Skyward Construction has just purchased a new D9 bulldozer for $675,000. The annual insurance is $7,000. The annual maintenance cost for the first 4 years is $12,500, at which time the equipment is given a major overhaul for $75,000. For the next 4 years the annual maintenance cost is $22,500. At that time the piece has a salvage value of $100,000. Draw the cash flow diagram. What is the present value of the investment? What is the EUAC? Assume a 5.% annual inflation rate.

In a CM at Risk (CM/GC) project, is there privity of contract between the general contractor and the architect? Explain.

On a construction project, who ultimately pays for bonds and insurance?

1. Given the following information, determine the burdened hourly wage rate for a carpenter. Assume the carpenters take full advantage of the retirement benefit.

Wage rate - $23.00/hour

Hours worked - 45 hours/week for 30 weeks, and 40 hours per week for 20 weeks

Vacation, holidays, and sick leave – two weeks at 40 hours/week

Overtime – Time-and-a-half for any hours over 40 per week

Gas allowance - $150/month

Annual bonus - $300

Social Security – 6.2% on the first $106,800 of wages

Medicare – 1.45% of all wages

FUTA – 0.8% on the first $7,000 of wages

SUTA – 5.8% on the first $10,000 of wages

Worker’s compensation insurance - $12.25 per $100.00 of wages

General liability insurance – 0.55% of wages

Health insurance (company’s portion) - $450 per month per employee

Retirement - $0.50 per $1.00 contributed by the employee on 6% of the employee’s wages

law and ethics

Which is not true about CGL insurance

a. it provides protection against claims

b. insurance can be purchased on multiple layers

c. it can be a claim made or occurrence policy

d it protects against the insured loss rather than against the claim if the third party

5- On a Design-Build contract, who is responsible for paying to remedy a mistake made by a designer who has provided services compliant with the standard of care:

a. Design-build entity

b. Designer

c. Owner

d. Insurance company providing an E&O insurance policy

contractors must carry insurance to protect the business assets and because it is often required by the contract documents. Which statement is false Insurance is the same as bond Builders risk insurance can be extended to all direct loss causes. design build contractors should carry error and omissions insurance An umbrella insurance policy is often used to raise the limits of all other policies because it is cheaper

An undivided rural multilane highway segment is to be widened so as to increase its existing lane widths from 9ft to 12ft. Compute the expected average total crash frequency after widening for the following conditions.

Expected average crash frequency before widening = 20 total crashes/yr

AADT on highway segment = 1800 veh/day

Proportion of total crashes constituted by CMF-related crashes = 0.65

Question 5 options:

Locate the centroid x¯of the parabolic area. Take a = 9 in , h = 17 in .