On federal grant programs, why are the certified payrolls obtained from the contractor on Labor Department Form?
Q: Who is the Employers Agent?
A: Employer's agent is defined as the term which is used for the description of the agent who is…
Q: What is the position of the Contractor on change orders and Extra work?
A: Change order is to be approved and signed in writing by owner. Good contractor will never submit a…
Q: Why is the process of pricing materials usually easier than pricing labor and equipment on a…
A: The process of pricing materials usually easier than pricing labor and equipment on a project…
Q: What are unit price contracts?
A:
Q: . Are some of the tasks in the construction project dependent upon the completion schedule of…
A: Every task in construction is interdependent on each other.
Q: Can you produce an accurate forecast of the cost of a project using the cost-per-unit method of…
A: Estimation of the building is important in pre-planning so that a rough estimate can be prepared and…
Q: Q3. A/ The taDie below is the value of the amounts contractor that were distributed to each of the…
A:
Q: Why does the estimate of probable total cost need to be revised as the project progresses?
A: there are two reasons for revise cost of project as project progress.
Q: Wich is the major risk in a construction project?
A: Each construction project is exclusive and comes with its own set of opportunities and challenges.…
Q: What three important criteria must a part program satisfy in order to qualify for use in production…
A: Part programming- NC part programming with CAD/CAM is a more advanced kind of computer-assisted part…
Q: How is the construction manager responsible for the coordination of the trades?
A: Trade coordination entails communicating and working with supervisors, subcontractors, suppliers of…
Q: What is the Project Managers role under NEC contracts?
A: The Project Manager's role is a realistic guide for those who perform the function of Project…
Q: What is a payless notice?
A: Pay Less Notice is defined as the notice which is written in order to notify the Payee from the…
Q: What are the advantages and disadvantages to the contractor of renting rather than buying equipment?
A: Renting equipment increases the cost activity in the project if the quantum of work performed using…
Q: . Is the contract lump-sum, unit-price, or cost-plus-fixed-fee?
A: The lump sum contract is the most common type of an owner-contractor agreement, and is fairly easy…
Q: If you are the contractor bidding for a project, is owning heavy construction equipment advantageous…
A: There are various factors need to be considered in deciding between to buy or rent. The detailed…
Q: What are the different periods during the life of a project when unjustified requests for…
A: Substitution process allows the contractor to use different brand with same specifications and…
Q: What factors influence the rate assigned to a contractor forWorkmen’s Compensation insurance?
A: Employers are legally obligated to take reasonable care to assure that their workplaces are safe.…
Q: What we can do if the consultant reject part form the work carried out by the contractor?
A: First of all do ensure that the consultant reject part form the work carried out by the contractor…
Q: What are the payment provisions under the construction act?
A: The construction act allows each worker under a construction contract to accept payment in stage…
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: C. You have been employed by a newly established construction company as the project’s manager. You…
A: Tax clearance certificate: The tax clearance certificate is given by the government. This…
Q: Why is the accurate pricing of labor and equipment very difficult on some projects?
A: The labor and equipment are the most important part of any project. They both are connected to each…
Q: How is the acceleration of work beneficial for the contractor?
A: Acceleration of a construction project is pretty simple: It’s once the work being performed should…
Q: What is the cost-plus incentive fee?
A: Cost plus incentive fee Cost plus incentive fee is a fee amount in which there is a fixed amount and…
Q: What is the fixed-price incentive contract?
A: Fixed price incentive contract is a contract in which a fixed percentage on the total target cost or…
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: Why does the contractor not want to make a commitment to unit -price amounts?
A: In Unit price amount contract, it is a commitment by the contractor to fix the rates of each and…
Q: What is the "Contractor's Risk" and how does it Relate to the type of Construction contracts to be…
A: Contractor's risk is defined as the association with a construction project. It is defined as the…
Q: What is the derivation of the costing of a new item of work not included in the original contract?
A: When there is a new item which is not included in the original contract then the following steps are…
Q: Visit a local contractor and a local hiring hall and determinethe procedure to be followed in the…
A: Hiring construction laborers is an essential part of construction project. Hiring inexperienced…
Q: Why do the public works projects mostly involve some retention of a portion of earned funds of the…
A: The retention of the earned funds or the retainage is the amount of money held back from the…
Q: What is the purpose of a price allocation form?
A: The price allocation form is a start to finish list of work item on a project that represent the…
Q: What are the results of using the total cost method for the contractors?
A: Largely, the Total Cost approach of quantifying building claims has been disadvantaged by the courts…
Q: How is the payment for the mobilization costs done to the contractor?
A: The Mobilization Advance is a financial payment to the contractor made by the client for initial…
Q: A kind of monetary compensation provided to the employee for their work performance: Blank 1 Blank 1…
A: A kind of monetary compensation provided to the employee for their work performance Incentive.
Q: What is the Contract Administrators/Employers Agent role under JCT?
A: The contract administrator is an expert in the construction industry who is employed by the owner to…
Q: Are the cost of delays caused due to the change orders?
A: Change order is an official request for additional time and funding for completion of the revised…
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: A construction manager just starting in private practice needs a van to carry crew and equipment.…
A:
Q: If you were bidding on a project in your own town, which of the following activities are not…
A: Brief concept introduction- Estimate- It is the approximate amount that can be spent on the project…
On federal grant programs, why are the certified payrolls obtained from the contractor on Labor Department Form?
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- What are the payment provisions under the construction act?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%What is a payless notice?
- Why is the Resident Project Representative liable for performing effective services?What means are available to a contractor bidding a unit-price project for recovery of “General Conditions Work” (mobilization, bonds, insurance, cost of permits, and other preconstruction expenses)?. Are some of the tasks in the construction project dependent upon the completion schedule of another contractor schedule?
- What is the cost-plus incentive fee?General Contractors working an a project that requires several months to complete typically request payment from the Owner on a monthly basis. They submit what is referred to as a Pay Application. What do GC's typically ask for payment of? Group of answer choices A)Ordered materials and equipment B)Installed materials and equipment C)Materials and equipment stored on site D)A & B only E)A & C only F)B & C only G)All of the above