CDs Vocab Flashcards
supervision
Direction of the work by the contractor’s personnel. Supervision is not the responsibility of the architect.
bond
An agreement under which one party (the surety or bonding company) guarantees to make good to another party (the obligee or owner) the debt, default, or failure to perform of a third party (the principal or contractor).
surety bond
An agreement under which one party (the surety or bonding company) guarantees to make good to another party (the obligee or owner) the debt, default, or failure to perform of a third party (the principal or contractor).
multiple of direct personnel expense agreement
An agreement providing for payment for professional services based upon the direct personnel expense multiplied by an agreed factor
bid
A proposal by a contractor to do the work required by the contract documents for a stipulated sum of money.
reference specification
A specification which refers to quality standards established by recognized testing authorities or by the federal government
contract documents
Working drawings, specifications, addenda, general conditions of the contract, supplementary conditions, and the owner-contractor agreement
general contract
The agreement between the owner and the contractor for the construction of a project.
deposit for bidding documents
A deposit of money required for each bidder as security for the bidding documents, to ensure the return of the documents by unsuccessful bidders
certificate of substantial completion
A document prepared by the architect stating that the work is substantially complete, thereby establishing the date of substantial completion. It generally fixes the time within which the contractor must complete the unfinished work listed.
percentage agreement
An owner-architect agreement under which the professional fee is based upon a percentage of the construction cost of the project
construction change directive
A document signed by the owner and the architect, which authorizes a change in the work, the contract sum, or the contract time. It is used when there is not complete agreement on the terms of a change order.
contract time
The period of time within which the work must be completed, as established in the contract documents.
cash allowance
An amount not included in the contract sum to cover the cost of certain items not specified in detail. Hardware and other finish items are often handled in this manner.
Master Format
A systematic listing of construction trades, materials, systems, and admin requirements published by CSI for the purpose of organizing construction specs.
labor and material payment bond
A bond guaranteeing to the owner that the contractor will pay for all labor and materials used for the project
open proprietary spec
A proprietary spec which names several acceptable materials, products, or systems, any of which may be used by the contractor
closed proprietary spec
A proprietary spec which requires a particular brand or trade name and does not permit any substitution
arbitration
An alternative to litigating a dispute, in which one or more arbitrators hears the evidence and renders a decision.
date of substantial completion
The date, certified by the architect, when the construction is sufficiently completed, in accordance with the contract documents, so that the owner can occupy the project for the intended use.
project manual
The manual prepared by the architect for a project, including the technical specs, bidding instructions and forms, general conditions, supplementary conditions, special conditions, and other legal and admin docs
working drawings
The part of the contract docs, prepared by the architect, which graphically illustrates the construction required for the project
single prime contract
A contract for building construction under which one prime contractor is responsible for the entire project, in contrast to having separate contracts.
errors and omissions insurance
Insurance which financially protects an architect against claims for damages resulting from professional negligence. aka professional liability insurance
professional liability insurance
Insurance which financially protects an architect against claims for damages resulting from professional negligence. aka errors and omissions insurance
separate prime contract
One of several owner-contractor agreements for a project, each of which provides for constructing a major portion of the work (general construction, electrical, mechanical, etc) by a different contract.
substitution
A material, system, or product proposed by a contractor as being equivalent to that required by the contract documents
lowest acceptable bona fide bid
The lowest bid which complies with all the stipulated requirements.
cost-plus-fee contract
An agreement under which the contractor, or the architect, is reimbursed for his or her costs, and in addition, is paid a fee for his or her services.
prime contractor
Any contractor on a project who has a contract directly with the owner.
schedule of values
A statement furnished to the architect by the contractor reflecting the amounts to be allotted for the principal divisions of the work. It serves as a guide for reviewing the contractor’s periodic applications for payment
unit price
An amount, stated in $/unit, provided by the contractor with his or her bid for adding or deleting specific portions of the work
descriptive spec
A spec which describes all product components, arrangements, assembly methods, properties, and other details and requirements.
liquidated damages
A sum chargeable against the contractor as reimbursement for damages suffered by the owner b/c of the contractor’s failure to complete the work w/i a specified time
Davis-Bacon Act
Federal legislation that requires the department of labor to set prevailing wages for government financed construction projects
overhead expense
Indirect expense, that is, expenses indirectly incurred and not chargeable to a specific project aka indirect expense
indirect expense
Indirect expense, that is, expenses indirectly incurred and not chargeable to a specific project. aka overhead expense
progress payments
Payments made to the contractor during progress of the work on account of work completed and/or materials suitably stored
construction budget
The sum established by the owner as available for construction of the project
Division one
The general requirements division of the specs which establishes the admin and procedural duties of the contractor, architect, and owner during construction.
extra services
Professional services rendered by the architect, upon the owners request, in addition to the basic services identified in the owner-architect agreement. aka additional services
additional services
Professional services rendered by the architect, upon the owners request, in addition to the basic services identified in the owner-architect agreement. aka extra services
CPM (critical path method)
A system of planning and scheduling construction operations which analyzes sequences and durations of time using network diagrams
negligence
Failure to meet the ordinary standard of care expected of an architect or other professional in a specific circumstance
liability insurance
Insurance which financially protects the insures against liability on account of bodily injury or property damage sustained by another
surety
An individual or company that guarantees to make good to another party the debt, default, or failure to perform of a third party.
due care
The requirement that a professional exercise reasonable ability and judgment in a specific circumstance, the absence of which constitutes negligence. aka standard of care
standard of care
The requirement that a professional exercise reasonable ability and judgment in a specific circumstance, the absence of which constitutes negligence. aka due care
hold harmless clause
A contractual obligation whereby one party agrees to guarantee another party against loss or damage from specified liabilities. aka indemnification
indemnification
A contractual obligation whereby one party agrees to guarantee another party against loss or damage from specified liabilities. aka hold harmless clause
fixed limit of construction cost
The maximum allowable cost of the construction work, as established in the owner-architect agreement
addition (to the contract sum)
An amount added to the contract sum either by an accepted additive alternate or by a change order
property insurance
Fire and property damage insurance for a project during construction, usually purchased by the owner. aka builders risk insurance
builders risk insurance
Fire and property damage insurance for a project during construction, usually purchased by the owner. aka property insurance
direct personnel expense (DPE)
Salaries and wages attributable to a specific project, plus benefits such as employment taxes, insurance, sick leave, holidays, vacations, pensions, and similar contributions and benefits.
basic services
The architectural services normally required for a building project, usually consisting of sds, dds, cds, bidding or negotiation, and construction contract administration