Electrical Estimating - Quiz

Quiz Question

1.

As a general rule of thumb, you want to avoid projects with ___________ electrical contractors bidding the electrical scope of work. As the number of electrical contractors increases, your chances of winning go down, while the risk of taking a bad project goes up significantly. You wouldn’t want to be the low price out of 10 electrical contractors,

5 or more
10 or more
7 or more
2. At a minimum, find out what other general contractors are bidding the construction project and submit your number to them as well. Depending on which general contractor you like the best, you can provide your best bid number to help them out. Remember, not all general contractors are the same. Some do not run tight ships when it comes to paying their subcontractors or managing the projects to ensure things run smoothly.
True
False
3. During the bidding process, it is important to focus on construction projects where ______________________________________. This will help you reduce the chances of making a mistake and ensure you can complete the electrical job when you are awarded the contract. Your reputation is on the line, meaning this could either lead to more business for you in the future when the project is completed successfully, or tarnish your brand when the project encounters setbacks.
You can learn the job as you go
You have experience and are confident you can handle the type of work.
4. Hastily bidding a project on a tight deadline can lead to errors and omissions. In a lot of cases, you need to ask why you are receiving a bid request from a general contractor with such a short turnaround time.
Because the main contractor was in a hurry.
There’s a good chance your number will be usedas a check price to lower a competitor’s number who’ll receive the project if they comply even though you submitted the best bid option for the project.
5.

Today, many electrical contractors find themselves in a constant state of catch up. This can be overwhelming. During the bid process, it’s easy to rush and not fully review a complete set of construction drawings and specifications and only look through the electrical drawings and specifications. This results

in a lack of proper understanding of the full electrical scope on the project and can be a costly mistake.
Beating the competitors to get in their bid first.
6.

Some of the questions and concerns that need to be asked prior to sending your bid is: Do you need lift stopper form work in a certain area? Are you responsible for providing the cable tray that is depicted on the communications drawings?

True
False
7. A good strategy If you’re unsure, _________ to submit a request for information (RFI) to get clarification. This is a formal document that is submitted to the general contractor who tracks and forwards to the owner for clarification and then redistributes to all project bidders to ensure everyone is bidding the project apples to apples. The RFI should be send by any predetermined deadlines.
Is not
is
8. The quantity takeoff is the process of breaking down the drawings into predefined tasks or activities and quantify the number of each based on the plans.
True
False
9.

In order to accurately estimate an electrical project,

you need to understand how to perform a construction takeoff, and more specifically, how to establish the full scope of work required by means of a quantity takeoff.
To work hard
10. Electrical Estimating and Takeoff software can keep track of your counts automatically by performing a digital takeoff and utilizing pre-built assemblies that calculate your material totals, saving you hours of manual calculations.
True
False