LARE - Section 1 Practice Questions Practice Questions past papers, Exams
of Architecture
Addenda - ANSWERformal changes or clarifications issued to all identified
bidders by the owner or the owner's representative during the bed process
Additional Work - ANSWERConstruction work that was not recognized at the
contract award but that must be performed in order to deliver a project as
planned.
Agency agreement - ANSWERan agreement between a principal and an agent
by which the agent agrees to perform certain tasks for the principal. The
principal is bound by the actions of the agent.
Alternates - ANSWERan itemization of selected items of work for which
bidders are asked to provide prices that will add to or subtract from the base
bid. These prices items will give the owner greater flexibility in choosing
items to add to or delete from the contract.
Arbitration - ANSWERa well-established alternative to litigation in which the
conflict is resolved by an impartial third party or an impartial panel of
selected individuals.
,As Built Drawings - ANSWERalso called as built's; project drawings that show
all data concerning the actual in-place locations of all construction items,
including any items that differ from what was shown in the original drawings.
Balanced Bid - ANSWERa unit price bid that accurately reflects the actual
anticipated price of each item of work to be performed.
Bid Bond - ANSWERa surety instrument that guarantee to the owner that the
bearer, if awarded the contract will enter into a binding contract and provide
all required bonds.
Bid peddling - ANSWERthe effort by a bidder, usually a subcontractor, on a
project to determine the relative standing of a quoted bid. If the bid is not
the lowest bid, the bidder may reassess the amount originally quoted and
submit a lower bid before the deadline for bid submittal.
Bilateral contract - ANSWERan agreement made through the mutual
promises of the contracting parties.
Boilerplate - ANSWERthe general conditions that outline the roles of the
parties to a construction agreement and provide guidance concerning
procedures to follow under varying circumstances.
Bonding Capacity - ANSWERthe maximum amount of uncompleted
construction work that a contractor can have under contract, above which no
bonds are required
Brokerage - ANSWERa situation in which the general contractor subcontracts
all the work on a project.
,Builders Risk Insurance - ANSWERconstruction insurance that provides
coverage specifically for a project that is under construction. Although this is
normally considered to be fire insurance, other types of losses are also
generally covered.
Cardinal Change - ANSWERa change order that is of such magnitude that the
original scope of the project is altered to an extent that constitutes a new
contract.
Caveat Emptor (let the buyer beware) - ANSWERa defense, no longer valid, in
which it is assumed that a product must be accepted with whatever flaws
exist at the time of purchase.
Certificate of insurance - ANSWERa written document that serves as evidence
that a particular insurance policy is in force.
Change Order - ANSWERa directive, usually authorized in writing by the
owner, to alter or modify some aspects of a project. Such a directive is
generally accompanied by and adjustment to the contract amount and/or the
contract duration.
Closed Specification - ANSWERa spec that is expressly restrictive in starting
that only one or two products will satisfy the quality requirements, or is
implied when performance is so narrowly prescribed that only one or two
products will satisfy the requirements.
Code of Ethics - ANSWERthe written standards of behavior adopted by a
profession.
, Complimentary Bid - ANSWERa bid that is not prepared in earnest, but is
presented to appear to be a serious bid. Such bids are usually generated
through collaborative efforts with another bidder who does submit a serious
bid.
Construction Schedule - ANSWERa detailed network analysis or bar chart of a
construction project showing the sequence and duration of activities
required to construct a project.
Contractor - ANSWERthe party, also called the prime or general contractor,
who has primary responsibility for the construction of a project.
Contributory Negligence - ANSWERcareless acts of an injured person that
accompany the careless acts or physical conditions under the control of a
second party.
Cost Plus Contract - ANSWERa contract in which the contractor is reimbursed
for specified incurred costs, with an additional allowance provided for
overhead and profit
Design Build Method - ANSWERan agreement by which the owner lets a
single contract for both the design and the construction of a project; also
known as design-construct or turnkey construction.
Designer - ANSWERthe party responsible for translating the concept of a
project to a document that can be used as a guide for its construction.
of Architecture
Addenda - ANSWERformal changes or clarifications issued to all identified
bidders by the owner or the owner's representative during the bed process
Additional Work - ANSWERConstruction work that was not recognized at the
contract award but that must be performed in order to deliver a project as
planned.
Agency agreement - ANSWERan agreement between a principal and an agent
by which the agent agrees to perform certain tasks for the principal. The
principal is bound by the actions of the agent.
Alternates - ANSWERan itemization of selected items of work for which
bidders are asked to provide prices that will add to or subtract from the base
bid. These prices items will give the owner greater flexibility in choosing
items to add to or delete from the contract.
Arbitration - ANSWERa well-established alternative to litigation in which the
conflict is resolved by an impartial third party or an impartial panel of
selected individuals.
,As Built Drawings - ANSWERalso called as built's; project drawings that show
all data concerning the actual in-place locations of all construction items,
including any items that differ from what was shown in the original drawings.
Balanced Bid - ANSWERa unit price bid that accurately reflects the actual
anticipated price of each item of work to be performed.
Bid Bond - ANSWERa surety instrument that guarantee to the owner that the
bearer, if awarded the contract will enter into a binding contract and provide
all required bonds.
Bid peddling - ANSWERthe effort by a bidder, usually a subcontractor, on a
project to determine the relative standing of a quoted bid. If the bid is not
the lowest bid, the bidder may reassess the amount originally quoted and
submit a lower bid before the deadline for bid submittal.
Bilateral contract - ANSWERan agreement made through the mutual
promises of the contracting parties.
Boilerplate - ANSWERthe general conditions that outline the roles of the
parties to a construction agreement and provide guidance concerning
procedures to follow under varying circumstances.
Bonding Capacity - ANSWERthe maximum amount of uncompleted
construction work that a contractor can have under contract, above which no
bonds are required
Brokerage - ANSWERa situation in which the general contractor subcontracts
all the work on a project.
,Builders Risk Insurance - ANSWERconstruction insurance that provides
coverage specifically for a project that is under construction. Although this is
normally considered to be fire insurance, other types of losses are also
generally covered.
Cardinal Change - ANSWERa change order that is of such magnitude that the
original scope of the project is altered to an extent that constitutes a new
contract.
Caveat Emptor (let the buyer beware) - ANSWERa defense, no longer valid, in
which it is assumed that a product must be accepted with whatever flaws
exist at the time of purchase.
Certificate of insurance - ANSWERa written document that serves as evidence
that a particular insurance policy is in force.
Change Order - ANSWERa directive, usually authorized in writing by the
owner, to alter or modify some aspects of a project. Such a directive is
generally accompanied by and adjustment to the contract amount and/or the
contract duration.
Closed Specification - ANSWERa spec that is expressly restrictive in starting
that only one or two products will satisfy the quality requirements, or is
implied when performance is so narrowly prescribed that only one or two
products will satisfy the requirements.
Code of Ethics - ANSWERthe written standards of behavior adopted by a
profession.
, Complimentary Bid - ANSWERa bid that is not prepared in earnest, but is
presented to appear to be a serious bid. Such bids are usually generated
through collaborative efforts with another bidder who does submit a serious
bid.
Construction Schedule - ANSWERa detailed network analysis or bar chart of a
construction project showing the sequence and duration of activities
required to construct a project.
Contractor - ANSWERthe party, also called the prime or general contractor,
who has primary responsibility for the construction of a project.
Contributory Negligence - ANSWERcareless acts of an injured person that
accompany the careless acts or physical conditions under the control of a
second party.
Cost Plus Contract - ANSWERa contract in which the contractor is reimbursed
for specified incurred costs, with an additional allowance provided for
overhead and profit
Design Build Method - ANSWERan agreement by which the owner lets a
single contract for both the design and the construction of a project; also
known as design-construct or turnkey construction.
Designer - ANSWERthe party responsible for translating the concept of a
project to a document that can be used as a guide for its construction.
