Exam 6: Interpreting the Contract

Liquidated damages refer to damages that are removed from the Contract by the Owner

Estoppel is a bar preventing a party to act in a manner contrary to the way it has acted in the past

The first level of interpreting a Contract will rely upon

Float can only be used by the Contractor

The Spearin Doctrine relieves Design Professionals from responsibility for errors in the design

Contracts are usually written

Which of these could be part of the contract

A ""flow down"" clause places responsibility of Contract requirements on a lower-tier entity

Sworn testimony about what is not written but intended by the Contract will usually negate the wording of the contract

The Architect is always allowed to make changes that do not cost the Owner money, but not changes that would add or deduct from the Contract price

Warranties always start when the equipment is installed

It is better to find solutions among friends than to find faults

Doubling the scope of the Contract could be considered a Cardinal change

A precedence clause can sometimes help resolve an ambiguity

A ""crash"" is when the work of two or more trades ""collide"" on 3-dimensional drawings

After the contract is agreed upon, the Contract Administrator should still get issues and interpretations in writing

Once submitted by the Constructor, the Design Professional will be held responsible for delays related to answering the RFI

Warranties begin upon installation of the equipment