B3 - Organize Work - LT #1 Flashcards
In how many divisions are specifications divided?
16 up to 2004, now 50, some contracts are 16.
Why must the specs be read with the drawings?
Specs are very detailed info about work to be done, drawings do not provide all the information as well. Complete spec = read specs in conjunction with the drawings.
Name the seven parts of contract documents.
Articles of agreement, definitions, general conditions, supplementary conditions, general requirements, drawings and addenda.
Where in the specifications would the general requirement be found for the project sign?
Specs: Divisions 1 General requirements
What is the difference between a “fixed sum” contract and a “target price” contract?
Fixed Sum = Contractor decides prices and does at cost.
Target price = similar except cost overruns or cost savings are split between owner and contractor.
What usually governs the length of the contract?
Value & complexity of the project.
Which is a larger scale drawing, 48:1 or 24:1
24:1
Verbal contracts just as binding as written contracts:
True, but easily disputed and rarely used.
Complexity of the contract is based on:
value and amount of details of projects
Provide means:
To supply and install
Substantial performance of work means:
When the work is ready for use or is being used for the purpose intended and is so certified by the architect or engineer.
Substantial performance of work triggers:
Payment
Beginning of the holdback period
Beginning of the period of time within which builders liens can be filed, and the beginning of the warranty period.
For larger projects, substantial performance of work is known as:
substantial completion.
General conditions of a contractL:
They are the standard boilter plate clauses used to protect both parties, dealing with items such as: changes, defective work, strikes, insurance, bonding and similar issues.
Supplemental conditions of a contract:
General conditions may need changing. Additional clauses are added. Allowing standard contract forms to be used without any modifications.