Why is the Insurance coverage an important contractual responsibility of the contractor?
Q: If a general contractor does not feel like paying worker's compensation fees, then the contractor…
A:
Q: A successful contractor bidding for a project is required to engage an bond by the client. Discuss…
A: Contractor : The legal agreement gives rise to the word contractor. The owner and the builder will…
Q: Explain the tender procedures?
A: Tendering is the process of making an offer, bid or proposal, or expressing interest in response to…
Q: How can Some of the risks be transferred to others by contract?
A: The risk management technique in which the risk in a contract for project is transferred from one to…
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: xplain on the total comparison analysis between workmen's compensation and contractor all risk…
A: Workers' compensation is a type of plan that offers pay substitution and healthcare benefits to…
Q: Do the contractors have the right to file claims?
A: Yes, the contractors have the right to file claims.
Q: What factors should be considered by the contractor who is deciding whether to rent or buy…
A: Being a contractor, the requirement of construction equipment is necessary on every site. If a…
Q: How is liens law beneficial for sub-contractor?
A: The liens law is a law that is used for protecting the rights of the professionals of getting paid…
Q: What steps must be taken to set up a partnership? How cana partnership be dissolved?
A: A general partnership does not require any official documents to set up. It can be as simple as an…
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: Define the term fixed-price contracts?
A: A fixed-price contract is also known as a lump-sum contract or a firm-price contract. It establishes…
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: Discuss the importance of boilerplate contract terms and conditions as part of the contract. How do…
A: Boilerplate clauses, also known as common, general, and miscellaneous clauses, are provisions that…
Q: What are the different types of business disputes?
A: When a dispute occurs within a business is called as business dispute. The business dispute should…
Q: What are the obligations of the contractor?
A: In the construction project various roles are performed by the contractor. The contractor is the…
Q: What type of insurance protects against legal liability to public?
A: Liability insurance offers protection from claims that result from injury and harm to individuals…
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 are the benefits of the Changed Conditions Clause used by the Owner?
A: The Changed Conditions Clause is the most common and effective clause used in any construction…
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: What are the responsibilities of the owners?
A: Risk management is one of the most significant functions of an owner to make any large project…
Q: Who provides performance and payment bonds?
A: For several construction projects a payment bond is needed.
Q: the contractor is responsible for the safety of employees what should he take for that?
A: So it is very important to ensure the safety of the workers involved in the construction in order to…
Q: What is Bidder Prequalification?
A: Bidder Prequalification:
Q: What are the Pre-req of LEED SS credit?
A: Leadership in Energy and Environmental Design (LEED) is a rating system that can to the following…
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: Question 2: (a) Occassionally I have been asked by a contractor or other professional to sign and…
A: a. As per National Society of Professional Engineer (NSPE) "responsible charge" is defined by…
Q: Why do the contractor favor no fault settlement while resolving a dispute?
A: A dispute resolution is also referred to as alternative dispute resolution, it is a method for…
Q: Is it vital to practise risk management while managing construction or information technology…
A: Risk management is the method of limiting or managing risk. In this process risk is identified and…
Q: Discuss the role of the Contract Administrator as the Employer's Agent and as an independent…
A: Hi! Thank you for the question. As per the honor code, we’ll answer the first question since the…
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 effect of “beneficial use” on the foregoing list of contract requirement?
A: There are several effects of “beneficial use” on the foregoing list of contract some of them are…
Q: What is the importance of the performance and payment bonds?
A: A performance bond is carried out ensuring the contractor completes the work in compliance with the…
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: What types of coverage are provided under a guarantee?What types under a warranty?
A: The period of guarantee for construction contracts is 1 or 2 years. The complete project's one year…
Q: What is one of the most common causes of contractor claims?
A: There square measure several quite conflicts occur in construction industry between the parties that…
Q: . Name one set of circumstances where it is permissible in public contract to specify a sole source…
A: In a public work contract, the engineer or the architect capabilities to specialize only one brand…
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: What Is the legal significance of a material misrepresentation in an insurance application?
A: Brief concept- Material Misrepresentation- Material Misrepresentation is defined as the deliberate…
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: If the engineer or the owner disputes the work being performed by a subcontractor, with which party…
A: The contractor is responsible for the betterment of the project. The contractor also responsible to…
Q: Explain the statement 'submittal of evidence insurance'?
A: The proof of valid insurance with an insurance company which is provided to another individual for…
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: What are the rules under which the Contractor must operate to avoid risks?
A: RISK-Risk in risk management is defined as a tool which will help in planning, monitoring and…
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…
Why is the Insurance coverage an important contractual responsibility of the contractor?
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- What are the obligations of the contractor?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.What are the rules under which a contractor must rightfully operate?