Question 1

Front-end loading a payment structure can have significant consequences toward the end of the project

Accepted Answer

A) True 
 B)False

Question 2

Unit cost payments are

Accepted Answer

A)  often used for highway work 
B)  never a good way to get a fair price 
C)  used when the Architects do not know what they want 
D)  another form of Time and Material billing 
A)  often used for highway work 
B)  never a good way to get a fair price 
C)  used when the Architects do not know what they want 
D)  another form of Time and Material billing

Question 3

Prior understandings to remain valid between two parties

Accepted Answer

A)  should be made a part of the Contract 
B)  are important to remember 
C)  depend on how well each party trusts the other 
D)  cannot be made a part of the contract 
A)  should be made a part of the Contract 
B)  are important to remember 
C)  depend on how well each party trusts the other 
D)  cannot be made a part of the contract

Question 4

To seek relief from a Performance Specification, one would have to prove ""impossibility""

Accepted Answer

A) True 
 B)False

Front-end loading a payment structure can have significant consequences toward the end of the project

Unit cost payments are

Prior understandings to remain valid between two parties

To seek relief from a Performance Specification, one would have to prove ""impossibility""

Getting Started

An Introduction to Contracts, Torts, Statutes and Regulations

Owners, Designers, and Constructors

Different Construction Contract Delivery Methods

Interpreting the Contract

Killer Clauses

Insurance

Bonds

Warranties

Getting Started

Differing Site Conditions

Schedule

Liens

Filters

Exam 4: The Basics of Construction Contracts

Front-end loading a payment structure can have significant consequences toward the end of the project

Unit cost payments are

Prior understandings to remain valid between two parties

To seek relief from a Performance Specification, one would have to prove ""impossibility""

Getting Started

An Introduction to Contracts, Torts, Statutes and Regulations

Owners, Designers, and Constructors

Different Construction Contract Delivery Methods

Interpreting the Contract

Killer Clauses

Insurance

Bonds

Warranties

Getting Started

Differing Site Conditions

Schedule

Liens

Filters