SOP - Contract Administration Flashcards
What are the advantages of a multiple prime project delivery method of procurement? (check all that apply)
- Multiple accountability for performance
- Increased owner control
- Saves general contractor mark-ups
- Increased owner control
- Saves general contractor mark-ups
Advantages of Design-Bid-Build contract method:
- Widely applicable
- Understandable
- Owner retains control
- Owner “knows” the cost prior to the start of construction
Which of the following is NOT an advantage of Design-Build?
- Accountability
- Reduce disputes
- Reduced proposal requirements
- Potential for reduced time & cost
- Reduced proposal requirements
Which of the following is NOT normally considered a part of the contract documents?
- The Agreement
- Drawings
- Specifications, Addenda, Modifications
- Documents incorporated by reference
- Invitation to Bid
- General Conditions
- Invitation to Bid
When making modifications to standard forms, you should consider seeking…
advice of legal counsel
What are the primary difference(s) between CMAA and AIA agency contracts?
- In the CMAA version, the CM is the owner’s principal agent and handles contract administration, in the AIA version the designer plays these roles.
- In the CMAA version the CM is at risk…
- In the CMAA version, the CM is the owner’s principal agent and handles contract administration, in the AIA version the designer plays these roles.
In comparing the CMAA and AIA CM at-Risk contracts, which version gives the owner more control?
- The CMAA version
- The AIA version
- The CMAA version
During which phase should team building and communication begin?
- Pre-design
- Design
- Procurement
- Construction
- Post-construction
- Pre-design
Which organization developed the most widely used construction specifications format in the United States?
- NBS
- CSI
- ISO
- ASTM
- CSI
Related to project documentation, what does FAT stand for?
- Finalized, Accountable, Timely
- Factual, Accurate, Timely
- Factual, Accountable, Telling
- Factual, Accurate, Timely
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.
A. Negotiated
B. Fixed Price
C. Reimbursable
D. Bid
Bid
T/F
An advantage of the Design-Build method is that the owner is not liable for the design.
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.
A. CM at-Risk (CMAR) Series
B. Agency Series
C. Designer Series
D. Principle Agent Series
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
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.
False