Correct Detailed Answers Rated A+
What 3 categories are the Best Practices organized into? - Answer- 1. Procurement
2. Contracting
3. Execution
If these Best Practices are NOT implemented, there is an increased _____ that the
project's performance will be _____ and that some or all of the stakeholders will be
_____. - Answer- - probability
- compromised
- disappointed.
_____ and _____ contracts are fundamental to any delivery process. - Answer- - Fair
- Clear
Contracting principles apply to contracts of those working within the _____ _____ -
Answer- DB Team
This chapter has ___ Best Practices and ___ Implementing Techniques. - Answer- - 3
- 18
Contracts used on DB projects should be _____, _____, and _____ and should promote
the _____ aspects inherent in the DB process. - Answer- - fair
- balanced
- clear
- collaborative
The contract between the _____ and the ______ _____ should address the _____
aspects of the DB process, including expected standards of care for design services. -
Answer- - Owner
- Design-Builder
- unique
The contracts between the _____ _____ and _____ _____ should address the _____
aspects of the DB process. - Answer- - Design-Builder
- Team Members
- unique
Design-Build Done Right is the _____ of every DBIA certification course! - Answer- core
What are the 4 types of law? - Answer- 1. Contract Law
2. Tort Law
, 3. Statutes and regulations
4. Common Law
_____ Law is based on the use of precedent. - Answer- Common
Arbitration and mediation results don't provide direct _____. - Answer- precedent
_____: a party offers to contract with one another. - Answer- Offer
_____: a party accepts the other party's offer. - Answer- Acceptance
_____: value exchanged for performance. - Answer- Consideration
_____: the party making the contract must be legally able to do so - Answer- Capacity
_____: the individual forming the contract must have authority to do so - Answer-
Authority
What are the 5 requirements for a valid contract? - Answer- 1. Offer
2. Acceptance
3. Consideration
4. Capacity
5. Authority
Offers must demonstrate an expression of _____ to contract on certain terms. - Answer-
willingness
The response to an RFP is an example of a(n) _____. - Answer- Offer
What 2 things can nullify an offer? - Answer- 1. Varying/additional terms
2. Counteroffers
Oral contracts can be valid.
True or False? - Answer- True
Oral contracts can be valid on what 2 requirements? - Answer- 1. Material terms of
contract are clearly established.
2. Parties demonstrate intention to be bound by those material terms
_____ ______ contracting rule makes it very difficult to create an Oral contract. -
Answer- Public Sector
_____ _____ _____ mandates that certain types of contracts be written. - Answer-
Statute of Frauds