Visit a local building contractor and determine how he orshe handles control of submittals from subcontractors toarchitect/engineer. What system does he or she use to ensurethe job will not be held up due to procurement and approvaldelays?

Q: Discuss the prequalification of Prospective Contractors.

A: Brief concept- Prequalification of prospective contractors are needed such that his/her ability to…

Q: What is the difference between a general contractors and subcontractors?

A: General contractor:

Q: What responsibilities does the Resident Project Representative have, in the case of public agency…

A: The Resident Project Representative is a person working on a project, typically on a full-time…

Q: What are some of the restrictions imposed on the contractor in operation projects?

A: - A Restriction is a situation or condition that obstruct progress towards an objective or goal -…

Q: Which of the following is not a phase of construction project? Select one: a. Tendering b.…

A: Thank you for the question. As per honour code we will answer the first question since exact was not…

Q: List the five price categories that need to be considered when pricing a construction estimate.

A: The costs of a constructed facility to the owner include both the initial capital cost and the…

Q: . Are some of the tasks in the construction project dependent upon the completion schedule of…

A: Every task in construction is interdependent on each other.

Q: Visit a local contractor and determine the proportion ofcontracts that are negotiated against those…

A: The local contractor has about 75% of contract that are negotiated against those that are…

Q: What type of items are recommended for payment to the contractor upon delivery, even before assembly…

A: The contractor is responsible for the betterment of the project. The contractor also responsible to…

Q: Who are the three basic parties involved in any constructionbonding arrangement?

A: The three basic properties involved in any type of construction agreement are : 1. The obligee 2.…

Q: Why is the contractor normally required to submit a bidbond when making a proposal to an owner on a…

A: A bid bond is indeed a form of building bond which, in such a building bidding phase, covers the…

Q: List and describe the major factors a contractor will consider when deciding whether to submit a bid…

A: Bidding- It is defined as an offer price set by an individual or any organization for a service,…

Q: ,How can a Project Manager incur the considerable risk of loss tothe parent organization?

A: A project manager is a person, who has the entire project responsibility from the successful…

Q: EXPLAIN YOUR ANSWER COMPREHENSIVELY. Mr. Jobert commissioned you to estimate the construction of a…

A: The cost estimate is made before the construction of the work of any project it is generally…

Q: How can the differences between the parties affect contract cost or time required to complete the…

A: Several differences can occur between parties in an ongoing project that may lead to disputes and…

Q: Describe the procedure of how partial payments to the contractor is done?

A: Partial payment is also called as progress payments. These payments are based on the percentage of…

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: You have recently completed construction on a project that was contracted under a CCDC2 contract.…

A:

Q: What are the contractor’s financing charges on a project, and how is the cost of financing charges…

A: Brief concept introduction- Every project needs a contractor and he/she charges some fees to…

Q: at what point in the project cost and time adjectives defined for the contractor?

A: Project time is defined in the Project initiation and conception phase whereas, project cost is…

Q: What is Sub- Contractor failure?

A: In a construction project the owner hires a contractor who is responsible for all project's work…

Q: Under what circumstances is a cost-plus contract favorableto both owner and contractor?

A: The cost plus style of contracts has a variety of a reimbursement schemes used to pay for the…

Q: What are the obligationsb contractor related to punch list?

A: A punch list is a report made near the end of a construction project listing work not according to…

Q: essary to retain at least one set of origi

A: When choosing a vendor to subcontract a project to, or to buy materials and services that are…

Q: What are the duties of sub contractor?

A: In certain instances, subcontractors could be an entity, they really aren't called any contractor's…

Q: How are partial payments made to the contractors?

A: In any construction project, the total amount to be paid to the contractor is not made in one…

Q: What is the difference between a contractor and a subcontractor?

A: The person responsible for day to day supervision of construction site , management with the traders…

Q: Is the final amount paid to a contractor under a unitprice contract limited by the quantities of…

A: Let's understand first what is unit price method: In a unit value contract, the complete agreement…

Q: What are the temporary facilities provided by the Contractor?

A: Contractor's responsibilities are not only related with the completion of the construction project…

Q: How do the Owners and the Contractors set the pace?

A: Setting the pace between owners and the contractor is very important for the project why it is…

Q: on the typical project, there are usually how manyprime contracts with the owner?

A: There are generally two prime contracts occur with the owner in a typical project.

Q: What type of risks are reserved to the contractor?

A: Construction projects are subjected to various internal and external risks as a result of its…

Q: If the specifications are silent on the subject, but a contractor asks you, as the Resident Project…

A: If the specifications are silent on the subject, but a contractor asks you, as the Resident Project…

Q: Must a contractor accept and perform all the work involvedin each contract change order? Is there a…

A: Contractor accept and perform all the work involved in each contract change order; A contractor,…

Q: What are the results of using the total cost method for the contractors?

A: Largely, the Total Cost approach of quantifying building claims has been disadvantaged by the courts…

Q: What questions should the owner consider before giving the responsibilities to the contractor?

A: The owner of the project should ask the following questions to the contractor before signing the…

Q: What are the rules under which the Contractor must operate to avoid risks?

A: RISK-Risk in risk management is defined as a tool which will help in planning, monitoring and…

Q: Why should the contractor submittals be handled carefully?

A: Submittals in the construction of the board are shop drawings, material information, tests, and item…

Q: What is Open Shop Contracting?

A: Open Shop Contracting - Open shop contracting means a factory, office, or other business…

Q: Why is it critical for a prospective construction project manager to grasp the terms and conditions…

A: Managers are required for all projects, but probably nowhere is this more true than in construction.…

Estimating construction costs

The determination of the cost of various items that would be required to carry out a construction project successfully is termed the estimation of construction costs. For preparing an estimate, the quantities of the materials are calculated from the construction drawings or blueprint design using formulas, and using these quantities, the construction cost estimating is done. The estimation process can be manual or it can be computed using construction estimating softwares such as RSmeans, STACK, and ProEst.