Contracts Study Guide with complete solution
Miller Act 1935
Federal Government passed bond requiring payment and performance bonds on all
public works, what year?
Brooks Bill 1972
Bill directing A/E's selected on qualifications, what year?
Clinger Cohen Act/Defense Procurement Reform Act 1996
Allows all federal agencies to utilize Design-Build. Prior to that no enabling legislation
existed allowing Design-Build.
Standard of Care
The level of quality that any average Design Professional would be able to perform
given the circumstances.
Design Bid Build
Slowest Project Delivery method, linear in nature, prescriptive (owner knows what they
want),
Multi Prime
Project Delivery - Many contracts through Owner
CM at Risk
Project Delivery method allowing the contractor to come on board very early in design
for preconstruction services yet maintains separation between Designer and Builder
contractually.
Design Build
Fastest Project Delivery method, fast tracking possible overlapping design with
construction utilizing incremental packages.
Low Bid
Procurement Method - Most Familiar
Negotiated (Qualifications Based)
Procurement Method - Common for A/E
Best Value
Procurement Method - Qualifications and Price
Sole Source
Procurement Method - Direct
Lump Sum
Contract Format w/ agreed upon fixed price
Cost Plus Fee
Contract Format - contractor reimbursed for actual cost plus an agreed upon
percentage
, GMP
Contract Format - Combines Cost-Plus & Lump-Sum, contractor reimbursed for actual
cost plus a fee only up to a certain amount.
Unit Price
Contract Format - cost per piece
Target Price
Contract Format - established cost/benchmark determined jointly by project team.
Trust, Flexibility
Successful Design Build requires _____ & _______ between participants
Hammurabi
Singular responsibility for both design & construction was first codified by ____
Bridging Documents
Owner provided items such as 20% design or more and provides prescriptive specs at
RFP.
Spearin Doctrine
Owner is responsible for implied warranties in the sufficiency of the specifications.
Performance Requirements
____ ____ should identify end results.
Design Build
Single point of responsibility for both design & construction is an attribute of what
delivery method?
Substantiation
The process of checking milestones along the way for completeness.
Prescriptive
Owner requiring specific products or methods be instituted by DB team in order to
achieve desired performance.
False
T/F Detailed estimating is the Building systems approach to estimating
False
T/F feasibility estimate is cost model and establishes budget for project
True
T/F key element of quality assurance is keeping communication lines open between
owner and DB
True
T/F in Design/cost relationship of DB, the constructor establishes design parameters for
architect
False
T/F trust is most important thing for DB
Schematic estimating
DB estimating sequence where 15%-20% of design is completed
Trend logs