BUILDING CONTRACT Flashcards

(39 cards)

1
Q

BUILDING CONTRACT

A
•	General Conditions
•	Location of the Project
•	Scope of Work
•	Temporary Facilities
1.	Field Office
2. Storage
3. Barracks Bunk Houses
4. Temporary Fences/Barricades
5. Sanitary Facilities
6. Temporary Electrical Connections
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2
Q

You will state the address or location of the project and a brief description of the work to be done

A

LOCATION OF THE PROJECT

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3
Q

Furnishing of all labor, materials, equipment, plant, tools and other incidentals necessary to complete in all respect the various items of work involved, in accordance with the Conditions of the Contract, plans, Technical Specifications and other contract documents including the addenda.

The provisions of the Temporary Facilities are also included

A

SCOPE OF WORK

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4
Q

TEMPORARY FACILITIES

A
  1. Field Office
  2. Storage
  3. Barracks Bunk Houses
  4. Temporary Fences/Barricades
  5. Sanitary Facilities
  6. Temporary Electrical Connections
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5
Q
  • A written additional information, provision, and or other document issued by the Owner prior to the closing date for the receipt of Bids
A

ADDENDUM

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6
Q

 - The period of time allowed the Contractor by the Owner in addition to the predetermined Contract Time

A

ADDITIONAL CONTRACT TIME

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7
Q

 - The increased or decreased price of the predetermined Original Contract Price

A

ADJUSTED ORIGINAL CONTRACT PRICE

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8
Q

 - Approved/ approval in writing, including subsequent written confirmation of previous verbal approval

A

APPROVED/APPROVAL

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9
Q

 - Commissioned by the owner to make the design and prepare the Plans and Specifications

A

ARCHITECT

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10
Q

 - The written offer of a Bidder/Tenderer in the prescribed form

A

BID/TENDER

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11
Q

 BID/TENDER DOCUMENTS -

A
  • the Invitation to Bid/Tender,
  • Instructions to Bidders/Tenderers,
  • Form of Contract Agreement,
  • Conditions of Contract,
  • Drawings/Plans,
  • Specifications,
  • Form of Bid/Tender
  • and the required Annexes, including Addenda
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12
Q

 - An individual, partnership, corporation, association, firm or joint venture submitting a bid/tender to the Owner

A

BIDDER/TENDERER

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13
Q

 - A period of 24 hours extended from midnight which includes all days of the calendar

A

CALENDAR DAY

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14
Q

 - All equipment, facilities, supplies and other incidentals required for execution and completion of the Works

A

CONSTRUCTION PLANT

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15
Q

 - The duly perfected and Approved Contract Agreement

A

CONTRACT/CONTRACT DOCUMENTS

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16
Q

 - The unit prices or lump sum named in the Notice of Award to be paid to the Contractor

A

CONTRACT PRICE

17
Q

 - The period of time allowed by the owner for the delay suffered by the contractor due to causes beyond his control

A

CONTRACT TIME EXTENSION

18
Q

 - The suspension of the running of the contract time upon request by the contractor at the instance of the owner due to valid causes

A

CONTRACT TIME SUSPENSION

19
Q

 / - The furnishing of labor, materials, supplies, equipment facilities and other incidentals necessary for the successful completion of works

A

CONTRACT WORK

20
Q

 - The individual, partnership, firm, corporation, company, or joint ventures, association, or syndicate whose bid/tender has been accepted by the Owner

21
Q

 - An agreement by virtue of which the owner of a credit transfer his credit and accessory right to another who acquires the power to enforce it to the same extent as the assignor, duly approved by the owner

A

DEED OF ASSIGNMENT

22
Q

 - All contract and construction drawing referred to in the Contract Documents

A

DRAWINGS/PLANS

23
Q

 - Is appointed by the owner to act as its supervisor of the construction with due notice to the contractor

24
Q

 - Such additional labor, materials, supplies, equipment, facilities and other incidentals necessary to complete the Works but not originally covered or called for in the Contract

25
 - An earthquake, flood, cold burst, cyclone or other cataclysmic phenomena of nature beyond the power of the Contractor to foresee or to make preparation in defense thereof
FORCE MAJEURE
26
 shall be based on Gregorian Calendar
MONTH
27
 -A written notice from the owner to the successful Bidder stating that its Bid/Tender has been accepted.
NOTICE OF AWARD OF CONTRACT
28
 - Could be either public or private person
OWNER
29
 - The contract price originally agreed upon by the Contractor and the owner as payment for the completion of the entire Contract Works predetermined in the Original Contract
ORIGINAL CONTRACT PRICE
30
 - The predetermined period of time within which the contractor shall complete the Contract Works
ORIGINAL CONTRACT TIME
31
 - The bond equivalent to 10% of the contract price as posted by the Contractor
PERFORMANCE BOND
32
 - The permanent structures to be constructed in accordance with the Contract Documents
PERMANENT WORKS
33
 - The land and other places through which the Permanent Works or Temporary Works designed by the owner are to be executed
PROJECT SITE
34
 - The difference between scheduled and actual accomplishment per approved PERT/CPM and approved revisions thereof usually indicated in percentage, positive, or negative.
SLIPPAGE
35
 - The detailed description of the works to be executed, the character and quality of materials and workmanship and special responsibility of the Contractor that are covered by the Conditions of the Contract.
SPECIFICATIONS
36
 The individual, partnership, firm or corporation, joint venture, association having a direct contract with the Contractor for furnishing service or work under the contract duly approved by the Owner.
SUB-CONTRACTOR
37
 - Banks or bonding companies which jointly and are severally are bounded with the Contractor’s faithful performance of the Contract and the payment of all his obligations arising thereunder
SURETIES
38
CONTRACT DOCUMENTS
1. Contract Agreement 2. Conditions of Contract 3. Drawings / Plans 4. Specifications 5. Invitation to Bid/TENDER 6. Instruction to Bidders 7. Addenda 8. Form of Bid including the following annexes: a. Authorization of the Signatory b. Bid Prices in the Bill of Quantities c. Detailed Estimates d. Construction Schedules e. Construction Methods f. Project Organizational Chart g. Manpower Schedule h. Equipment Utilization Schedule i. Cash Flows and Payment Schedule j. Affidavit of Site Inspection k. Bid Bond 9. Performance Bond 10. Pre-qualification Estimate 11. Certificate of Cash Deposit 12. Notice of Award of Contract and "Conforme" thereto 13. Other Contract Documents that may be required by existing laws.
39
GENERAL CONDITIONS
1. GC1 – DEFINITION OF TERMS 2. GC2 - CONTRACT DOCUMENTS 3. GC3 - OTHER SUPPORTING DOCUMENTS 4. GC4 - INTERPRETATION 5. GC5 - JURISDICTION 6. GC6 - PRESIDENTIAL DECREE NO. 1594 7. GC7 - STATUTES, ORDINANCES, LAWS, RULES & REGULATIONS 8. GC8 - PATENTS AND OTHER RIGHTS 9. GC9 - TAXES, DUTIES AND OTHER FEES 10. GC10 - COVENANT AGAINST SOLICITATION FEES 11. GC11 – NO WAIVER OF ELGAL RIGHTS 12. GC12 - FAMILIARITY WITH CONTRACT WORKS 13. GC13 - FOSSILS AND OBJECT OF VALUES 14. GC14 - PROSECUTION OF WORK 15. GC15 - SUB-CONTRACTING OR SUBLETTING 16. GC16 - ASSIGNMENT 17. GC17 - CONTRACTORS RESPONSIBILITY FOR WORKS 18. GC18 - LIABILITY FOR SPECIAL RISKS 19. GC19 - SAFETY, PROTECTION, AND SECURITY 20. GC20 - PUBLIC CONVENIENCE AND ACCESS 21. GC21 - EXTRAORDINARY TRAFFIC 22. GC22 - SUNDAYS, HOLIDAYS AND OVERTIME 23. GC23 - WORK BY OTHERS 24. GC24 - CUSTODY OF THE PLANS 25. GC25 - SILENCE OF SPECIFICATIONS 26. GC26 - CONTRACTOR'S SPECIFICATIONS 27. GC27 - POSSESSION OF THE SITE 28. GC28 - PLANT TEMPORARY WORKS MATERIALS AND EQUIPMENT 29. GC29 - MATERIALS AND EQUIPMENT STANDARD AND SPECIFICATIONS 30. GC30 - QUALITY REQUIREMENTS 31. GC31 - SAMPLING AND TESTING 32. GC32 - PRE-TESTING 33. GC33 - QUALITY CONTROL LABORATORY 34. GC34 - MEASUREMENT OF WORK 35. GC35 - INSPECTION 36. GC36 - CORRECTING DEFECTIVE WORK 37. GC37 - VARIATIONS 38. GC38 - SUSPENSION OF WORK 39. GC39 - UNAVOIDABLE DELAY 40. GC40 - EXTENSION OF CONTRACT TIME 41. GC41 - CONTRACTOR'S RIGHT TO TERMINATE CONTRACT 42. GC42 - THE OWNER'S RIGHT TO TERMINATE CONTRACT 43. GC43 - TAKE OVER BY THE OWNER OF CONTRACT OF WORK 44. GC44 - PAYMENT FOR TERMINATED CONTRACT 45. GC45 - FINAL INSPECTION 46. GC46 - CLEARANCE OF THE SITE 47. GC47 - SCOPE OF PAYMENT 48. GC48 - RETENTION MONEY 49. GC49 - VERIFICATION BY THE OWNER 50. GC50 - FINAL ACCEPTANCE AND PAYMENT 51. GC51 - PAYMENT OF OBLIGATION 52. GC52 - CONTRACT PRICE ADJUSTMENT 53. GC53 - LIQUIDATED DAMAGES 54. GC54 - WARRANTY FOR THE DEFECT 55. GC55 - RELEASE OF PERFORMANCE BOND 56. GC56 - STATISTICAL REPORT