VA Contractors: General (Class A or B) /
Study Guide Questions with Definitive Solutions.Stretch your brain before your first study session Terms in this set (51) Learn / Study with Learn The subcontractors are prime contractors Choose matching term 1 Time card records MUST be kept a MINIMUM of...2 What is included in a company's balance sheet?3 Which of the following is considered ethical behavior?4 An owner hires a construction manager for a project. Which of the following is TRUE with regard to subcontractors?Don't know? 1 / 2
Which of the following estimating methods is typically used by the architect rather than the contractor?Conceptual estimate An agreement that calls for a contractor to be paid actual costs for labor and materials plus a fixed fee for the contractor's overhead and profit is called a...cost plus contract Equipment needs for a project are BEST estimated by...Calculating the number of hours or days it is needed What type of insurance is needed for a partnership to insure that the business does NOT go out of business if one partner dies?Key man An owner hires a construction manager for a project. Which of the following is TRUE with regard to subcontractors?The subcontractors are prime contractors What protects a contractor from risk?Insurance An ADVANTAGE of a Critical Path Method (CPM) schedule is it...Identifies activities that MUST be completed before other activities can occur
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