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Given the bond premium table, what is the Bond Premium for a $2,755,000 Project? First $ 500,000 $12.00 per M Next $ 2,000,000 $6,000 plus $7.25 per M Next $ 2,500,000 $20,500 plus $5.75 per M

$21,966

Which document makes changes, modifications and corrections prior to bid opening?

Addenda

What is the purpose of an EMR?

Adjust Workers Compensation Manual Rate to reflect a company

Which type of law governs agencies set up to carry out specific laws passed by the legislature?

Administrative Law

Which party has all of the liability for a descriptive specification?

Architect/Engineer

Which party has liability for a proprietary specification if it does not perform as stated?

Architect/Engineer

How are most U.S. government contract disputes initially handled?

Armed Services Board of Contract Appeals

According to the Construction Safety Standards, what is the name of the wrongful act if a person is informed of a wrongful act and indicates that they understand the safety rules, but they proceed wrongfully anyway?

Wilful Violation

Assume that you are working on a three-story addition to an existing building and there isn't any work contracted in the existing building. You allow your subcontractor to store their material on the 3rd floor of the existing structure which does not contain any work. According to the legal system, WORK is defined by the Contract Documents and the Builders Risk Policy and it has a very specific trade meaning in Construction. Which of the following clearly defines the word works according to the courts?

Work within the contract limits of the new structure

Which type of insurance covers injuries to workers employed at the job site?

Workers' Compensation

Which type of insurance covers all parties and all risks under one unified insurance program and purchased by the Owner?

Wrap Up Policy

The Contractor submits a bid for $1,303,071 with the appropriate forms. They receive a Notice of Award letter indicating that their bid has been selected. The Contractor decides not to accept the contract. Will the Contractor lose anything?

Yes, they will lose the amount of their Bid Bond Face Value

Which type of law case requires you to prove due diligence?

Criminal case

What does the abbreviation EMR stand for?

Experience Modification Rating

Which type of law is the most difficult to change?

Federal Circuit Court of Appeals

What types of projects establish prevailing wage rates?

Federally Funded Projects

Which type of insurance protects the Contractor's Off-Road Construction Equipment?

Floaters Insurance

Which document describes the duties and responsibilities of each party and the business procedures for administering the contract?

General Conditions

Which of the following documents is normally incorporated by reference?

General Conditions

The Preamble to the OSHA Construction Safety Standards states that "the company representative must provide a place of employment free from known and recognized hazards." What is the name of this clause?

General Duty Clause

Which document applies to the Contractor and the Subcontractors and describes the administrative, procedural and temporary procedures on the job site?

General Requirements

Which document contains a description of the alternate(s)?

General Requirements

Which document specifies the Regulations required such as soil erosion or minorities?

General Requirements

Which document specifies the temporary facilities needed on a project?

General Requirements

What is the name of the law principle for referring the Contractor to other documents that are not contained in the package provided?

Incorporated by Reference

Which type of insurance that covers the Contractor assuming the liability of another party through a hold harmless clause?

Indemnification

Which document specifies the existing soil conditions?

Information Available to Bidders

Which document specifies the Bid Bond Percentage?

Instruction to Bidders

Which document establishes the forms, content and procedures for submitting the bid proposals?

Instructions to Bidders

Which document specifies the time frame for submitting the contract bonds & insurance?

Instructions to Bidders

Which type of law uses the Spearin Doctrine or the Eichleay Formula?

Judicial Decisions

Which document guarantees to the Owner that all third parties will be paid or else the Bond will be invoked?

Labor/Material Bond

You have a Contract for a Dredging Project on Lake Michigan. Which of the following is required as an Insurance Rider?

Marine Workers Compensation

Assume that you are working on a three-story addition to an existing three-story structure. You allow your subcontractor to store their material on the 3rd floor of the existing structure which does not contain any work. A fire burns down the 3rd floor of the existing structure. Does the Contractor have insurance coverage?

No. The Contractor is not covered and Insurance can recover under negligence

Which document is submitted by each bidder stating that their bid was arrived at without any conferring with other prime bidders?

Noncollusive Affidavit

What are laws passed by a local government called?

Ordinances

Which party invokes a bond?

Owner

What does the Surety do if a bond is invoked?

Pay the Owner the bond face value, then sues the contractor for face value plus

What are the financial obligations of the Contractor if the Payment Bond is invoked?

Pay the Surety for the face value of the bond plus all other expenses incurred

Which documents must be submitted to the Owner from the Contractor at the signing of the Owner-Contractor Agreement?

Performance Bond, Payment Bond and Insurance Certificates

3.01 Dewatering 1. Furnish, install, operate, and maintain all necessary pumping equipment for dewatering the various parts of the work and for maintaining free of water the foundations and trenches as required for construction operations. What type of specification is this called?

Performance Specification

Which document issued by the Architect illustrates what is to be built?

Plans

Which document is submitted to the Owner for bid consideration before the Contractor can receive the bidding documents?

Pre-qualification Forms

Which document establishes the labor rates on a project?

Prevailing Wage Rate Schedule

Which of the following documents are submitted by the Contractor at bid opening?

Proposal Form, Bid Breakdown, Addendum, Bid Bond & Noncollusive Affidavit

Which document requests that additional information be submitted by the bidder within 48 hours of bid opening?

Proposal Supplements

2.02 Marker Board Material A. White LCS Writing surface or equal with 24-gauge porcelain enameled steel face on 3/8-inch foil-backed particle board. What type of specification is this called?

Proprietary Specification

2.05 STEP SYSTEM COMPONENTS A. Screened Pump Vaults: 1. For Low Profile Concrete Tank: a) 15 inches in diameter by 48 inches long with 4 inch flow inducer. Model SV1548Fi, as manufactured by Orenco. What type of specification is this called?

Proprietary Specification

Which type of insurance covers injuries to persons not employed at the site but get injured passing by the site?

Public Liability

Which type of insurance is needed because a 150-year rated rain storm has removed the structure from its foundation and it flows down the river?

Soil Erosion

Which entity sets the worker's compensation manual rates?

State

What are laws passed by the legislature called?

Statutes

Which type of law passes worker's compensation rates or mechanic's lien laws?

Statutes

Which document contains the coverage amounts for the insurances for the project?

Supplementary Conditions

Which document describes the business procedures for a specific project and changes the initial procedures?

Supplementary Conditions

Which party backs the face value of the Bonds?

Surety

Which document describes quality of work, the quality of the materials, and the construction execution procedures?

Technical Specifications

Which type of insurance covers workers being laid off from their job?

Unemployment

Which type of law governs the sales and purchase of goods?

Uniform Commercial Code

Which document guarantees to the Owner that the successful Contractor will sign a contract?

Bid Bond

Which period of time does the Bid Bond cover?

Bid submittal until the signing of the agreement

Which of the following Insurance Coverage items are purchased as a Rider?

Broad Indemnify, Flood, Soil Erosion, Rail and Marine Workers Compensation

Which type of insurance is needed because the high winds mangle the rebar inside the forms?

Builders Risk

5. Which type of law establishes restrictions or protective restrictions to a piece of property?

Covenants

What is the term called which requires all Bidders to include in their bid a specified amount or unit price for a particular item?

Cash Allowance

3.03 INSTALLATION - INSULATION D. Pitch new roof surfaces to provide continuous drainage to roof drain locations. Set drains at 2 inches above deck level of the new roof. Gradually taper insulation at roof drains approximately 16 inch radius from roof drains using factory-tapered edge strips down to minimum 1 inch thick at drain rings. What type of specification is this called?

Combination Specification

Which party has all of the liability for a performance specification?

Contractor

Which party has liability for a proprietary specification if an approved substitution does not perform?

Contractor

Which type of insurance is needed because the high winds blow down the 40 feet high concrete wall forms?

Contractor's Property

In a court case that requires the person to prove "due diligence," which of the following would be an example of due diligence?

Correct hazards immediately

2.02 Reinforcing Steel C. Provide deformed reinforcement prefabricated straight bars and bent bars according to the CRSI Manual of Standard Practice of not less than 10 feet with concrete coverage of at least 3 inches on exterior exposures and 2 inches elsewhere. Place bars at the on-center spacings shown on the plans. What type of specification is this called?

Descriptive or Design Specification


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