CCM Project Delivery Methods and Procurement 2

Question 1

What is a key advantage of the CM at-Risk delivery method from the owner's perspective compared to traditional Design-Bid-Build?

Accepted Answer

The CM provides preconstruction services and cost input during design, improving constructability

Answer

The CM performs all design work in-house, eliminating architect fees

Answer

The owner retains no financial risk because the CM assumes all project liability

Answer

Competitive bidding is eliminated entirely, reducing procurement time to days

Question 2

A 'bridging' design approach is used in which project delivery method to balance owner control of design intent with contractor flexibility?

Accepted Answer

Design-Build

Answer

Agency CM

Answer

Multiple Prime Contracting

Answer

Design-Bid-Build

Question 3

What is the purpose of a pre-qualification process in construction procurement?

Accepted Answer

To screen contractors for technical capability, financial strength, and experience before bidding

Answer

To publicly announce the project scope and budget to all interested parties

Answer

To negotiate final contract terms with the lowest bidder

Answer

To obtain regulatory approval from the local building department prior to solicitation

Question 4

In a Public-Private Partnership (P3) project delivery model, who typically provides the long-term project financing?

Accepted Answer

The private sector entity under the concession or availability payment agreement

Answer

The federal government through direct appropriations

Answer

The design engineer as part of the design-build contract

Answer

Bond insurance companies through municipal bond guarantees

Question 5

What is the primary purpose of a bid bond submitted with a construction bid?

Accepted Answer

To guarantee the bidder will enter into a contract and furnish required bonds if awarded

Answer

To guarantee that the contractor will complete the work according to the plans and specifications

Answer

To ensure the contractor pays all subcontractors and material suppliers

Answer

To protect the owner against defects discovered after project completion

Question 6

Which procurement strategy allows design and construction phases to overlap, compressing the overall project schedule?

Accepted Answer

Phased or fast-track construction

Answer

Competitive sealed bidding

Answer

Qualifications-based selection (QBS)

Answer

Single prime lump-sum contracting

Question 7

What is the primary function of an Invitation to Bid (ITB) in the public construction procurement process?

Accepted Answer

To formally solicit competitive sealed price bids for a defined scope of work

Answer

To inform shortlisted firms of their qualification status

Answer

To request qualitative proposals from pre-approved vendors

Answer

To negotiate sole-source contract terms with a preferred contractor