Does the work covered in a construction contract include a stated gaurantee period?

Q: What are the different types of construction contracts?

A: A construction contract is a formal or legally binding agreement made between two organizations…

Q: Do the contractors have the right to file claims?

A: Yes, the contractors have the right to file claims.

Q: What is the effect of “beneficial use” on the foregoing list of contract requirements?

A: Beneficial use of contracts is also called beneficial occupancy, it explains about the building…

Q: What standard forms of contract are offered by JCT?

A: The Joint Contract Tribunal's (JCT) standard forms of contract are created for difficult or big…

Q: What are the several factors to chose a contract?

A: A contract is a legally enforceable file that identifies and regulates the rights and…

Q: Write the advantages and disadvantages of the design-build contract?

A: The design-build contract is a type of contract in which the contractor has the sole responsibility…

Q: Can the contractor, attempt to interpret the strict orders of specifications to prepare the bid?

A: Bidding is the process in a tender and the one who put the highest bid will get the contract.

Q: Is the Insurance coverage an important contractual responsibility of the contractor?

A: Contractual insurance protects against accidents that the policyholder has expected from entering…

Q: . Describe the three types of authorities exercised in a construction contract?

A: Three types of authorities exercised in a construction contract are : 1.Actual Authority : It is…

Q: What is the cost Reimbursable contract?

A: A constructional contract is defined as an agreement between two parties in which general and…

Q: What is meant by the following terms?a. Yellow-dog contractb. Agency shopc. Subcontractor clause

A: a) Yellow Dog Contract:- The contract in which the employee is asked by employer to sign an…

Q: Determine the criteria for the selection of a contract. Time  Cost  Quality  Risk

A: Brief concept introduction- Contract- A contract is an agreement between two parties that is…

Q: How can the differences between the parties affect contract cost or time required to complete the…

A: Several differences can occur between parties in an ongoing project that may lead to disputes and…

Q: Describe the procedure of how partial payments to the contractor is done?

A: Partial payment is also called as progress payments. These payments are based on the percentage of…

Q: When do most disputes in construction contracts occur?

A: When a construction dispute occurs, the contracting parties may wonder which is the best course of…

Q: Describe the general conditions of the construction contract?

A: General requirements cover any part of the project, meaning that it may be complicated to break down…

Q: Enumerate CIAP Document 102 and does CIAP Document 102 apply to all construction Contracts?

A: Brief concept introduction- CIAP Document 102- The industry's utilization, conventions, and best…

Q: Write down the required documents to be submitted by the contractor during bidding phase and while…

A: Construction bidding is defined as the process of giving project proposal for the construction of…

Q: What are the contractor’s financing charges on a project, and how is the cost of financing charges…

A: Brief concept introduction- Every project needs a contractor and he/she charges some fees to…

Q: What is a design-build contract and its functions?

A: The design-build contract is a type of contract in which the contractor has the sole responsibility…

Q: In what major section of the contract is the time duration ofthe project normally specified?

A: Supplementary conditions section contain special points which qualify or modify the general…

Q: Under which conventional contract is the Representative involved?

A: The Representative is involved in the traditional procurement route contract which is commonly…

Q: Name three ways the construction contract can be terminated.

A: There are several explanations for breaking a construction contract. Non-payment by some manager or…

Q: Why should the Resident Project Representative not receive the submittals from the sub-contractors…

A: All the vendor applications must be managed in an organised, clear, and effective way. Shifts in…

Q: essary to retain at least one set of origi

A: When choosing a vendor to subcontract a project to, or to buy materials and services that are…

Q: What are the duties of sub contractor?

A: In certain instances, subcontractors could be an entity, they really aren't called any contractor's…

Q: What are some of the safety items that may be pertinent to the contract?

A: The Contractor will take all precautions of safety when executing the work assigned and will always…

Q: Visit a local building contractor and determine how he orshe handles control of submittals from…

A: According to qusetion; As a construction and material testing (CMT) engineer, I had been working…

Q: Describe the term International Construction Contract?

A: International Construction contract is defined as the contract prepared for the international…

Q: Are the quantities of supplies or work stated in the original Bid Schedule used to determine the…

A: The explanation of the quantities of supplies or work stated in the original Bid Schedule used to…

Q: How do the Owners and the Contractors set the pace?

A: Setting the pace between owners and the contractor is very important for the project why it is…

Q: If you want to build a home for yourself, which contract will choose: O a. cost plus fee O b. Any…

A: option D is correct ( Lump sum Contract ) Home can be built by any method but most suitable method…

Q: In a construction contract, which is the best party to bear the various risks?

A: In a construction contract there are various risks, some are given below: Logistical risks Socio…

Q: on the typical project, there are usually how manyprime contracts with the owner?

A: There are generally two prime contracts occur with the owner in a typical project.

Q: What procedural steps should be taken by the contractor in a contract?

A: A contractor is a self-employed person who can carry out the works for the construction company. The…

Q: Who is in control of construction means and methods in a construction contract?

A: The construction means and methods refer to the resources such as building materials, labor,…

Q: Must a contractor accept and perform all the work involvedin each contract change order? Is there a…

A: Contractor accept and perform all the work involved in each contract change order; A contractor,…

Q: Why is it important to understand how to choose the correct type of consruction contract to issue?

A: Answer:- Construction contract:- It is a mutual or legally binding agreement between two parties…

Q: Do the project records define contractual parameters within which the parties should function?

A: Let's first understand "what is project record" Managing project records is a crucial responsibility…

Q: What type of bond guarantees that if a contractor goesbankrupt on a project the surety will pay the…

A: Payment bond guarantees that if a contractor goes bankrupt on a project the surety will pay the…

Q: Is it advisable to use cost-loaded CPM for progress payments to the contractor on unit-price…

A: The cost-loaded schedule is composed of the works that have been ordered and distributed across the…

Q: To what types of documents are the public works contracts used?

A: The public works contracts are the contracts for financial interest decided in writing between a…

Q: What is the procedure of the punch list obligations followed by the contractor?

A: Procedure of the punch list obligation followed by the contractor is very simple and it is mention…

Q: Why is the contractor liable of providing the surety bonds to obtain written release prior to the…

A: Let's first understand that what is surety bond: A Surety bond may be a triangular contract. One…

Types of Contracts

A verbal or written agreement between a person and a firm, for undertaking construction, material supply, maintenance, and repair work which is enforceable by law is termed as a contract. The person who undertakes the contract for execution of the work is termed as a contractor. The contracts are classified into different types depending on the nature of the contract.