Procurement in Construction Quiz

What is the primary purpose of procurement in construction projects?

• Enhancing architectural designs

• Optimising resource allocation and cost management

• Increasing project complexity

• Avoiding legal requirements

Which procurement strategy involves inviting multiple contractors to submit bids competitively?

• Direct Award

• Competitive Tendering

• Framework Agreements

• Negotiated Procurement

What is a key characteristic of a lump sum contract?

• Fixed price for the project

• Payment based on actual work completed

• Client reimburses contractor for actual costs

• Multiple contractors work under a single contract

Which stage of the tendering process involves evaluating submitted bids?

• Invitation to Tender

• Tender Evaluation

• Contract Award

• Tender Preparation

What document provides a detailed list of materials, labour, and works required for a project?

• Drawings and Specifications

• Bill of Quantities

• Tender Notice

• Instructions to Tenderers

What is the key feature of a cost-plus contract?

• Contractor is paid a fixed price

• Payments are made based on project milestones

• Client reimburses actual costs plus a profit margin

• The contract price is adjusted based on market conditions

Which procurement method is preferred for emergency projects?

• Direct Award

• Competitive Tendering

• Negotiated Procurement

• Framework Agreements

In a design and build contract, what is the primary advantage for the client?

• Single point of responsibility

• No need for a contractor

• Lower risk for the contractor

• Reduced need for procurement processes

What is the primary function of a management contract in construction?

• Overseeing and managing multiple contractors and subcontractors

• Providing only financial support

• Eliminating the need for a procurement process

• Making the contractor responsible for all project risks

What is the main purpose of partnering and collaborative contracts?

• Encouraging teamwork and shared risk allocation

• Ensuring the contractor takes full project risk

• Reducing the involvement of the client

• Avoiding formal contractual obligations