Exam (elaborations)
NASCLA CONTRACTORS GUIDE QUESTIONS AND ANSWERS
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NASCLA CONTRACTORS GUIDE QUESTIONS AND ANSWERS
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Name: Score:94 Multiple choice questions
Term 1 of 94
what do contractors give to homeowners of homes that are pre-1978
guide to landscaping your backyard booklet
tips for energy-efficient appliances leaflet
paint color options for your walls brochure
protect your family from lead in your home pamphlet
Term 2 of 94
advantages of a general partnership
-unlimited personal liability
-less available capital
-possible difficulty obtaining long-term financing
-dissolution of the business on the even of the owner's death
-ease of formation
-direct profit rewards
-larger management base than that of a sole proprietorship
-unlimited personal liability of general partners
-multiple decision makers
-limited life of the business
-changes of partners or partnership agreement may be difficult
-partnership dissolves in the event of the death of a general partner
-minimal legal restrictions
-simple ownership form
-low start up costs
-sole ownership of profits
-freedom in decision making process
,Term 3 of 94
The Miller Act calls for ______ and ______ bonds for all Federal projects costing more than
$100,000.
applies to employers with 15+ employees
prohibits discrimination of persons with disabilities
Performance and Payment bonds
- Bus Law & Proj Mgmt pg 4-9
Requires payment of minimum wage and overtime on contracts that provide goods to
the federal givernment
Require performance and payment bonds on all federal construction projects greater
than $100k
Term 4 of 94
shows the activity duration and sequence of tasks to be completed
calendar
calendar
bar chart
critical path
bar chart scheduling
punch list
Term 5 of 94
Social security tax for a self employed contractor is__________
based on the rate set forth for the self-employed in which the tax is paid
- Bus Law
absolves the indemnified party from any payment for losses and damages incurred by a
third party
Known project cost before construction
- Const Proj Mgmt pg 102 & 256
helpful in the estimating and project management
,Term 6 of 94
source documents
cash receipts
credit card receipts
customer invoices
purchase orders
materials invoices
deposit slips
time cards
absolves the indemnified party from any payment for losses and damages incurred by a
third party
if the contract cannot be clarified based on this method, the interpretation will go
against the party who wrote it
-invitation to bid
-bid instructions
-bid forms
-supplements
Term 7 of 94
what is the benefit of a job cost recording system
used for marketing purposes only
irrelevant to project planning
helpful in the estimating and project management
focused solely on employee benefits
Term 8 of 94
lump sum contract
contractor agrees to complete the project for a predetermined, specified price
contractor receives payment in installments based on project milestones
contractor is paid based on the number of hours worked on the project
contractor agrees to complete the project without any specified cost
, Term 9 of 94
Miller Act
Require performance and payment bonds on all federal construction projects greater
than $100k
Act promoting renewable energy sources in residential buildings
Legislation regulating fishing quotas in international waters
Law mandating recycling programs in public schools
Term 10 of 94
OSHA _______ is essentially a numerical summary of incidents for a particular location.
Form 300A
- Construction Jobsite Mgmt pg 248
- Bus Law & Proj Mgmt pg 12-4
A) Class A
- OSHA 1926.150 Table F-1, pg 213
Shoring
- Principles and Practices of Commercial Const pg 104
offer and acceptance
consideration
competent parties
legal purpose
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