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Contractor Construction Management Questions and Answers Graded A+

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Contractor Construction Management Questions and Answers Graded A+ What is required for a contractor to obtain a license? Submission of a completed application, proof of experience, and passing a licensing exam. What must contractors include in their written contracts? Detailed scope o...

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Contractor Construction Management
Questions and Answers Graded A+

What is required for a contractor to obtain a license?


✔✔ Submission of a completed application, proof of experience, and passing a licensing exam.




What must contractors include in their written contracts?


✔✔ Detailed scope of work, payment terms, and completion deadlines.




What is the purpose of a performance bond in construction projects?


✔✔ To ensure that the contractor completes the project according to the contract terms and

compensates for any financial losses if they fail to do so.




What is a lien waiver, and why is it important?


✔✔ A document signed by a subcontractor or supplier confirming that they have been paid and

relinquishing any right to file a lien against the property.




How long is the statute of limitations for filing a construction defect claim?


✔✔ Six years from the date the defect was discovered or should have been discovered.

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,What are the requirements for renewing a contractor's license?


✔✔ Completion of continuing education and payment of renewal fees.




What is the role of the Contractors Board?


✔✔ To regulate and oversee the licensing and conduct of contractors, ensuring compliance with

state laws and standards.




What is a "Notice of Completion," and when must it be filed?


✔✔ A document filed by the property owner or contractor upon project completion, which starts

the timeline for filing any claims or liens.




What are the consequences for a contractor who fails to comply with licensing requirements?


✔✔ Fines, penalties, or suspension/revocation of their contractor's license.




What is required for a contractor to prove financial responsibility?


✔✔ Providing financial statements, proof of bonding, and demonstrating adequate insurance

coverage.



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, What information must be included in a contractor's license application?


✔✔ Personal identification, business information, proof of experience, and any required

financial statements.




What is the role of a contract in managing construction disputes?


✔✔ It serves as a legal reference for resolving disputes by outlining agreed-upon terms and

conditions.




What does a contractor need to do before starting a construction project?


✔✔ Obtain all necessary permits and approvals, and ensure that contracts and insurance are in

place.




What is the purpose of a "change order" in a construction project?


✔✔ To document any changes to the original scope of work, including adjustments to cost and

schedule.




How can a contractor demonstrate compliance with safety regulations?


✔✔ By implementing safety protocols, training workers, and maintaining proper safety

equipment on site.

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