Matrix costing Right Ans - Evaluates cost elements in a broad matrix of
interaction
General conditions of a construction contract between an owner and
contractor, a201 Right Ans - Establish the legal basis for constructing a
project
A201, general conditions Right Ans - General in covers items that are
common to every project. Can be tailored to specific projects with
supplementary or special conditions. Architect is not permitted to prepare it,
only an attorney is authorized to prepare such a contract.
Supplementary and special conditions Right Ans - Required to cover
unique situations not covered in the a201 general conditions.
Supplementary conditions Right Ans - Used to modify the standard forms.
Accommodates the legal, physical, or climatic conditions of the specific
project. Follows the format of the general conditions and parallels its
provisions. New items can be inserted, other items can be revised or deleted.
Special conditions Right Ans - Used when supplementary conditions must
be extended. May include a governmental agencies specific requirements.
A201 General conditions Right Ans - Establish rights and responsibilities of
the parties, which are consistent from project to project.
Gen. requirements of the specifications, division 01 Right Ans - Establish
administrative procedures, contractors obligations, specific procedures in
regards to obligations specified in the general conditions.
General conditions versus general requirements Right Ans - A duty is
established in the general conditions, it means for discharging that duty is
defined in the general requirements divisions of the specifications.
Owners principal obligation Right Ans - To pay the contractor
, Additional owner obligations Right Ans - Owner must provide required
surveys, legal descriptions of the site, and easements if necessary. Owner is
also required to provide contractor with as many copies of the drawings and
specifications as reasonably necessary during the construction.
An owner has the right to order a contractor to stop the work Right Ans - If
construction is determined to be defective or not being performed according
to the contract documents.
Subcontractors Right Ans - Have the same rights relative to the contractor
that the contractor has relative to the owner
Prime contractor Right Ans - A prime contract is one executed between the
owner and contractor
Separate prime contracts Right Ans - Used if an owner wants to, or is
required to, contracts directly with several contractors.
Construction manager Right Ans - May be retained to provide coordination
services in the event of multiple prime contracts. Problems frequently arise
when one contractor delays or damages another contractors work using
separate prime contracts.
Bonds Right Ans - The owner can require the contractor to provide bonds
assuring that contract work will be performed in accordance with the contract
documents. Provided by surety companies.
Bid bonds Right Ans - Five or 10% of the bid amount. If the low bidder
refuses to sign a contract for the amount bid, the surety partially or fully
compensates the owner for the difference between the low bid in the actual
contract price.
Property insurance Right Ans - Also referred to as builders risk insurance
Owner must purchase property insurance for the full insurable value of
construction work.
Builders risk insurance Right Ans - Includes fire and property damage
insurance for a property during construction. Also covers temporary
structures, materials, equipment, and supplies, tools and equipment.
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