CMCA PRACTICE EXAM QUESTIONS
Preparing a bid request includes which of the following:
A. Verifying References.
B. Identifying potential contractors.
C. Recommending a contractor to the board.
D. Verifying contractor insurance. Ans- B
Legal review prior to executing a contract will assist th...
CMCA PRACTICE EXAM QUESTIONS
Preparing a bid request includes which of the following:
A. Verifying References.
B. Identifying potential contractors.
C. Recommending a contractor to the board.
D. Verifying contractor insurance. Ans- B
Legal review prior to executing a contract will assist the association in the event that:
A. A subcontractor is used.
B. A performance bond is required.
C. There is a budgetary shortfall.
D. The board has questions or concerns. Ans- D
Rather than describing the scope of work in detail in the contract, a manager may:
A. Attach the bid specifications.
B. Call each contractor to describe the job.
C. Be on-site to oversee project content.
D. Suggest the board meet the contractor to talk about the scope of work. Ans- A
In older condominiums, an association should have what type of contract covering mechanical
equipment?
A. Time and materials
B. Specific repair
C.Service
D. Preventative maintenance Ans- D
For which project would a board most likely want to use a consultant to help develop bid specifications?
A.Landscape renovation project
, B. Repairing and/or replacing roofs
C. Painting the interior of lobbies and hallways
D. Repairing HVAC and boilers Ans- B
In what type of contract would a waiver of lien be recommended?
A. Repair of the HVAC system
B.Re-roofing the buildings
C. Repair of the pool pump
D. Annual tree pruning Ans- B
In terms of compensation , a contract should state:
A. Who provides insurance coverage
B. Each employees rate to perform work
C. When and on what terms payment(s) will be made
D. Requirement for a payment bond Ans- C
Alternative dispute resolution includes which of the following methods?
A. Mediation
B. Subrogation
C.Litigation
D.Indemnification Ans- A
Employment contracts need not included:
A.Legal Sources
B.Interests
C.Termination
D.Notice Ans- B
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