Section 4 Flashcards
Define Construction Manager
An individual or company employees to oversee the construction of a project, usually the whole of the construction elements and the parties who are to perform the,; a company that contracts with an owner to perform such services for a fee.
Define “Design-Build”
Method of project delivery where an entity or alliance (design-builder) contract with the owner to provide both professional design services (can be architecturally or engineering) AND the construction
Define “Program” with the context of Project Management
a group of related projects managed and coordinated in a way to benefit them in way unavailable if manage individually
Define “Transmission Loss”
Used in the context of sound transmission, is equal to the reduction in sound intensity as sound passes through a material. Average TL is a rating of performance in preventing transmission of airborne sound.
Define “Project”
A temporary endeavour undertaken to create a unique result. The design of a building is a project. The construction of a building is another project.
Define “Project Manager”
A person responsible for a projects scope, schedule, cost and quality. Many may be involved but typically within a practice the person charged with managing the project for its respective company, may be called a project manager.
Define “Addendum”
A change to the Bid Package, in the form of drawing or specification change. Issued during bud period and before execution of the contract.
Define “Base Bid”
The base value without any adjustment because of alternatives or substitutions that the BIDDER offers to perform the work within the BID Documents.
Define “Bid or Tender”
A bid is an offer to a formal ball for bids, it contains a price or estimate in response to the call. The offer forms a BID CONTRACT until the acceptance period is over.
Define “Bond”
A financial security for the performance of an obligation. Typically a written document with the support of collateral
Define “guarantee”
A promise to answer for payment of a debt or performance of an obligation if the person liable in the first instance failed to make payment or perform obligation.
Define “Pre-Purchasing”
Purchase of materials prior to the award of the prime contract.
Define “Pre-Selecting”
The owner pre-qualify and selecting a manufacturer or supplier before contract award.
Define “Pre-Tendering”
A procedure for calling tenders buy the owner prior to the prime contract tender call. A contactor can be instructed to include the amount of the pre-tender in their own tender.
Define “Surety”
The Party (Surety Company) that issues a bond which guarantees the performance of the person bonded.
Define “Warranty”
A statement of quality intended to be relied upon by another party, carrying with it a promise to remedy upon breach.
List some example why there are different types of contrsuctino/owner contracts?
Over time, owners have increase requirements, increase project risk, more urgent time frames, increase building performance, economic pressures
Describe “Project Delivery”
A General term to describe the method of designing and construction a building.
What is the best method of project delivery?
There is no one-size fits all, different methods have different advantages and disadvantages.
What type of contract is CCDC 2?
Design-Bid-Build, Stipulated Price Contract
What are the 5 types of CCDC Contracts
Design-Bid-Build, Construction Management, Design-Build, Public-Private-Partnership, Integrated Project Delivery
What type of contract is CCDC 3?
Design-Bid-Build, Cost Plus Contract
What type of contract is CCDC 4?
Design-Bid-Build, Unit Price Contract
What type of contract is CCDC 5A?
Construction Management Contract for SERVICES