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CON 367 Midterm 2 Questions and Answers (100% Correct Answers) Already Graded A+

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CON 367 Midterm 2 Questions and Answers (100% Correct Answers) Already Graded A+

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CON 367 Midterm 2 Questions and
Answers (100% Correct Answers) Already
Graded A+


Based on the ENR article about green buildings, which of the
following is not one type of the "Green" claims against architects?
[ Ans: ] Green Window
Which one of the following risks, in general, should be allocated to
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the Architect/Engineer (Designer)? [ Ans: ] Defective Design
Which one of the following risks, in general, should be allocated to
the Contractor? [ Ans: ] Material and equipment risks
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The more risks are assigned to a Contractor through the Contract
Documents, the more likely it is that the Owner will receive lower
(in terms of $) bids. (T/F) [ Ans: ] False
Waiting until the end of the project to resolve disputes is
preferable over resolving disputes soon after they surface. (T/F) [
Ans: ] False
Contractors protect themselves from unforeseen risks by adding
contingency amounts to their bids. (T/F) [ Ans: ] True
An "Exculpatory Clause" in a contract attempts to shift a certain
risk from one party to another. (T/F) [ Ans: ] True
According to the ENR article about green buildings, a new type of
construction risk is the "Green-Building Risk" (T/F) [ Ans: ] True
Based on the ENR article about I-485 contractor, what type of
issue led to the dispute between the Contractor and the DOT? [
Ans: ] Site Access
Which one of the following is not a principal construction risk
category as detailed by the American Society of Civil Engineers in
1979? [ Ans: ] Safety Risks

, 2
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Which one of the following risks, in general, should be allocated to
the Owner? [ Ans: ] Site Access
According to the textbook, you should minimize risk regardless of
whose risk it is. (T/F) [ Ans: ] True
Our textbook advises that the starting date of a project should not
be the date of the execution (signing) of the agreement. (T/F) [
Ans: ] True
Under what type of bond, the surety has an obligation to the
owner for any additional costs to complete the project due to the
contractor's failure to comply with its contract requirements? [
Ans: ] Performance bond
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Multiple-Peril Builder's Risk Insurance provides similar but broader
coverage than the Standard Builder's Risk policy (T/F) [ Ans: ]
True
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Bid bonds should preferably be in an amount equal to _____
percent of the bid price for the project. [ Ans: ] 10
The contract documents should require that evidence of specified
insurance be submitted at the time of submitting the bid bond.
(T/F) [ Ans: ] False
The following events are in correct order: Bid Opening-Bid Award-
Notice to Proceed-Signing of Agreement (T/F) [ Ans: ] False
In construction projects, owners have a direct contractual
relationship with the subcontractors. (T/F) [ Ans: ] False
The utilization of a contractor quality control (CQC) representative
is a requirement in private construction projects. (T/F) [ Ans: ]
False
Which one of the following is not one of the activities that can be
performed after the award of the contract? [ Ans: ] Obtain and
submit a Bid Bond
According to our textbook, the Resident Project Representative
should adopt a "firm but fair" policy in assuring the compliance of
the Contractor with the contract documents. (T/F) [ Ans: ] True

, 3
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An owner can suspend the work in a construction project due to
unsuitable weather conditions. (T/F) [ Ans: ] True
Suspensions and extensions of time will necessitate the issuance of
a formal change order. (T/F) [ Ans: ] True
Which of the following is not a type of a mobilization cost incurred
by the Contractor? [ Ans: ] Preparing the bid
In some cases, the retained funds are held throughout the life of
the job; in other cases, the amount may be reduced or actually
eliminated at some point after the midpoint of the project. (T/F) [
Ans: ] True
Unit-price contracts require a schedule of values to be submitted
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before progress payments. (T/F) [ Ans: ] False
Guaranteed Maximum Price Contract is a variation of which other
contract type? [ Ans: ] Cost-plus
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According to the texbook, approximately how many days before
the payment due date should a contractor submit the progress
payment request to the Resident Project Representative? [ Ans: ]
10
In validating the Contractor's payment request, the Resident
Project Representative may also be required to check the
inventory of equipment and materials delivered to the site but not
yet used in the work. (T/F) [ Ans: ] True
Value Engineering can be performed both by the
Architect/Engineer and the Contractor. (T/F) [ Ans: ] True
The Resident Project Representative may help the Designer in the
evaluation of a Value Engineering proposal submitted by the
Contractor. (T/F) [ Ans: ] True
As used in the Department of Defense projects, the term "Value
Engineering Change Proposal (VECP)" relate only to changes that
are within the terms of the contract and specifications and thus
would not require a change order to implement. (T/F) [ Ans: ]
False

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