Construction Progress Payment And Site Management
– Questions With Solutions
Contractor progress payment Correct Answer - It is a schedule of when
contractors and suppliers will be paid for the current progress of installed
work.
Progress payment Correct Answer - These are partial payments for work
completed during a portion of a construction period, usually a month.
Warranty Correct Answer - Referring to an obligation that arises from a
document that has been signed or issued by the warrantor.
Material warranty Correct Answer - A specific type of warranty covering
materials used in construction.
Owner Occupancy Correct Answer - Refers to the situation where the
owner takes possession of the property.
Performance bond Correct Answer - A bond issued to guarantee
satisfactory completion of a project by a contractor.
Surety bond Correct Answer - A bond that ensures the contractor will
fulfill their obligations to the project owner.
Dust Correct Answer - A common issue in construction sites that can be
controlled through various methods.
Mud Correct Answer - Another common issue in construction sites often
resulting from water introduction.
Spraying water Correct Answer - A method used to control dust on
construction sites.
Daily field reports Correct Answer - They contain information that
includes the day's activities, temperature and weather conditions, delivered
equipment or materials, visitors on the site, and the equipment used that day.
– Questions With Solutions
Contractor progress payment Correct Answer - It is a schedule of when
contractors and suppliers will be paid for the current progress of installed
work.
Progress payment Correct Answer - These are partial payments for work
completed during a portion of a construction period, usually a month.
Warranty Correct Answer - Referring to an obligation that arises from a
document that has been signed or issued by the warrantor.
Material warranty Correct Answer - A specific type of warranty covering
materials used in construction.
Owner Occupancy Correct Answer - Refers to the situation where the
owner takes possession of the property.
Performance bond Correct Answer - A bond issued to guarantee
satisfactory completion of a project by a contractor.
Surety bond Correct Answer - A bond that ensures the contractor will
fulfill their obligations to the project owner.
Dust Correct Answer - A common issue in construction sites that can be
controlled through various methods.
Mud Correct Answer - Another common issue in construction sites often
resulting from water introduction.
Spraying water Correct Answer - A method used to control dust on
construction sites.
Daily field reports Correct Answer - They contain information that
includes the day's activities, temperature and weather conditions, delivered
equipment or materials, visitors on the site, and the equipment used that day.
