NM CID GF-5 Practice Questions - New Mexico CID GF-5 Recreation Areas Contractor Examination Exam

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A unit-price park contract lists field grading at USD 4.50 per cubic yard. If plan quantity was 2,000 cubic yards and measured quantity is 2,240 cubic yards, how is the grading typically paid unless the contract says otherwise?

USD 9,000, because the bid quantity controls USD 10,080 for 2,240 cubic yards at USD 4.50, subject to any stated variation-in-quantity clause Whatever lump sum the contractor later demands No payment above 2,000 cubic yards under any unit-price contract

Correct Answer:

USD 10,080 for 2,240 cubic yards at USD 4.50, subject to any stated variation-in-quantity clause

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