CNST 2341 Final || Questions and 100% Verified Answers.
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CNST 2341
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CNST 2341
AIA 201
3.18 Indemnification
3.18.1 correct answers Contractor shall hold the owner not liable for any harm done by him and shall compensate for any harm loss arising out of or resulting from any extent caused by the neglect or omission of the Contractor or any representative for the contrac...
CNST 2341 Final || Questions and 100% Verified Answers.
AIA 201
3.18 Indemnification
3.18.1 correct answers Contractor shall hold the owner not liable for any harm done by him and
shall compensate for any harm loss arising out of or resulting from any extent caused by the
neglect or omission of the Contractor or any representative for the contractor is held liable.
AIA 201
3.18 Indemnification
3.18.2 correct answers The person at fault from the contractors or subcontractors side has a claim
on them then, they are liable to the indemnification obligation under 3.18.1 shall not be limited
by a limitation on amount of type of damages.
Indeminify correct answers to compensate for harm loss
`The 3 method of payment are ? correct answers 1. Lump Sum
2. Unit price
3. Cost Plus
Lump Sum correct answers Single payment made at a particular time
Unit Price correct answers The cost per unit
Cost Plus correct answers relating to or denoting a method of price , a service or a product in
which a fixed profit factor is added to the costs
Name the 4 methods there is to deliver a project in the construction industry: correct answers 1.
Design/Bid/Build
2. Design/Build
3. Turn Key
4. Construction Management
Design/Bid/Build correct answers a project delivery method in the agency or owner contracts
with separate entities for the design and construction method.
Design/Bid correct answers A method to deliver a project in which design and construction
services are contracted by a single entity known as the design-builder or design-build contractor.
Turn Key correct answers of or involving the provisions of a complete product or service that is
ready for immediate use
,Construction Management correct answers a professional service that uses specialized project
management techniques to oversee the planning, design, and construction of a project from
beginning to end.
Sub-Contract correct answers A contract in which one party involves a third part to carry on a
portion of its responsibilities.
expressed contract correct answers a contract in which all the terms are clearly expressed .
Implied Contract correct answers A contract in which NOT all the terms are clearly expressed
Joint correct answers A contract in which a number of individuals are represented as one party
and forgiveness of any individual by plaintiff implies forgiveness of the rest of the individuals
making that party
Several correct answers A contract in which a number of individuals are represented as one party
but forgiveness of any individual by the plaintiff does not imply forgiveness of the rest of the
individuals making that party .... plaintiff can select and choose
MLA Format correct answers (Header)_ LastNamePage#
Name
Professor
Class Course
Date
Title
Contract correct answers is an agreement to do or not to do certain thing...
For any contract to be enforceable in a court of law it must have the following 4 elements of
legally enforceable contracts: correct answers 1. Capacity to contract
2. Legal Subject Matter
3. MUTUAL CONSENT
4. CONSIDERATION
The Four Corners rule correct answers is a contract law doctrine "the meaning of a document is
tyo be gathered from the entire (all four corners) Document
It is a commonality is to sign Subcontracts when what? correct answers The completion stops to
avoid erosion of our position.
The 2 conditions for ending a contract are: correct answers 1. Performance of the contract
2. Termination of the contract
Substantial Completion correct answers The completion at which the owner can use the project
for its intended purpose.
, Termination for convenience: correct answers - contractual right given to the owner but
contractor is paid for work in place
- To end the contract at no fault of the contractor
Termination for convenience right is usually exercised when? correct answers 1. Owner faces
financial problems
2. The need for the project is eliminated
Termination for Default: correct answers It is a contractual right given to the owner to end the
contract because of contractor's breach (violation) of contract terms.
Termination for Default entitles the owner to : correct answers - withholding all money due to
contractor
- seizing contractor's material and equipment on site
- holding contractor liable for increased costs
Types of Damages: correct answers Compensatory Damages
Liquidated Damages
Actual Damages
Compensatory Damages correct answers To compensate for losses incurred by the non-
breaching party and place it back in the same economical position prior to the breach.
Liquidated Damages correct answers - Unique to construction contracts
- They compensate the owner for losses due to late completion of the project caused by
contractor
- $/Day for everyday past the contract completion date
Actual Damages correct answers Difficult to calculate
$/Day reflects good faith at the time of executing the contract.
Liquidated Damages are not what? correct answers a penalty or an element of intimidation
Design-Bid-Build First 2 rows correct answers owner
architect , general contractor ,and construction Lender
General Contractor usually perform ______ of the total scope of work; the rest is performed by
the subcontractors correct answers 0 - 20%
`serve as one point of responsibility to who? correct answers the owner
One of the GC functions are to Facilitates Interpretation of documents for who? correct answers
The Subs
One of the GC functions are to coordinate the work and the schedule to what? correct answers
Ensure timely completion of the project
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