CNST 201 FINAL
Most contracts require a warranty period of _____ year (s) from substantial completion.
1
Most contracts require a warranty period of______years from substantial completion.
1 year
What does Comprehensive General Liability insurance protect the General Contractor from?
3rd party lawsuits
Which AIA document outline the agreement between Owner and Contractor?
A101
Which AIA document outlines the process for handling disputes?
A201
Which AIA document outlines the rights and responsibilities of owner, contractor, and architect? Known as the General Conditions.
A201
Which of the following is a submittal?
All of the above
All warranties need to: (select those that apply)
All of them
The general contractor needs to organize a responsive warranty service that: (select all that apply)
All of them
The job specifications state that the contractor warrants or guarantees that: (select all that apply)
All of them
What does the acronym AIA stand for?
American Institute for Architecture
Which of the following is not modified by a change order?
Building Codes
What type of Lien does the following statement represent? Accompanies each request for payment, releases lien rights for the amount of the payment.
Conditional lien waiver
What type of Payment Request does the following statements represent? Request made on actual expenses, Invoices and payroll reports are submitted with request, fee and lump sum are billed based on schedule of values and percent complete, owner may audit
Cost - plus and Guaranty maximum price
Which of the following guarantee is NOT a bond a surety would provide to the obligee?
Duration bond
Which of the following parties is NOT a party in a surety arrangement?
Executor
90% of the items on a Punch List must be corrected before the project is considered complete.
FALSE
Certificate of Occupancy is issued by the architect and indicates the project can be used for its intended purpose but there might be minor deficiencies
FALSE
Construction Change Directives are preferred over Construction Change Orders because they allow the contractor to determine the cost, scope, and time associated with a change after the change is make. Both parties are bound by the Change Directive.
FALSE
Historically too much emphasis has been put on overall value of the project not the price.
FALSE
If some aspect of the work is inadvertently omitted, the subcontractor is still responsible for Ensuring that the GENERAL CONTRACT requirements are achieved.
FALSE
If the project is occupied by the owner prior to substantial completion, the warranty period will still start upon final completion.
FALSE
In order to receive the best price from a subcontractor a general contractor should bid shop or share the quotation from the lowest bedder to the other subcontractors in hope they will lower their price.
FALSE
Liens are highly encouraged in construction.
FALSE
Most Change orders are due to poor design and owner-directed scope changes.
FALSE
The less documents that are received back from an owner or architect with an approval signature and stamp on them, the better off the subcontractors and suppliers are.
FALSE
Type of Lien release provided at job close out, also releases retention.
Final Lien Release
Which of the following is not a close-out process?
Notice to proceed
Another name for Wrap-up insurance is?
Owner-controlled Insurance program
The practice of disclosing the details of one subcontractors proposal or quotation to another subcontractor to gain a price advantage is known as?
bid shopping
What type of Lien does the following statement represent?
conditional lien wavier
A worker can forgo a workers' compensation claim and bring suit against the company under what law?
law of negligence
Select the two coverage types of Comprehensive General Liability Insurance.
occurrence-based Claim-based
How many different AIA documents are available?
over 200
Who is the Obligee in a surety agreement for the primary contract on a project?
owner
When an owner holds back a portion of the monthly payment to assure the contractor and subcontractors stay focused on completing the project; this is called
retainage
An agreed upon breakdown of the contract cost that is usually required to be submitted after the execution of the contract, and after subcontractors have been bought out is called?
schedule of values
Which of the following is NOT an advantage in subcontracting work?
scheduling
The Maximum amount of bonds the surety will issue at a given point in time is?
the difference between the principals bonding capacity and the total of the contractor's ongoing work.
A Lien is a legal right to secure payment for work performed and materials provided in the improvement of land.
TRUE
Adverse weather may be grounds for initiating a change order.
TRUE
Certificate of occupancy can take up to one year to receive.
TRUE
If a contractor fails to pay a subcontractor, a last recourse for the subcontractor is to file a lien against the owner of the project.
TRUE
Submittal requirements for a project are contained in the specifications of the contract.
TRUE
Submittals are one of the final design steps and also one of the first steps in quality control.
TRUE
The construction team must submit everything that the specifications require as a minimum.
TRUE
The general contractor must provide adequate notice to each subcontractor regarding the planned start date and the scheduled completion date for his or her phase of the work.
TRUE
Type of Lien release required on final payment to a subcontractor or supplier.
Unconditional Lien
Which of the following are challenges of subcontractor management? (select all that apply)
all but specialized skills
Unrealistically low or high quotations generally indicate that the subcontractor...
all of the above
Efficient subcontractor management by the general contractor is critical to ensure the project is completed... (select all that apply)
all of them
Which of the following is not true about the change order process?
any owner initiated change order must be accepted by the contractor, if a conflict arises the change order becomes a dispute and the contractor can use the dispute resolution outlined in the contract to resolve the issue.
Workers' compensation insurance is based on a percentage of the workers average wages. Typically at what percent?
75%
A typical General Contractor subcontracts _____ % to _____ % of the project scope of work?
75% to 85%
