ICC PT Practice Questions - ICC Permit Technician (Exam 14) Exam

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An applicant requests an estimate of construction valuation for fee calculation on a permit for a single-family dwelling. Which of the following BEST describes how valuation should be determined per IBC Section 109.3?

Use only the materials cost Total value of the work, including materials, labor, finish work, electrical, plumbing, mechanical, and permanent equipment Use only the contractor's profit margin Use the appraised market value of the completed building

Correct Answer:

Total value of the work, including materials, labor, finish work, electrical, plumbing, mechanical, and permanent equipment

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