Which entry is the acronym for a book listing unit prices for construction items?

Which entry is the acronym for a book listing unit prices for construction items?

• A. UPB
• B. Unit Price Book
• C. Unit Price Schedule
• D. Utility Price Board

Answer: (A)

Think about a source that itemizes costs for construction items. A Unit Price Book is exactly that—a compilation of unit prices used to estimate, compare bids, and prepare takeoffs. The acronym UPB stands for Unit Price Book, which is why it’s the best choice. The other terms describe different things: a Unit Price Schedule would be just a list or schedule of unit prices and isn’t the standard acronym for the book; Utility Price Board isn’t a recognized term for a construction price reference.

Think about a source that itemizes costs for construction items. A Unit Price Book is exactly that—a compilation of unit prices used to estimate, compare bids, and prepare takeoffs. The acronym UPB stands for Unit Price Book, which is why it’s the best choice. The other terms describe different things: a Unit Price Schedule would be just a list or schedule of unit prices and isn’t the standard acronym for the book; Utility Price Board isn’t a recognized term for a construction price reference.