LARE 1 TERMS AND DEFINITION
Cumulation of more obscure terms
# Term Definition
1 Contents of bid document set
Invitation to bid Instructions to bidders, bid form, bid
bond form, addenda, contract forms, contract
agreement, performance bond, payment bond, Contract
conditions, general conditions, supplementary
conditions, wage rates, specifications, drawings, design
details and schedules (contract drawings) [Hint: Lists]
2 Fee Schedule (considerations for
consultants pricing) Time schedule (period which work is to be completed)
budgeting-task breakdown (hours, staff, products
required)- overhead (admin staff, office, equipment,
prospecting time)- expenses (travel, printing costs)
consultant's fees, project management) [Hint: Lists]
3 CSI Uniform System
1\. General requirement. 2. Site work. 3. Concrete 4.
Masonry 5. Metals. 6. wood and plastics 9. Finishes 10.
Specialties 11. Equipment 12.
Furnishings. 13> Special construction. 15.
Mechanical 16. Electrical [Hint: Lists]
4 Required elements of a legal contract
agreement- competent parties- consideration (something
bargained for)- lawful purpose - form
(contractual validity [Hint: Lists]
5 Information provided by owner
topography- legal description of property- soil
tests and other data- project programme- budget [Hint:
Lists]
6 Sections of a contract
Project description, responsibilities, scope of work, fees,
liability & limitations, insurance requirements, effective
data, changes, termination, judicial jurisdiction,
arbitration, clarifying use of documents, signature [Hint:
Lists]
, 7 Metes and Bounds
Legal description of a parcel of land. THis type of system
describes the boundaries ina sequential manner from
beginning to end.
8 Critical Path Method
Used by project manager to effectively schedule work
events for the duration of a project by scheduling similar
events in succession.
# Term Definition
9 Acceleration
Direct order by owner to hire additional workers, work
overtime or work extra shifts on the project
10 Constructive Acceleration
Construedwhen owner refuses to grant time extensions
for an excusable delay and enforces original completion
date
11 Attachment
A legal process by which a court of law designates a
specific property be transferred to the creditor or sold
for the benefit of the creditor
12 Board of Contract Appeals
An independent administration to decide all public (not
private) contract disputes to relieve the courts from the
backlog of cases related to public contracts.
13 Bonds vs. Insurance- the difference
Insurance- 2 party instrument between company and
between
policy holder to protect insured against specific type of
loss. Surety agreement- the contractor provides
guarant3eee for owner (3rd party).. Surety like a bank
and can go after anyone that causes the default. Loss of
any kind.
14 Building Codes, Form Standard Codes
Codes that specify a result, and are the common type that
dictate the manner of construction, height and material
specified, etc
15
Codes that specify the manner in which a design must
Building codes, performance standards
work.
Cumulation of more obscure terms
# Term Definition
1 Contents of bid document set
Invitation to bid Instructions to bidders, bid form, bid
bond form, addenda, contract forms, contract
agreement, performance bond, payment bond, Contract
conditions, general conditions, supplementary
conditions, wage rates, specifications, drawings, design
details and schedules (contract drawings) [Hint: Lists]
2 Fee Schedule (considerations for
consultants pricing) Time schedule (period which work is to be completed)
budgeting-task breakdown (hours, staff, products
required)- overhead (admin staff, office, equipment,
prospecting time)- expenses (travel, printing costs)
consultant's fees, project management) [Hint: Lists]
3 CSI Uniform System
1\. General requirement. 2. Site work. 3. Concrete 4.
Masonry 5. Metals. 6. wood and plastics 9. Finishes 10.
Specialties 11. Equipment 12.
Furnishings. 13> Special construction. 15.
Mechanical 16. Electrical [Hint: Lists]
4 Required elements of a legal contract
agreement- competent parties- consideration (something
bargained for)- lawful purpose - form
(contractual validity [Hint: Lists]
5 Information provided by owner
topography- legal description of property- soil
tests and other data- project programme- budget [Hint:
Lists]
6 Sections of a contract
Project description, responsibilities, scope of work, fees,
liability & limitations, insurance requirements, effective
data, changes, termination, judicial jurisdiction,
arbitration, clarifying use of documents, signature [Hint:
Lists]
, 7 Metes and Bounds
Legal description of a parcel of land. THis type of system
describes the boundaries ina sequential manner from
beginning to end.
8 Critical Path Method
Used by project manager to effectively schedule work
events for the duration of a project by scheduling similar
events in succession.
# Term Definition
9 Acceleration
Direct order by owner to hire additional workers, work
overtime or work extra shifts on the project
10 Constructive Acceleration
Construedwhen owner refuses to grant time extensions
for an excusable delay and enforces original completion
date
11 Attachment
A legal process by which a court of law designates a
specific property be transferred to the creditor or sold
for the benefit of the creditor
12 Board of Contract Appeals
An independent administration to decide all public (not
private) contract disputes to relieve the courts from the
backlog of cases related to public contracts.
13 Bonds vs. Insurance- the difference
Insurance- 2 party instrument between company and
between
policy holder to protect insured against specific type of
loss. Surety agreement- the contractor provides
guarant3eee for owner (3rd party).. Surety like a bank
and can go after anyone that causes the default. Loss of
any kind.
14 Building Codes, Form Standard Codes
Codes that specify a result, and are the common type that
dictate the manner of construction, height and material
specified, etc
15
Codes that specify the manner in which a design must
Building codes, performance standards
work.
