Aia contract Study guides, Class notes & Summaries

CDT Exam Prep 1-4 Questions With 100% Correct Answers 2024 Bidding documents are considered legal documents? ▪ True. ▪ False. - answerFalse Codes governing commercial construction and residential construction are different? ▪ True. ▪ False. - answerTrue The A/E usually hires a construction manager? - answerFalse The Owner, Contractor and A/E are parties to the construction agreement? ▪ True. ▪False. - answerFalse There are no differences between the AIA and EJCDC general ...

NASCLA Business Law and Management Exam Questions With 100% Correct Answers, Latest Update 2024/2025 | Rated A+. Sole Proprietorship - Correct Answer-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Correct Answer-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Correct Answer-Corporations that have no restrictions on who owns their shares or the number of...

The contract documents for a project should be written primarily to protect the interest of the CM. - False The owner, CM and Designer are less likely to be involved in disputes with the Contractor if a contract is awarded to the lowest bidder. - False Use of standard forms of agreement will always result in fewer disputes? - False After the owner accepts a cm's proposed GMP as contemplated by the CMAA CM at Risk Series documents, the responsibilities and duties of the CM are essentially ...

CDT Exam Prep 1-4 Questions With 100% Correct Answers 2024 Bidding documents are considered legal documents? ▪ True. ▪ False. - answerFalse Codes governing commercial construction and residential construction are different? ▪ True. ▪ False. - answerTrue The A/E usually hires a construction manager? - answerFalse The Owner, Contractor and A/E are parties to the construction agreement? ▪ True. ▪False. - answerFalse There are no differences between the AIA and EJCDC general ...

The contractor is required to replace the lighting fixtures wiht the fixtures specified without remibursement - Answer A contractor under a fixed-price construction contract has allowed the electrical subcontractor to install lighting fixtures other than those stated in the contract documents. The electrical subcontractor and the contractor both believe the substituted fixtures to be of equal value. The construction is substantially completed and the architect rejects these fixtures. Accord...

Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - Correct Answer-Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) pg. 2 professoraxe l A. Accrual B. Ap...

CMIT Test Practice Questions The contract documents for a project should be written primarily to protect the interest of the CM. - False The owner, CM and Designer are less likely to be involved in disputes with the Contractor if a contract is awarded to the lowest bidder. - False Use of standard forms of agreement will always result in fewer disputes? - False After the owner accepts a cm's proposed GMP as contemplated by the CMAA CM at Risk Series documents, the responsibilities...

NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - Correct Answer-Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. NASCLA Contractor's Guide To Business, Law,...

ARE Practice Exam 1 Questions & Answers 2024/2025 What are the four reasons an architect should consider professional liability insurance? - ANSWERS1. Social Responsibility, 2. Continuing Operations, 3. Contract Requirements, 4. Business Survival During the building of a pre-school and day care facility, the general contractor ran over the allotted schedule which interrupted the client's intention to be up and running before the beginning of the school year. The contractor is claiming t...

Design-Build Entity Configurations - ACCURATE ANSWER-Contractor Led • A/E Led • Integrated Firm • Developer Led • Joint Venture The Controlling Entity is: - ACCURATE ANSWERwhoever holds the Prime Contract RFP - ACCURATE ANSWER-Technical Proposal -drawings, written specifications, renderings, models -Price Proposal -Stipulated Sum proposed based on Technical Proposal Standard Form Design-Build Contracts - ACCURATE ANSWER-AIA • EJCDC • AGC • DBIA What ...