Classify the under listed instances into the appropriate types of contracts. a. A standard form of construction contract issued by the International Federation of Consulting Engineer (FIDIC). b. A verbal promise to buy a 25-year son a car. c. A written promise to buy a 30-year-old daughter a house. The promise has been written and signed and sealed and delivered to the daughter. d. The supply by a wholesaler of 10,000 bricks to site following a telephone request from the site agent.

Classify the under listed instances into the appropriate types of contracts. a. A standard form of construction contract issued by the International Federation of Consulting Engineer (FIDIC). b. A verbal promise to buy a 25-year son a car. c. A written promise to buy a 30-year-old daughter a house. The promise has been written and signed and sealed and delivered to the daughter. d. The supply by a wholesaler of 10,000 bricks to site following a telephone request from the site agent.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter9: Pricing Construction Equipment

Section: Chapter Questions

Problem 2RQ

See similar textbooks

Similar questions

Discuss with reference to Clauses in the Conditions of Contract (FIDIC for Building and Engineering Work designed by the Employer fourth edition 1987) how the underlisted general provisions in the General Conditions Contract can be modified in the Conditions of Particular Application to allows proper contract management to reflect the desires of the Client.a) Programmeb) Epidemicsc) Suspension of Workd) Completion Timee) Bonus for Completion
Which of the following shall be excluded in the contract costs of a construction contract? a. Costs that are directly attributable to contract activity in general and can be allocated to the contract b. Selling costs such as advertisement expense or commissions of real estate agents or brokers c. Costs that directly relate to the specific contract d. Such other costs as are specifically chargeable to the customer under the terms of the contract
What is the role and obligation of the Employer's agent in the General Conditions of Contract (second edition, 2010) for Construction Works?
C. You have been employed by a newly established construction company as the project’s manager. You are bidding for a construction project for the first time, but your CEO who happens to be a retired military officer does not understand why the employer is requesting tenderers to attach Tax clearance certificate, Power of an attorney, SSNIT clearance certificate, Bid Bond / Bid security and Certificate of incorporation and to commence business. Explain to him the need for these attachmen ts.
Discuss the role of the Contract Administrator as the Employer's Agent and as an independent Adjudicator. Who is an Engineer? Explain the procedures of becoming a fully registered Engineer in Uganda What is Insurance? Explain the types of Insurances used on construction projects. Further differentiate between a Bond and Insurance. Explain the types of Bonds you know.
Appraise the right and responsibilities of the following practitioners in a construction contract, explain it briefly and include examples. Owner Architect Engineer Contractor
A client plans to construct a manufacturing plant that involves multiple engineering disciplines. Calculate the total engineering fees including taxes based on the following: Mechanical Works, $1,540,000 Electrical Works, $1,780,000 Earth Works, $950,000 Civil Works, $2,125,100 Environmental Works, $1,325,000 Basis B fees = 14% There are no office feesDo not include the Contractor payment in the engineering fees. Taxes = 13%
Does the work covered in a construction contract include a stated gaurantee period?
Select a type of construction contract and make a brief discussion of its advantages and disadvantages to both the contractor and the owner.
Is the Insurance coverage an important contractual responsibility of the contractor?
In a construction contract, which is the best party to bear the various risks?
a) What is Bidding? b) Scope of the Manual of Procedure for the Procurement of Goods c) What is ABC? d) Eligibility requirements of bidding.