Terms from RA 9184

Question 1

Includes earthquake, flood, typhoon, cyclone & other cataclysmic phenomena of nature & all misfortunes & accidents w/c human precedence could not foresee or prevent.

Answer 1

Act of God or Force Majeure

Question 2

A written additional information, provision, & or other documents issued by the client prior to the closing date for the receipt of Bids, w/c is made an integral part of the Tender & Contract Documents.

Answer 2

Addendum

Question 3

The building resolution of disputes by one or more neutral person as a substitute for judicial proceedings.

Answer 3

Arbitration

Question 4

The period of time allowed the contractor by the client in addition to the stipulated Contract period necessitated by aduly issued extra work or change order.

Answer 4

Additional Contract Time

Question 5

Refers to the notice published by the Owner or the invitation issued to prospective bidders, giving information as to the nature of the proposed project, conditions for the issuance of Contract documents, date of bidding, & information that would give the Contractor a general idea of the magnitude & extent of the project.

Answer 5

Advertisement or Invitation to Bid

Question 6

The contract between the owner & the contractor undertaking the project described in the contract documents there to and all general and special provisions pertaining to the work or materials therefore.

Answer 6

Agreement

Question 7

Medium used for gauging & controlling construction activities.

Answer 7

Bar Chart

Question 8

The contractor should meet with the architects & engineers to determine completion dates of working drawings in sequence, such as foundations, steel, walls below grade, archer, masonry, mechanical trade and interiors. Receipt of these drawings determines the date on which quantity estimates & subcontractors’ bids can be taken.

Answer 8

Preparation of Bar Chart

Question 9

It generally shows the items of work & a calendar covering the estimated construction period for the project. The estimated duration of each item is indicated by a dash or colored line, extending from starting to completion date. Actual progress is noted on the chart by a solid line of different color. It may also show percentage completion of each item.

Answer 9

Bar chart

Question 10

The written offer of Bidder/ Tenderer submitted in the prescribed form in response to the invitation to bid and the Tender documents issued by the client to furnish the required labor, equipment, & materials, to execute the specified work w/in the time prescribed therein, in consideration of pay,ent at prices quoted in the _____ as submitted.

Answer 10

Bid/ Tender

Question 11

Offer of a bidder to perform the work described by the contract documents when made out & submitted on the prescribed form properly signed & guaranteed.

Answer 11

Bid

Question 12

The tender, or proposal, or quotation, or offer of a bidder to perform the work described in the contract w/c in form & substance complies w/ the instruction to bidders.

Answer 12

Bid

Question 13

Refers to any acceptable form of bond accompanying the bid submitted by the bidder as a guarantee that the bidder will enter into the contract w/ the owner for the construction of the work, if the contract is awarded to him.

Answer 13

Bid Bond

Question 14

The additional information on contract documents issued to bidders before date of bidding.

Answer 14

Bid bulletin

Question 15

Refers to all documents provided or made available to prospective bidders, w/c include the invitation to bid & a copy of the contract, w/c the winning bidders would required to sign with the owner.

Answer 15

Bid/ Tender Documents

Question 16

Collectively, the invitation to bid, instruction to bidders, form of contract agreement, conditions of contract, drawing/ plans, specs, & form of bid and the required annexes, including addenda.

Answer 16

Bid/ Tender Documents

Question 17

A lsiting of the different parts of the wor kindicating each part & its corresponding value.

Answer 17

Breakdown of work and Corresponding Value

Question 18

Specifications stipulating the use of specific products or processes w/o provision for substitution.

Answer 18

Closed Specification

Question 19

The duly perfected & approved contract agreement including the conditions of contract, drawings/ plans, specs, invitation to bid, instructions to bidders, duly accomplished form of bid, including annexes, addenda, performance bond, pre-qualification statement, including credit line, evidence of working capital (cash deposit), notice of award & ‘conforme’ & other documents required in the contract agreement.

Answer 19

Contract/ contract documents

Question 20

A written order to the contractor issued by the owner after the execution of the contract, authorizing a changer or variation in the work or an adjustment in the contract price or contract time.

Answer 20

Change Order

Question 21

The unit prices of lump sums or other sums named in the notice of award to be paid to the contractor in consideration of the implementation of the works,subject to such addition thereto or deduction therefrom as may be made under the provisions contained or stipulated in the contract.

Answer 21

Contract price

Question 22

The period of time allowed by the Client for the delay suffered by the contractor for due to causes beyond his control.

Answer 22

Contract time extension

Question 23

The furnishings of all labor, materials, supplies, equipment, facilities & other incidentals necessary or convenient for the successful completion of the works & carrying out of all duties & obligations imposed in the contract as defined by the contract document.

Answer 23

Contract work/works

Question 24

The individual, partnership, firm, corporation, company, joint venture, association, or syndicate whose bid has been accepted by the client & w/c includes contractors personal rep, successors & permitted assignees.

Answer 24

Contractor

Question 25

The amt. of credit extended the contractor by a bank of the other financing institution to cover the project expenditures for out pocket equipment & etc, in the amt. prescribed by the client.

Answer 25

Credit Line

Question 26

A more comprehensive system of time scheduling. It permits a more realistic analysis of the daily problems that end to delay work than does the customary chart.

Answer 26

Critical Path Method

Question 27

The procedure calls for the coordination of these steps w/ those of other traders w/ continuous activities or allied supplementary operations, to insure the completion of the tasks as scheduled. It pressures the contractor to put pressure where it will do the most food to speed a project & to expedite the work at minimum cost.

Answer 27

Critical Path Method

Question 28

An agreement by w/c the owner of a credit transfers his credit and its accessory right to another, duly approved by the client.

Answer 28

Deed of Assignment

Question 29

A graphical presentation of work. They include all supplementary details and shop drawings.

Answer 29

Drawing

Question 30

Such additional labor, materials supplies, & other incidentals necessary to complete the works but not originally covered or called for in the Contract.

Answer 30

Extra work

Question 31

Refers to the payment of the final progress billing & all approved claims including but not limited to those variations in the work. It does not include the relation money.

Answer 31

Final Payment

Question 32

Shall be understood to mean 'purchase & or fabricated & deliver to the job site or the other location when so designated.

Answer 32

Furnish

Question 33

Printed documents stipulating the procedural & administrative aspects of the contract.

Answer 33

General conditions

Question 34

A bond furnished by the contractor & his surety as a guaranty to the quality of the materials & equipment installed & workmanship performed by the contractor.

Answer 34

Guarantee bond

Question 35

Shall mean to build in, mount in positions, connect or apply any object-specified ready for the intended use.

Answer 35

Install

Question 36

The list of instruction stipulating the manner on how bids are to be prepared & the conditions for the award of the contractor.

Answer 36

Instruction to bidders

Question 37

The noticed published by the owner giving information as to the nature of the proposed project, conditions for the inssuance of the contract documents & date of bidding.

Answer 37

Invitation to bid

Question 38

A right enforceable against specific property to secure payment of an obligation.

Answer 38

Lien

Question 39

A written notice to the contractor of the date on w/c he is to begin the prosecution of the works he has contracted.

Answer 39

Notice to proceed

Question 40

The stipulated period of time w/in w/c the contractor complete the contract works.

Answer 40

Original contract time

Question 41

The person or firm ordering the proj. for execution, including duly appointed successors or authorized representatives.

Answer 41

Owner

Question 42

The approved form of security furnished by the contractor & his surety as a guarantee of good faith on the part of the contractor to faithfully comply w/ the contract in respect of its obligations arising therefrom to its workers, subcontractors, & suppliers.

Answer 42

Payment bond

Question 43

A contract provision setting forth the damages a party must pay in the event of his breach.

Answer 43

Penalty clause

Question 44

The approved form of security furnished by the contractor & his surety as guarantee of good faith on the part of the contractor to execute the work in accordance to the contract.

Answer 44

Performance bond

Question 45

The permanent structures to be constructed & completed in accordance w/ the contract document.

Answer 45

Permanent works

Question 46

Shall be understood to mean 'furnish & install'

Answer 46

Provide

Question 47

An outline specification enumerating the type or trade names of materials required to be used by the contractor for work.

Answer 47

Schedule of materials & finishes

Question 48

The difference between scheduled & actual accomplishment per approved PERT/CPM & approved revisions therefore, usually indicated in percentage, positive or negative.

Answer 48

Slippage

Question 49

Instructions that are issued prior to bidding to supplement &/ modify drawings,specs &/ general conditions of the contract.

Answer 49

Special provisions or conditions

Question 50

The description in detail of the works to be executed, the characted & qualityof materials & workmanshijp & special responsibility of the contractor that are not covered by the conditions of the contract. It includes addenda, supplemental specs, special provisions & bulletins referred to the contract documents together w/ all the written agreements made.

Answer 50

Specifications

Question 51

A contractor duly registered & licensed by the Phil. Contractors Accrediation board having a direct contract with the contractor who acts for on in behalf ofthe contractor of executing any part of the contract. One who merely furnishes materials w/o labor is a supplier & not a sub-contractor.

Answer 51

Sub-contractor

Question 52

Refers to additional info, w/c may be issued as an addition to or amendment of the provisions of the specifications.

Answer 52

Supplementary specifications

Question 53

The person, firm or corp. w/c issues the bond required of the contractor.

Answer 53

Surety party

Question 54

Means information, advice or notification pertinent to the project delivered in person or registered mail to an individual, firm or corp. at the latter's last known business address.

Answer 54

Written notice