Which of the following listed documents is the preferred location for specifying the amount of liquidated damages? Which document normally is used to specify the terms and conditions of the liquidated damages?Notice Inviting Bids Instructions to Bidders Bid or Proposal AgreementGeneral Conditions of the Contract Supplementary General ConditionsDivision 01 General Requirements

Q: Choose the right answer for each of the following. a) A field change is typically issued for work…

A: As per our guidelines we provide solutions for first 3 subparts  So they will be as follows

Q: True or false? Under the Partnering concept, all differences are intended to be resolved at the…

A: Given statement: Under the Partnering concept, all differences are intended to be resolved at the…

Q: Define the term Contractual Allocation of Risk?

A: Risk management is the method of defining threats and deciding whether they can be distributed, and…

Q: In a construction contract, list the effects of achieving substantial completion upon the contract…

A: The owner will be able to use the project for the intended purposes and its use does not intervene…

Q: How can the project records be used in litigation?

A: Litigation is the process of arguing or engaging in legal action in court as a method of settling a…

Q: When and under what conditions would the option to contract be executed

A: Contract: The term contract is defined as the agreement between the two (or) more parties. The…

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 phrase regarding time must be included in the contract to support a liquidated damages claim?

A: The phrase regarding that should be included in the contract to support a liquidated damages claims…

Q: How is time measured in construction contracts? Provide and example of a type of project that would…

A: Time measured in construction contracts: In any construction, project time plays an important role.…

Q: assess how time, cost and quality affect the selection of a contract

A: Estimation and Costing : The practice of estimating or assessing a number through the estimation,…

Q: Classify some of the  claims issues?

A: The construction claim is defined as a claim against the owner, by the contractor, or a claim…

Q: What are the liquidated damages?

A: The damages that occur due to the breach of the contract can be classified into liquidated and…

Q: What is the cost Reimbursable contract?

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

Q: True or false? A change order can be issued at any timeafter award of the contract.

A: A change order is an order used only to monitor a modification to someones initial build agreement.…

Q: What is Builder's risk insurance?a

A: It is a kind of insurance in Contract.

Q: May change orders be issued between the time of opening bids and the execution of the Agreement?

A: The change order is a order issued to alter, add or modify the work from what is arrived in the…

Q: When a claim or dispute arises, what steps should be taken by the contractor?

A: In the construction project, the dispute arises due to disagreements between the parties on a…

Q: Where a contract document lists an order of precedence,what effect does that provision have on…

A: An order of precedence is listed to resolve any disputes that arise from the conflicts between the…

Q: What are the alternative methods for dispute resolution?

A: Alternative dispute resolution is a method for resolving conflicts outside of the courtroom or…

Q: a) What is Bidding? b) Scope of the Manual of Procedure for the Procurement of Goods c) What is…

A: Four subparts are in the question.

Q: in which construction contract is given an accurate price fo

A: Introduction- A construction agreement is a legally enforceable contract between two parties based…

Q: What actions can be taken to collect liquidated damages for the failure of a contractor to meet…

A: Liquidated damages are penalties the value to which the parties assign as reimbursement for a…

Q: Explain the process of submitted a claim?

A: Claim generally comes in between the parties who are under the construction contract. These claims…

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: .Based on (Right of Access to the Site) sub-clause, the contractor is allowed to access the site in…

A: Answer : Option (B) is correct.

Q: What are the ancillary permits to supplement the Building Permits?

A: The goal of ancillary permits would be to ensure that the appropriate expert is held responsible in…

Q: What can be the result of the contractor’s failure to follow mandated government claims procedures?

A: A contractor is a self-employed person that carries out work for the construction company. The…

Q: An owner can protect themselves from a failure of the low bid contractor to live up to their bid by…

A: Bid bond is legal agreement that protects the owner from failure of low bid contractor by…

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: Differ between Assignment and sub contracting?

A: Subcontracting and assignment are two terms which are widely used in an construction project.  These…

Q: Builders Risk coverage is used to insure: a. builders completed operation b. property under…

A: Builders Risk coverage is used to insure: b. property under construction

Q: Is litigation more preferable or the arbitration more preferred by the contractor?

A: lest's first understand the difference between "litigation" and "arbitration".

Q: Where a contract document lists an order of precedence, what effect does that provision have on…

A: To determine the solution of disputes of field conflicts in the different parts of the contract…

Q: Is the written contract accurate?

A: A written contract is a printed agreement between two parties, one a borrower and one a lender. It…

Q: What is Litigation?

A: Litigation is defined as the method of opposing legal action in or engaging in court as a means of…

Q: Can a change order be issued at any time after the award of the contract?

A: A change order is a document which is used to record a modification to the original construction…

Q: Define the FIDIC and the JCT contracts. State also the difference between both and which one is more…

A: FIDIC stands for Federation Internationale Des Ingenieurs-Conseils. FIDIC contracts are usually…

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 is meant by; Defects liability period, liquidates damages, cost planning, bid bond,…

A: 1. Defect liability period: It is a time period or time frame during which it is the responsibility…

Q: True or False? Litigation would be the only recourse for an Owner to recoup losses from incorrectly…

A: Given- True or False? Litigation would be the only recourse for an Owner to recoup losses from…

Q: Which of the following Project Delivery Methods provides an Owner a guaranteed final project cost…

A: Given-   Which of the following Project Delivery Methods provides an Owner a guaranteed final…

Q: In preparing to bring a dispute to some kind of resolution,what measures should be taken by the…

A: In a construction project disputes arises when the contract parties disagree with each other. This…

Q: What is Contractors All Risk Insurance?

A: Contractors all risk insurance is defined as an insurance policy in which all the risks during…

Q: Write some of the common conditions that generally give rise to the need for a contract change…

A: Contract Change Order : A contract change order is work that is applied to or removed from the…

Q: Briefly discuss the two conditions that would bind the agreement in a contract. *

A: A contract is a legally enforceable written or oral agreement.

Q: How would you go about either documenting a claim for acontractor’s progress payment or its…

A: In order to appropriately document a contractor, maintain for a progress payment, the following…