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ARE 5.0 Construction & Evaluation Exam Prep

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Comparing Bids

9m 51s

In this ARE 5.0 Construction and Evaluation Exam Prep course you will learn about the topics covered in the ARE 5.0 CE exam division. A complete and comprehensive curriculum, this course will touch on each of the NCARB objectives for the ARE 5.0 Construction and Evaluation Exam.

Instructor Mike Newman will discuss issues related to bidding and negotiation processes, support of the construction process, and evaluation of completed projects.

When you are done with this course, you will have a thorough understanding of the content covered in the ARE 5.0 Construction and Evaluation Exam including construction contract execution, construction support services, payment request processing, and project closeout. 

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And if the bidders have a lot of good information or if somebody else in the office would be able to see really useful information or by hiring outside contractor to come in and just give you some information about the bid set, whatever system it is, whatever way that you're doing it, you're just trying to gather all that useful information. Like we've said, the idea here is that you're getting all this information to be able to make a decision but almost always, there's gonna be some aspect of value engineering. Almost always, you're gonna be a little bit more optimistic on the drawings than what the bids are gonna come back.

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From the course:
ARE 5.0 Construction & Evaluation Exam Prep

Duration: 11h

Author: Mike Newman