Construction Contracting Structures Quiz

To ensure the contractor completes the work satisfactorily (correct)

To provide financial support to the contractor

To pay for the performance security

To cover the cost of subcontractors

To protect the employer against contractor's failure to complete the work (correct)

To provide insurance for the contractor's workers

To cover the cost of materials used in the construction

To pay for the subcontractors' fees

To ensure the use of sub-contractors with adequate standing (correct)

To reduce the cost of subcontracting

To increase the number of subcontractors involved

To provide flexibility to the contractor

<p>Prime Cost</p> Signup and view all the answers

<p>Joint Venture</p> Signup and view all the answers