Flashcards
Interview Questions 4 - contract practice
Cards in this deck (12)
- 1What is the difference between D&B and traditional contract?Risk Transfer
Traditional the risk of design is with client
D&B the risk of design is with contractor - 2Under a traditional contract, how would the client pass on the design risk?Contractors design portion
- 3What are the articles of agreement for?Agreement date
Who the contract agreement is between - 4What are the recitals?12 of them to describe the outline of the project, what documents are included and the intent form the parties
- 5What are the articlesStipulates what the agreement is between the two parties
The value of the contract
Roles and parties involved
Health and safety provisions - 6What are the contract particulars?Goes into further detail about the what recitals apply to the contract
base date and completion date
insurances and damages - 7Who administers a contract under Traditional and D&BTraditional contract = contract administrator
D&B= Employers agent - 8Describe the role of a contract administratorIndividual appointed by the client responsible for administrating the contract
- 9Describe the role of the employers agentAn agent employed to act on behalf of the employer
- 10where would loss and expense be mentioned in the contract?section 4.20 under payments
- 11how would you establish the rate of loss?on a time basis and has to be demonstration of the loss incurred
- 12what is exempt from retention?Loss and expense
insurance
fees and stat charges
fluctuations A & B
Information
- Description
- APC General Questions Flashcards on Interview Questions 4 - contract practice, created by Fred Fulford on 16/08/2015.
- Created by
- Fred Fulford
- Views
- 4
- Rating