Contract Adminstration Flashcards
Which of these is NOT a goal of professional management by a CM?
Establish a buffer between the owner and the project
The delivery methods are the structure to take a project from beginning to completion. With which delivery method does the owner have contracts with several contractors and the CM’s primary role is to properly schedule and manage the contractors?
Multiple Prime
In the Multiple Prime method, a bid is placed for the building and it is built per the bid. T/F
False
CM at Risk is when the CM takes over as the general contractor. T/F
True
Some states require Multiple Prime contracts. T/F
True
An advantage of the Design-Build method is that the owner is not liable for the design. T/F
False
With this delivery method, the owner hires one group who is both the designer and the builder. The design-consultant and the sub-contractors for construction all work for this one entity.
Design-Build
There are different forms of compensation. Select the type of compensation that helps produce the lowest price, but has little or no consideration for the contractor’s qualifications.
Bid
A reimbursable contract is most appropriate when the work is risky, it is impossible to define, and the amount of work is unknown. T/F
True
Contract documents should consist of the agreement, drawings, and specifications, but should not include any modifications after the bid. T/F
False
One advantage of using standard forms is that you will not have to deal with attorneys since the forms are updated according to the current laws and regulations. T/F
False
Select the series of CMAA contract documents that should be used when the CM begins the project as the owner’s representative and then switches into the role of the builder, offering the owner a guaranteed maximum price.
CM at Risk (CMAR) Series
The foundation for the success (or failure) of the project depends on appropriate professional organizations and systems at each project phase. T/F
True
An important component of the Pre-Design phase is a construction management plan. T/F
True
One of the key components in this project phase is to verify if the general contractor is following the established procurement process:
Construction