Contract Administration - Level 1 Flashcards

1
Q

What standard forms of contract are you aware of?

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2
Q

What are the timescales involved with an extension of time request on a standard JCT contract?

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3
Q

Does an instruction need to have an agreed value contained within it?

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4
Q

The contractor fails to complete the project by the completion date what measures do the CA/EA take and what are the consequences of this?

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5
Q

The CA/EA fails to issue a non-completion certificate on an over running project what are the consequences of this?

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6
Q

What is your understanding of bespoke contract?

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7
Q

What do you understand as the difference between a bespoke contract and standard form of contract?

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8
Q

What are your views on the advantages/disadvantages of using a bespoke contract?

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9
Q

What are your views on the advantages/disadvantages of using a standard form of contract?

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10
Q

When was the JCT contract suite last updated?

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11
Q

Tell me about some of the key changes that were made.

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12
Q

How was the JCT contract suite modernised through the last update?

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13
Q

How does JCT facilitate electronic working?

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14
Q

How does the JCT work alongside the Construction Playbook?

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15
Q

How has the JCT contract suite incorporated diversity and inclusion?

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16
Q

What is the JCT Fluctuations Hub used for?

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17
Q

Explain the JCT Target Cost Contract to me.

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18
Q

What form of NEC contract might the Target Cost Contract be a good alternative for?

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19
Q

What are the qualities of the NEC form of contract?

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20
Q

What are the advantages of the JCT form of contract?

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21
Q

What changes were last made to the NEC form of contract?

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22
Q

When were these made?

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23
Q

What is the difference between a Relevant Event and Relevant Matter?

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24
Q

If a non-completion certificate is not issued what is the contractual effect?

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25
What guidance is there on contract administration?
26
What are the duties of a CA under JCT contracts?
27
Do these include design?
28
When authorising payment for goods or materials stored off site what
29
must you obtain to protect your client in the event of the contractor going bankrupt?
30
If you are concerned that a contractor is in financial difficulties name 3 things as CA you should do?
31
What key function does a contract administrator perform on a construction project?
32
Can you name three standard forms of contracts that can be used on a construction project?
33
What insurance provisions are in the JCT and NEC standard forms of contract?
34
What is loss insurance?
35
What is all risks insurance?
36
Where is the minimum financial cover for the contractor’s liability for injury death and damages to property other than the works contained?
37
What is a contractor’s all risk insurance or contract works insurance?
38
What do you understand by insurance in joint names?
39
What is a collateral warranty?
40
What are the three ways that benefits can be transferred under JCT
41
contracts?
42
Who might want a collateral warranty?
43
How are they requested?
44
What are the common clauses / terms in collateral warranties?
45
What is the difference between a bond and a collateral warranty?
46
Are there any alternatives to collateral warranties?
47
What is your understanding of what a letter of intent is?
48
What are the advantages of a letter of intent?
49
What are the disadvantages?
50
In what circumstances might they be used?
51
What is their purpose?
52
Who issues it?
53
Who signs it?
54
What would you say if the client asked you to draft a letter of intent?
55
What is the final account (FA)?
56
What must the FA state?
57
Who prepares the final account in a JCT form of contract?
58
Who prepares the final account in the NEC4 form of contract?
59
What is the purpose of a final account?
60
On the issue of the final account what are the relevant time periods in a JCT form of contract?
61
When must the final certificate be issued?
62
Tell me two of the information or statements that must be contained in the final certificate.
63
What are the usual constituents of a final account?
64
What additions may there be to the FA?
65
What is the procedure for getting the FA agreed?
66
What is released to the contractor in the final certificate?
67
What are the usual constituents of a FA?
68
What are the four elements of a valid contract?
69
What is common law?
70
What do you understand by consideration in contract?
71
What do you understand by invitation to treat in contract?
72
How is the JCT form of contract structured?
73
How is the NEC form of contract typically structured?
74
What are liquidated damages?
75
What is your understanding of retention bonds
76
What is your understanding of early possession?
77
What contractual weight does a practical completion certificate carry in a JCT contract?
78
Tell me about some of the insurances a subcontractor would need if they were responsible for a part of the design work.
79
What do you understand by parent company guarantee?
80
When might it be used?
81
Define sectional completion partial completion and beneficial use.
82
How do they differ?
83
What is your understanding of performance bond?
84
When might it be used?
85
What is you understanding of limitation of liability?
86
Talk me through how you’ve ensured insurances from subcontractors were the correct level.
87
What do you understand by relevant event in a JCT form of contract?
88
What do you understand by compensation event in a NEC form of contract?
89
In the NEC form of contract talk me through five things that can lead to a compensation event.
90
In the NEC form of contract when can the completion date be adjusted?
91
In the NEC form of contract what is a defined cost?
92
In the NEC form of contract what is a disallowable cost?
93
When were changes to NEC4 last made?
94
What changes were made?
95
What is your understanding of the difference between delay and disruption?
96
Why is good housekeeping essential for CA?
97
What is PC?
98
When does this occur?
99
What is a PCSA?
100
How does a PCSA differ to a LOI?
101
When are pre-construction services usually used?
102
What should be taken into account in the wording of a PCSA?
103
What might the pitfalls be?
104
What is the role of an Employer's Agent?
105
What contract might include this role?
106
How do the roles of CA and EA differ?
107
Can you act as both?
108
What typical documents make up a Building Contract?
109
Under what circumstances would it be appropriate to pay for materials that are off-site?
110
Take me through your methodology of tendering a project?
111
Give examples of other JCT Contracts and when they are appropriate to use.
112
List some methods of ADR you may find in a JCT contract.
113
What insurance provisions are you aware of in JCT contracts?
114
What are the different roles defined in the contract?
115
What is the role of a contract administrator pre-contract?
116
Where is the role of a contract administrator defined?
117
What are the key tasks of a contract administrator?
118
What are the key differences between the roles of Employers Agent and Contract Administrator?