Flashcards
Contract Admin questions
Flashcards do conjunto (11)
- 1What are the different suites of contract?JCT, NEC, FIDIC, ICE, GC Works
- 2What are the different families under JCT Contract?a. Standard Building Contract
b. Minor Works contract
c. Design and Build contract
d. Major works contract
e. Prime costs contract
f. Maintenance contract
g. Construction management contract
h. Intermediate contract
i. Management contract
j. Measured term contract
k. CE works contract - 3What are the different families under NEC Contract?1. Priced Contract Activity Schedule
2. Priced Contract - Bill of quants
3.Target Contract - Activity Schedule
4.Target Contract - Bill of quants
5.Cost Reimbursable
6.Managment Contract - 4What is insurance and the two types?A risk spreading technique
Loss & Liability - 5What is the difference?Loss covers you and liability covers liability to others. (Third party and fully comp)
- 6What is subrogation?Right for insurer to pursue a third party that caused loss to the insured. This is done as a means of recovering the amount of the claim paid to the insured for the loss
- 7What is joint names mean?Where the employer and contractor are insurance under the same policy.
- 8What is the benefit to each party?Stops the insurance having the right of subrogation against one party, but a lot of firms won’t do this as they can’t reclaim their loss or pay out
- 9Under JCT what is the liability of the contractor?Liable for personal injury or death to persons affected by the works. Or damage to the property. The insurance would cover the liability
- 10What are 3 insurance options for the works?Option A, B and C.
Option A- insurance of new build, contractor takes out joint names for all risks. Option B, for new buildings where employer takes out joints names for all risks. Option C insurance of existing building, which is taken out by the employer. - 11What is the joint fire code?Physical measures taken in order to prevent a fire. If you go against them then the insurance won’t pay out.
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- chartership T16 Contract Administration FlashCards sobre Contract Admin questions, criado por Fred Fulford em 25-06-2015.
- Criado por
- Fred Fulford
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