Final Estimates Flashcards
7 cards from real CTQP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Final Estimates flashcards as text
In FDOT Final Estimates, what is the primary purpose of the 'Estimate Summary Sheet'?
Answer: To provide a consolidated summary of all pay items, quantities, and costs for the final payment
The Estimate Summary Sheet consolidates all pay items, quantities, and associated costs to support the final payment to the contractor.
When a pay item quantity is disputed between the contractor and the Engineer, what is the correct first step under FDOT procedures?
Answer: Attempt resolution through discussion and review of field measurements before escalating
FDOT procedures require field-level discussion and measurement review as the first step before escalating quantity disputes.
Under FDOT's Final Estimates process, what does 'concurrent delay' mean in the context of time extensions?
Answer: A period during which both the contractor and the Department contribute to project delay simultaneously
Concurrent delay occurs when both the contractor and the Department contribute to a delay during the same time period, affecting time extension entitlement.
What is the significance of the 'As-Built' quantities in Final Estimates?
Answer: They reflect the actual quantities of work completed in the field, which form the basis for final payment
As-Built quantities represent the actual work performed in the field and are the basis for computing final payment to the contractor.
Under FDOT guidelines, which document formally notifies the contractor that the project is complete and initiates the final payment process?
Answer: The Certificate of Final Inspection
The Certificate of Final Inspection formally documents project completion and triggers the final payment process.
In Final Estimates, what is the purpose of 'Force Account' work?
Answer: Work performed by the contractor using their own labor and equipment at agreed unit costs when no appropriate pay item exists
Force Account is used to pay for work without a specific pay item, compensating the contractor based on actual labor, equipment, and material costs.
What is a 'Supplemental Agreement' in the context of FDOT Final Estimates?
Answer: A formal contract modification that adds, deletes, or changes contract items and adjusts the contract amount or time
A Supplemental Agreement is a formal modification to the contract that changes work items, amounts, or contract time.