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GN - Competency Questions > Contract Practice > Flashcards

Contract Practice Flashcards

1
Q

What are the main differences between an NEC and JCT contract?

A
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2
Q

What is a compensation event?

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3
Q

How is change dealt with under a JCT contract?

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4
Q

What types of pricing documents are there and what is the difference?

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5
Q

What is the difference between a JCT contract with or without quantities?

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6
Q

Why does a CSA work well with the design and build contracts?

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7
Q

What are the payment timescales under a JCT contract?

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8
Q

How would you calculate liquidated damages?

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9
Q

What procedure do you have to follow to apply for liquidated damages?

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10
Q

How are unliquidated damages calculated?

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11
Q

What is included in the articles of a JCT contract?

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12
Q

What is included under the contract particulars of a JCT contract?

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13
Q

What is the difference between signing a contract under hand, and by deeds?

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14
Q

What are examples of relevant events?

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15
Q

What are examples of relevant matters?

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16
Q

What is an extension of time?

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17
Q

What is retention and why is it used?

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18
Q

What is a final accounts certificate?

A
19
Q

What is a certificate of making good?

A
20
Q

What is a payment notice?

A
21
Q

What is a default notice?

A

GN - Competency Questions (20 decks)

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