Construction Management
5th Edition
ISBN: 9781119256809
Author: Daniel W. Halpin, Bolivar A. Senior, Gunnar Lucko
Publisher: WILEY
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Chapter 2, Problem 2RQE
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Explain under what major section the contract time duration will be normally mentioned.
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In what major section of the contract is the time duration ofthe project normally specified?
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.Similar questions
- In building contract documents, what are main differences between General Conditions and SupplymentaryConditions? What is the other name of Supplymentary Conditions?arrow_forwardWhat procedural steps should be taken by the contractor in a contract?arrow_forwardIn which project delivery method do the Owner, Designer(s), and Contractor(s) enter into a single contract?arrow_forward
- Many contracts require that the contractor prepare and present the construction schedule and receive the owner's approval before any contract payments are made.Explain in detail what are the three elements of the contractor 's schedule that the owner will typically be interested in?arrow_forwardDiffer between Assignment and sub contracting?arrow_forwardDo the project records define contractual parameters within which the parties should function?arrow_forward
- 1. True or False? A payment bond provides the construction contractor a guarantee that they will receive timely payment for properly completed work 2. True or False? The terms price and cost are the same thing as it applies to a construction estimate. 3. From the following list, which item is least governing when interpreting a contract requirement?a. The Contract Agreementb. Amendments to the Contract Agreementc. Section view drawingsd. Specificationsarrow_forwardUnder what circumstances is a cost-plus contract favorableto both owner and contractor?arrow_forwardName and explain; in which construction contract is given an accurate price for a project and protect the project parties’ rights more?arrow_forward
- What specific functions of the Resident Project Representative are specified in the contract?arrow_forwardAs a contract manager or administrator is responsible for negotiating, administering, monitoring and enforcing the terms and conditions of a contract. Discussarrow_forwardName three ways the construction contract can be terminated.arrow_forward
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