Csm 204 Cd

Front 1

A general contract method is the only method in which the owner knows the total cost prior to construction.

Back 1

True

Front 2

To be called a prime contractor you must have a contract with the owner

Back 2

True

Front 3

The Owner/contractor agreement typically used by the owner.

Back 3

AIA 101

Front 4

The General Contitions document typically used by the owner

Back 4

AIA 201

Front 5

The General contractor/Subcontractor agreement typically used by the GC.

Back 5

AIA 401

Front 6

What is a Contract? 3 things

Back 6

Between two parties, enforceable by law, an agreement

Front 7

Statutory law is written law

Back 7

True

Front 8

Acontract is executed when it has been signed by both parties.

Back 8

False

Front 9

When both parties to the agreement have fully performed in accordance with the contract's terms the contract has been ______

Back 9

Executed

Front 10

An implied Contract is one in which the terms of the agreement are clear, concise, explicit, and definite.

Back 10

False

Front 11

In an ______ contract the terms of agreement, whether written or verbal, are clear, concise, explicit and definite

Back 11

Express

Front 12

All Contracts must have ________. 5 things

Back 12

An offer and acceptance
A meeting of the minds
Consideration
Lawful subject matter
Competent Parties

Front 13

The only types of contracts that must be written are related to real estate

Back 13

True

Front 14

Real property should be thought of as a bundle of rights.

Back 14

True

Front 15

_________ is the power of the state to take private property for public use with payment of compensation to the owner

Back 15

Eminent Domain

Front 16

_________ is a right created by law that permits a worker to place a claim on land on which improvemtnts have been made

Back 16

Mechanics Lien

Front 17

restrictions placed on land usage to assure orderly growth and development in a municipal area is called ______

Back 17

Zoning

Front 18

A _________ permits a worker, materials supplier, or subcontractor to notify the owner that the gerneral contractor has failed to make payments for labor and/or materials

Back 18

Stop notice

Front 19

AIC stands for........

Back 19

American Institute of Constructors

Front 20

Criminal suits are violations of the law against anyone.

Back 20

True

Front 21

3 types of surety bonds

Back 21

Payment, Performance and Bid

Front 22

The ________ states that the contractor must provied a Performance and Payment bond on federal and federally assisted projects

Back 22

Miller Act

Front 23

Liquidated Damages-

Back 23

Sum charged to the contractor by the owner for delay of project completion

Front 24

Project manuel includes...4 things

Back 24

Bidding Requirements
Contract Forms
Conditions of the Contract
Specifications

Front 25

Contract Documents...6 of them

Back 25

Contract Forms
Conditions of the Contract
Specificatoins Contract Drawings
Addenda
Modifications

Front 26

Bidding Documents...7 things

Back 26

Bidding REquirements
Contract Forms
Conditions of the Contract
Specifications
Contract Drawings
Resource Drawings
Addenda

Front 27

Bid Requirements.....4 things

Back 27

Bid Solicitation
Instructions to Bidders
Informatin Available to Biddders
Bid Forms and Supplements

Front 28

Contract Forms.....4 tings

Back 28

Agreement
Performance Bond
Payment Bond
Certificates

Front 29

The working Drawings...6 of them

Back 29

Civil
Architectural
Structural
Plumbing
Mechanical
Electrical

Front 30

A Payment Bond ensure the the surety will pay the Contractor's bills for labor and materials in the event of the contractor's Default

Back 30

True

Front 31

If a subcontractor does not provide workers' compensation for its workers, the GC is often held responsible

Back 31

True

Front 32

A bid form is the required offer for the owner to accept as the first part of a developing contract

Back 32

True

Front 33

____________ are changes made during the bidding process

Back 33

Addenda

Front 34

_________ are changes made during the Construction process

Back 34

Modifications

Front 35

The bidding documents are part of the project manual

Back 35

True

Front 36

What do owners and their agents use for the prequalification of the contractors who intend to bid on the project

Back 36

BID BONDS

Front 37

The general contractor should require each of its subs to have surety bonds

Back 37

True

Front 38

The general conditions are also known as "Boilerplate"

Back 38

True

Front 39

Surety agents are paid as base salary regardless of whether a bond is issued

Back 39

True

Front 40

Under performance specifications, the specific methods and materials used to construct the product are specified by the Owner

Back 40

False

Front 41

Unit Price Contracs are the most common type of contract used in the contruction Industry

Back 41

False

Front 42

Most construction contracts are not assignable unless expressly allosed in the contract itself

Back 42

False

Front 43

Although the subcontractor has no direct link to the owner for the receipt of payment, he does have a direct lik with regard to matters of acceptance of work.

Back 43

False

Front 44

What is it that makes a Front-End Document different from a Contract Document?

Back 44

Front= End Documents deal specifically with bidding