PC4:6 - Marketing, fee calculation, bidding and negotiation Question Title * 1. What does ARB's Standard 4 say about fees? (Required.) All fees must be clearly recorded in writing All fees or the method of calculating it should be recorded in writing All fees or the method of calculating it should be recorded in writing before any professional work is undertaken All fees or the method of calculating it, as well as initial payment should be made and recorded in writing before any professional work is undertaken Question Title * 2. Which one of the following is not a common form of fee calculation? (Required.) Profit Split Time-Based Charge Lump-Sum Fee Percentage of Building Cost Question Title * 3. Which of the following is not a form of bidding/tendering? (Required.) Single Tender Invited Tender Traditional Open Competition Question Title * 4. Which of the following is not a key attribute of a Framework Agreement? (Required.) Getting onto a framework is not a guarantee of work A small retention is typically paid to parties for them to remain on a framework Any work that comes through a framework is referred to as a 'call-off' A framework is a shortlist of suppliers that client's can invite to tender future projects Question Title * 5. What does OJEU stand for and what is it? (Required.) The Official Journal of the European Union is a public procurement publication for public sector contractors to EU member states. The Official Journal of the European Union is a framework agreement for public sector contractors to EU member states. The Official Journal of the European Union was a public publication, but has ceased to exist since Brexit. The Official Journal of the European Union is a list of certified contractors who provide best of class construction services to EU member states. Done