Section 1 Terms Flashcards
Professional services agreement
A contract between an owner and consultant for a task or set period of time
Work Breakdown Structure
A visual hierarchical deconstruction of all work to be done for a project that shows deliverable tasks and relation to other tasks. Used to create a schedule. Outlines overall work plan including finance/budget, feedback, monitoring, and tasks.
field order
change to plans issued by the Landscape Architect that requires no cost or schedule changes
“At risk” construction management
CM services are provided as an independent contractor rather than as an owner agent. CM must deliver project that meets GMP requirement or compensate the owner/be penalized
Post construction evaluation
evaluation done after final completion determining if the design meets the needs of the owner and users
Change Order
a change made within the general scope of a contract. Usually means additional pay or time for contractor.
Active interference
owner caused problems that prevent the contractor from staying on schedule. For example: not providing drawings on time.
Stop Notice
an order to stop work until being paid in public projects. Generally not used in private contracts (liens used instead)
0% Completion
item not started (CD Phase)
25% Completion
item started, still in progress
50% Completion
drawing started, not labeled
90% Completion
item is complete but has not been reviewed for QC
Punch list
List following substantial completion. Largely small items required to reach final completion
GMP
Guaranteed Maximum Price. This is the maximum price for a construction project created by the contractor using design documentation
Maximum-not-to-exceed
Maximum price for design services.
Schedule of values
Comprehensive list of items on a project representing the entire project and contract price. Can be used as a basis for submitting and reviewing progress payments. Incidental items are not listed but included in larger elements. For example: re-bar is included in concrete.
Record Drawings
Final set of drawings created by the architect that include all reported changes that happened during construction. Not considered the same as as-built drawings, which are created by the contractor.
Notice of award
Given to the contractor as a notice they have been awarded a contract
Notice to proceed
Notice that a contractor can begin construction process. GC will generally not begin ordering or any other processes until given this notice
Overhead
non-labor costs associated with operating an office
Bid Bond forfeiture
GC backs out after being awarded a contract. Must forfeit value of surety bond (5% of contract amount) up to price of the next highest bid to compensate owner. May also be required to forfeit bond value outright
Contingency
Wiggle room allotting extra budget for unforeseen issues. Generally 5-10% when estimated by an LA.
Bid rejection
Bid is thrown out & not considered. In public work this can be for lateness, not being a regular bid, or not meeting bond requirements. Private work can reject any and all bids for any reason, but this will create bad relationships between owners & contractors.
opinion of probable cost
cost estimate from designer based on takeoffs, details, and specifications. Not intended to be authoritative
Public work: Drawing ownership
In public work, drawings generally belong to the owner unless otherwise specified in the contract
Private work: Drawing ownership
In private work, drawings generally belong to the designer unless otherwise specified in the contract
“Or equal” & “Or approved equal” specification
This is a modification to a proprietary specification. “Approved” equal requires approval from the designer
Specification parts
Pt. 1: General; Pt 2. Product; Pt. 3 Execution