PE EXAM SET 7

If after fifty (50%) completion, the work is satisfactorily undertaken and on schedule no additional retention should be made otherwise the progress payment should be imposed a retention rate of:

• 5 %

• 10 %

• 15 %

• 20 %

A project with delays due to reasons beyond the control of the contractor may be granted a time extension if the affected works, as shown in the PERT/CPM diagram, are:

• dummy activities

• critical activities

• non-critical activities

• hammock activities

Which of the following is not considered a Variation Order?

• Change Order

• Extra Work Order

• Resume Order

• Supplemental Agreement

Under which of the following conditions must a change order not be issued?

• Where there is a decrease in work due to deletion of work items

• Where there is reclassification of item of works

• Where the aggregate cost has increased and is limited to 25 % of the original cost

• Where there is increase in cost in construction materials

From the time of project was bid to the issuance of notice to proceed, how many calendar days is required for a project to be entitled to contract priced adjustment?

• 60

• 90

• 120

• 150

The government may rescind the contract work if there is:

• Delay in the payment of contractor’s claim for billing

• Existing right-of-way problem

• Undue delay attributable solely to the contractor

• Adverse peace and order conditions

What is the allowable variance from the original unit price, so that a contract will be entitled to contract price escalation?

• Less than 2 %

• Less than 5 %

• More than 5 %

• Less than 3 %

Where do we base and reckon the computation of the contract price escalation of a project that is awarded thru simplified bidding?

• Notice to proceed

• Date of bidding

• Approval of the contract

• None of the above

Where do we base and reckon the computation of contract price escalation of a project that is awarded thru public bidding?

• Notice to proceed

• Effectivity of the contract

• Date of approval of the contract

• Date of bidding

What formula is used in computing price escalation?

• No loss – no gain formula

• Economic Formula

• Parametric Formula

• Parabolic Formula