Additional APC Questions Flashcards

1
Q

Where is the JCT ICD 2016 fluctuation clause?

A

Schedule 4, Clauses 4.3 and 4.9

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2
Q

What are the principles of contract law?

A
  1. Offer and acceptance
  2. Consideration
  3. Intention to create legal relations
  4. Capacity
  5. Legality.

Consideration contract law involves the mutual exchange of value between parties, such as money, goods, services, or promises, in order to make the contract legally enforceable.

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3
Q

What is the Housing Grants, Construction and Regeneration Act 1996?

A

Ensures that payments are made promptly through the supply chain and that disputes are resolved quickly.

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4
Q

What is the default payment certificate if the Contract Administrator does not issue their payment certificate?

A

The employer is obliged to pay the contractor’s application in full if no interim payment certificate is issued by the Contract Administrator and no pay less notice is issued by the Employer.

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5
Q

What guidance does the JCT provide for choosing procurement documents and contracts?

A

The JCT Tendering Practice Note 2017.

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6
Q

Name some types of public procurement?

A

Open, restricted, competitive and negotiation.

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7
Q

What are the JCT time periods for contractors dealing with defects?

A

Within a reasonable timeframe.

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8
Q

What is shown on a balance sheet?

A

Assets
Liabilities
Shareholder’s Equity

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9
Q

What guidance does the RICS publish about cash flow forecasts?

A

RICS Standard, Cash flow forecasting, 1st edition

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9
Q

What discrimination law is there?

A

Equalities Act 2010.

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10
Q

What are my company’s complaint procedures?

A

Fill out client complaint form.
Send to my Director.
Write to the complainant that I will respond within 7 days.
Investigate the complaint.
Write a response and review with my Director.
Send a response to the complainant within 28 days.
Carry out any learning opportunities with staff as a result of the complaint.
If the complaint is not resolved, escalate to my Director to manage.

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11
Q

Name some recent RICS podcasts I’ve listened to.

A

The Surveyor’s Role in the Energy Transition
Simplifying the Candidate Experience

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12
Q

Name some recent CPD I’ve done.

A

APC Mock Interview
CSCS White Card
Greenwood Project WOW Sessions

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13
Q

What are the new PQQ rules?

A

Common Assessment Standard but you can still follow PAS 91. I’ve used PAS 91 – standardised questionnaire for H&S and PQQs.
PAS 91 covers 8 areas of risk.
CAS covers 13 areas of risk.

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14
Q

What is JCT Tendering Practice Note Alternative 2?

A

The contractor should be given the opportunity of confirming their offer or amending it to correct genuine errors.

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15
Q

What is a company cashflow used for?

A

Planning invoices and fees due.
Planning when debts and expenses are due.
Managing debt recovery.
Managing surplus cash.

16
Q

What are the main headings of a JCT contract?

A

Recitals, Articles, Contract Conditions and Particulars.

17
Q

What ratios have I used?

A

Liquidity – assets to cash.
Profitability – income relevant to expenditure.
Acid test – short term liquidity.