Constructions Estimating

1. Briefly describe, from your perspective, the advantages and disadvantages of the four contract systems
presented in Module 2.
2. Briefly describe, from your perspective, the advantages and disadvantages of the three contract payment
agreements presented in Module 2.
3. If you are an owner, which bonds and insurances, if any, would you ask from the contractor? Why?
4. In your own words, describe the different components of the Project Manual and their purposes.
Important notes:
• Be concise in your answers and use bullet points.
• The assignment will be evaluated for its originality using Turnitin. Make sure to use your own words