Contracts Flashcards
Direct Damages
Money lost directly because of a delay or problem - like the cost of paying to fix a wall that falls or the cost of additional time to complete a project.
Consequential Damages
Indirect consequence of a delay or problem - like the loss of revenue on a rentable space or the loss of fee that an architect could have got if they were able to work on another project.
A101
Owner-Contractor (design-bid-build)
A 133
Owner-Construction Manager, Contractor (Cost of work plus fixed fee)
A 195
Owner-Contractor, Integrated Project Delivery
A 201
General Conditions for the Contract of Construction
A 295
IPD, General conditions of the contract of construction
A 701
Instructions to Bidders
A 305
Contractor’s Qualification Statemenr
B 101
Owner-Architect agreement
B 102
Owner-Architect, without a pre-defines scope
B 103
Owner-Architect, complex projects
B 104
Owner-Architect, mid-size projects
B 105
Owner-Architect, standard short form (residential or small commercial)
B 106
Owner-Architect, pro-Bono services
B 121
Owner-Architect, for services provided under multiple service orders
B 195
Owner-Architect, IPD
B 214
Standard form of Architect’s Services: LEED Certification
C 101
Joint Revenue Agreement for Professional Services
C 103
Standard Form of Agreement between Owner and Consultant, without a predefined scope of consultant services
C 191
Standard Form of the Multi-Party Agreement for IPD Projects
C 132
Owner and Construction Manager as Advisor
C 195
Standard Form of the Single Purpose Entity Agreement for IPD Projects
D 200
Project Checklist, to serve as a record of Owner/Architect/Contractor decisions
E 203
BIM and Digital Data Exhibit
E 204
Sustainable Projects Exhibit
G 701
Change Order (Owner, Architect, and Contractor sign)
G 702
Application and Certificate for Payment (contractor applies, architect signs)
G 704
Certificate of Substantial Completion
G 711
Punchlist Document
Cost of Work
Construction cost, including contractor profit
Does NOT include design fee, cost of land, contingencies
Supplemental Services
- services beyond the Basic Services
- should be agreed upon before completion by the architect
- could include: site programming, BIM Management, detailed cost estimates, as-built drawings, interior design, landscape design, etc
Additional Services
Services added after the contract is signed for work that is not covered initially under the Basic or Supplemental services
OR to supplement changes to the project schedule of budget.
Examples: if other parties mess up like owner of owner’s consultants, substantial claims, public meetings, etc
Insurance required under B101:
- General Liability
- automobile liability
- worker’s compensation insurance
- Employer’s liability insurance
- Professional liability insurance (errors & omissions)
Contract Documents include / don’t include:
- owner-contractor agreement
- general conditions of the contract
- drawings
- specifications
- addenda issued prior to the execution of the contract
- modifications issued after the contract is signed (such as: change orders, change directives, minor changes in the Work issued by the architect)
Not included:
- anything related to bidding process
- shop drawings
- product data
- product samples/submittals
Under what circumstance can the contractor request financial info from owner after work starts?
- Owner misses payments that were required by the contract
- If contractor is legitimately concerned about owners ability to make payments
- A change in work that significantly affects contract sum
C141
Contract between A/E entity and Owner for bridging design-build
Certificate of Payment
Certifies that, to the best of that Architect’s knowledge, the Work has progressed to the point indicated by the Contractor, in accordance with the Construction Documents.
Substantial Completion
Project fit for its intended use and purpose. Architect certifies when the work has reached this milestone. Next step is punch list.
Schedule of Values
Allocated the Contract Sum among the various portions of the work
When is retainage awarded?
substantial completion
Final Payment
The entire unpaid balance owed to the Contractor. Must be paid within 30 days of the Architect’s issuance of the final Certificate for Paymen
Contract Time (A201)
Start date (or other established start date) to SUBSTANTIAL COMPLETION
“Day” means
All calendar days unless otherwise specified (yes, weekends count)