Created by Kara Biczykowski
about 3 years ago
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1) in the A101 Doc the owner enters into an agrmt directly w/:
2) why is it necessary for the arch to be familiar w/ various types of owner-contractor agrmts?
3) variations on the owner-contractor agrmt are typ based on:
1) Article 1 of AIA Doc A101, "The Contract Documents," specifies that the contract docs include:
*Practice Question
1-2) which of the following aren't standard elements of the contract docs?
addendum, change order, contractor's bid, program, special supplementary conditions, written amendment signed by owner & contractor
BASIC PROVISIONS
1) basic provisions common to all owner-contractor contracts include:
2) Article 2 A101 "The Work of This Contract," says the contractor is to:
1) Article 3 "Date of Commencement & Substantial Completion" - date of commencement means:
2) what 2 ways indicate a date of commencement?
3) "substantial completion" is the stage at which the work or designated portion is:
1) how is the time of substantial completion indicated?
2) when may the completion time be extended according to the gen. cond's?
3) if a particular completion date is important to owner, a provision for (__) may be included
1) "liquidated damages" are:
2) to be enforceable in court, ^these must represent reasonable:
1) what is a liquidated damages provision often accompanied with?
2) sometimes an additional penalty is included on top of liquidated damages but is unenforceable if:
3) Article 4 "contract Sum" covers the:
PROGRESS PAYMENTS
1) Article 5 "Payments" covers how the:
2) Section 5.1 "Progress Payments," describes:
3) progress payments are based on:
4) Section 5.2 "Final Payment" covers the:
1) A101 describes the amt $ due in any time period is based on:
1) the % of completed work is based on a (__) & it allocates the:
2) what is "retainage?"
1) in order to receive payment, the contractor must submit:
2) how is payment handled if there is work in dispute?
*PRACTICE QUESTION
1) The arch has received an App. & Cert. for Payment from the contractor. Included in the app. w/in the sch of values for the elec work is a request for $10K for stored materials. What step should the arch take next?
OWNER-CONTRACTOR DISPUTE RESOLUTION
1) Article 6 "Dispute Resolution" the arch is indicated as the:
2) Article 6 references Sec. 15.2 of A201 "Gen. Cond's of Contract for Const." for procedures resolving:
1) when disputes arise, they're referred to:
2a-e) w/in 10 days of receiving, one of the following actions must be taken:
1) if the IDM gives a decision on the claim it is:
2) if parties fail to resolve their dispute thru mediation it's subject to:
3) just like the owner-arch agrmt, the owner & contractor must specify a method of binding dispute resolution when writing contract like:
Article 9 "Enumeration of Contract Docs" lists all the contract documents:
1) AIA Doc A101, Standard Form of Agrmt Btwn Owner & Contractor, basis of payment is a stipulated sum
2) AIA Doc A201, Gen. Cond's of the Contract for Const.
COMPENSATION METHODS
1) one of the most common methods of payment is "stipulated sum" which is:
2) (__) always uses a stipulated sum method
3) why is a stipulated sum attractive to owners?
1) another method is the "guaranteed maximum price" (GMP) where:
2) if the project is completed for less than the GMP:
3) if project exceeds the GMP:
1) "cost-plus-fee" methods compensate the contractor for:
2) cost-plus-fee methods are more flexible than (__) & allow for:
3) what is the main disadvg of cost-plus-fee's? How can it be mitigated?
1) how do target prices est. a likely project cost?
2) how is partial cost achieved?
3) const. can also sometimes be based on:
1) at the time of bidding, a unit price can be set when it's not possible to:
2) ^this happens frequently in what type of project?
3) to arrive at total cost using a unit price multiply:
4) contractors may be asked to include unit prices in bid when changes or additions are expected which helps to: