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construction contracts

This class was created by Brainscape user Drew Holland. Visit their profile to learn more about the creator.

By: Drew Holland
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Decks in this class (22)

Introduction to Project management
Study
8  cards
Lecture 1: What is a Contract?
Study
14  cards
Lecture 2: Contract Parties
Study
30  cards
Lecture 3: types of contracts
study
25  cards
Lecture 6: Selecting the design professional
The design professional a e serve...,
The design professionals services...,
Is a procurement method in which ...
16  cards
Lecture 4: Project delivery systems
The traditional project delivery ...,
Is the owner s agent and fiduciary,
The relationship between the owne...
45  cards
Lecture 5: Construction Management
Means by which a person or person...,
A ________ is an agent of the own...,
1 projects exceeding budget cost ...
30  cards
Lecture 7: Drawings
The contract documents prepared b...,
Pre drawing activities are also c...,
What drawings do the owners give ...
30  cards
Lecture 8: Specifications
1 a written or printed descriptio...,
Specs are written by the a e or t...,
Specifications are used to set an...
59  cards
Lecture 9
The cost expended producing goods...,
The cost of doing the deal associ...,
What are two types of contracts
50  cards
Last minute details
It would be a unit price contract...,
Since time is exteremly important...,
A firm lump sum since it is a pro...
3  cards
lecture 12
Since the only ________ is with t...,
Gc is an independent contractor h...,
Third tier subs generally do not ...
40  cards
Lecture 10
During the ______ of the project ...,
The selection process is based on...,
Project award methods
25  cards
Lecture 11
May be accepted by the owner as l...,
1 these substitutions may be the ...,
Total bid price is compared for _...
37  cards
lecture 13
1 is a demand or assertion by one...,
If not resolved amicably a claim ...,
Generally ____________ usually re...
44  cards
lecture 14
Is an unresolved claim it can res...,
An example of a dispute is,
The best resolution of a dispute ...
32  cards
lecture 15
Is a guarantee by one person the ...,
A bond is a ______ where owner is...,
Will guarantee particular activit...
27  cards
lecture 16
Is one of several things a contra...,
Is a potential inadequacy or loss,
Applies to risks that cause finan...
23  cards
lecture 17
1 also known as determination of ...,
1 granted to either party owner o...,
1 granted only to the owner2 secu...
4  cards
lecture 18
1 typically given in calendar day...,
1 is defined in the contract as t...,
1 is the start date the project d...
25  cards
lecture 19
Means quantifying the amount of w...,
Is the disbursement of money prop...,
Under some contracts ________ may...
55  cards
chapter 20
Forms of business ownership,
1 easiest and least expensive to ...,
When dealing with an individual p...
48  cards

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construction contracts

  • Class purpose General learning

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