Which of the following is an open specification?
A. The initial flow rate of the kitchen ventilator should be set at more than 60 L/ min …
B. The kitchen ventilator should be made by Haier
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Which of the following item is required FIRST for the cost of lump-sum estimating?
A. Indirect costs
B. Equipment
C. Material (Quantity takeoff )
D. Markup
Which of the following item is NOT directly related to bid ethics?
A. Bid Shopping
B. Increase sub-bid quotes to GC after the award of prime bid
C. Inflation
D. Bid Rigging
Which of the following description is correct?
A. The definition of “principal structure” is unclear in China.
B. Parties in item JV participate in common profits or losses.
Chinese Law regulates that GC may subcontract part of its work without consent of the owner.
Which of the following description is correct?
A. In practice, FDL makes applicable provisions of the prime contract also applicable to the PO.
B. “Free on board (FOB) construction jobsite” means the buyer would have bear risk of loss during transit.
C. GCs can always reject payment to the subcontractors when the “No pay until paid” provision exists in the subcontracts.
D. If an agreement involves a high volume of on-site labor activities, this agreement is normally regarded as “purchase order.”
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