Random questions Flashcards
what is difference between between Prime Cost Sum and Provisional Sum?
Prime Cost - for the supply of work or materials to be provided by a sub-contractor or supplier that will be nominated by the client.
Provisional Sum is an allowance for a specific element of the works that has not been defined in enough detail at the time that prices are sought from tenderers.
What is the difference between contract ‘under hand’ & contract
The limitation period for bringing a claim, or conversely the liability for defending a claim, is 6 years for a contract executed ‘‘under hand’’.
For contracts executed as a ‘‘deed’’ the period of limitation is 12 years.
What is ‘Statutory limitation period’ ?
(Limitations Act 1980)
By law, this can override the end of the ‘defects liability period’, which could be 6 or 12 months typically.
Note - The end of the defects liability period does not mean that the contractor is released from all liability as the ‘statutory limitation period’ may still be running. This is the period during which, according to the law, the contractor may be liable for defects.
https://www.holmes-hills.co.uk/news/2016/may/defects-liability-periods-in-construction-contracts/#:~:text=After%20the%20end%20of%20the%20defects%20liability%20period%2C,%28as%20set%20out%20in%20the%20Limitation%20Act%201980%29
what happens after Practical Completion on a contract?
1.The Penultimate certificate is issued.
2. the defects liability period starts.
3.start of maintenance period.
client takes possession.
4. contractor is no longer required to carry insurance for the works.
what is a JCT contract?
Means Joints Contracts Tribunal.
It focuses on liabilities and risk in the manner of a ‘traditional contract’.
What does the Contract administrator (CA) do under the JCT?
The CA oversees the contract. The Contract Administrator must act impartially between the parties and must guide the parties through the process, procedures and timelines set out in the contract
what is BIM in construction?
It stands for building information modelling.
It is a shared knowledge resource for architects, engineers, construction professionals.
Essentially the use of 3D models.
Helps: on communication/clashes/reduced costs/mitigation/lowers risks.
What is a Phoenix firm?
Firms that close in a disorderly way and then rapidly re-establish themselves as a new trading entity. The term “phoenix firms” to describe these companies.
What is negligence ?
Failure to provide ‘a duty of care’
Hart V Large negligence case
https://ww3.rics.org/uk/en/journals/property-journal/hart-v-large–negligence-in-surveying.html
In common law what are the 3 basics essentials to create a contract?
1.Offer
2. acceptance.
3. consideration
What is a characteristic of a calcium silicate brick?
They can darken noticeably when wet.
Thermal movement is 1.5 times of a cly brick and tend to shrink on laying (unlike a clay brick which tends to expand.
Difference between deeds and registered titles?
a title Deeds are paper copies of all sales, can include leases, easements & other information.
Land Registry titles are digital and replaced title deeds. Shows ownership.
