Skip to main content

Detailed estimate

Which of the following are indirect costs to be added to a detailed construction cost estimate?
I. Cost escalation contingency amount
II. Permits
III. Labor unit costs
IV. Equipment rental costs

AnswerI, II, IV, but not III. This is considered as part of direct costs, which includes costs per unit of material and labor multiplied by quantities.

ARE 4.0 exam prep: CDS

Comments

Post a Comment

Try These Too!

Fire-alarm & detection systems

In an atrium connecting 2 or more stories, what device types are generally required per section 907.2.13 of the International Fire Code (IFC)? Answer Fire alarm activated by automatic alarm, fire flow or manual alarm. Further, in Group A, E or M occupancies, emergency voice / alarm communication system is required per 907.2.12.2 (High-rise buildings). ARE 4.0 exam prep: BS
Post a Comment
See the answer »

Stone shape and usage

Which of the following forms of stone is irregular with a minimum of one good face and is used for ashlar veneers, curbs, sills, and copings? A. Monumental stone B. Rubble stone C. Dimension stone D. Rough stone Answer B. Rubble stone. ARE 4.0 exam prep: BDCS
Post a Comment
See the answer »

Model contract language

An owner-architect contract has stipulated an adjustment in compensation for reviewing re-submittals beyond a specified number. Where is this corresponding model language exist in order to coordinate with the contractor's responsibilities? 0.00.00 The Architect's review of Contractor's submittals will be limited to examination of an initial submittal and ____________ (_____) resubmittals. The Owner is entitled to obtain reimbursement from the Contractor for amounts paid to the Architect for evaluation of additional resubmittals. Answer It does not exist in the standard A201 general conditions of the contract for construction, and is recommended to be added to Section 3.12, as 3.12.11. ARE 4.0 exam study: CDS
Post a Comment
See the answer »