Oregon Construction Contractors (CCB) Practice Test

Can suppliers provide you with both the materials price per unit and lump sum?

1. Yes, but only for certain materials

2. Yes, both methods are valid

3. No, only lump sum is allowed

4. No, only price per unit is allowed

The correct answer is: Yes, both methods are valid

Suppliers can indeed provide both the materials price per unit and a lump sum quote for a project, making both methods valid. This flexibility allows contractors to choose the most suitable pricing structure for their project needs. When suppliers provide a price per unit, it allows for precise budgeting based on the specific quantity of materials required, which is especially useful when the quantities can vary or when the scope of the project is not firmly established. On the other hand, a lump sum price gives contractors a straightforward total cost, which can simplify budgeting and financial planning when the quantity of materials is certain and known upfront. The ability to receive pricing in both formats supports better financial management and offers alternatives to adapt to various project circumstances.