all matters by the construction manager. 30. Decisions concerning project strategies during the design phase of the project are made by the 31. The design-build delivery method is a single-source procurement for the owner, consisting of and 32. The design-build firm acts as a facilitator for designers and constructors to eliminate the relationship that can exist between such parties in a traditional delivery method. 33. The four types of design-build organizations are: 34. A final type of delivery method introduced by the instructor is IPD - aka, 35. is a logical platform for IPD.

What are two or three things that might have been in a bid submittal that might result in the bid being declared unresponsive?