Podcast
Questions and Answers
Which type of Construction Cost Estimate provides the Owner an indication of the order of magnitude of the Construction Cost for a project completed within the estimated completion date?
Which type of Construction Cost Estimate provides the Owner an indication of the order of magnitude of the Construction Cost for a project completed within the estimated completion date?
- Class D Construction Cost Estimate (correct)
- Class C Construction Cost Estimate
- Class A Construction Cost Estimate
- Class B Construction Cost Estimate
What is included in the Construction Cost Estimate?
What is included in the Construction Cost Estimate?
- Labour and material costs (correct)
- Compensation of the Construction Manager and the Consultant
- Taxes
- Contract Time
What are the Construction Documents?
What are the Construction Documents?
- Class D Construction Cost Estimate
- Contract Documents
- Payment Certifier
- Specifications and drawings (correct)
Who is responsible for performing their respective duties, responsibilities, and obligations as prescribed in the Contract Documents?
Who is responsible for performing their respective duties, responsibilities, and obligations as prescribed in the Contract Documents?
Which type of Construction Cost Estimate is based on the completed Construction Documents?
Which type of Construction Cost Estimate is based on the completed Construction Documents?
When is the Class B Construction Cost Estimate typically prepared?
When is the Class B Construction Cost Estimate typically prepared?
What format should the Class A and Class B Construction Cost Estimates be presented in?
What format should the Class A and Class B Construction Cost Estimates be presented in?
Which Construction Cost Estimate has a higher level of precision?
Which Construction Cost Estimate has a higher level of precision?
Who is responsible for construction health and safety at the Place of the Project?
Who is responsible for construction health and safety at the Place of the Project?
What is the time frame for the Owner to make payment to the Construction Manager?
What is the time frame for the Owner to make payment to the Construction Manager?
If the Owner and the Construction Manager cannot agree on a change in the Construction Manager's compensation, what is the next step?
If the Owner and the Construction Manager cannot agree on a change in the Construction Manager's compensation, what is the next step?
Under what circumstances can the Owner terminate the Contract?
Under what circumstances can the Owner terminate the Contract?
What does the term 'Substantial Performance of the Work' mean?
What does the term 'Substantial Performance of the Work' mean?
What does the term 'Working Day' mean according to the text?
What does the term 'Working Day' mean according to the text?
What are 'Temporary Work' items used for?
What are 'Temporary Work' items used for?
What is the purpose of 'Value Added Taxes' according to the text?
What is the purpose of 'Value Added Taxes' according to the text?
What is the responsibility of the Construction Manager as stated in Schedule A1 to the Agreement?
What is the responsibility of the Construction Manager as stated in Schedule A1 to the Agreement?
What is the authority of the Construction Manager as agent of the Owner?
What is the authority of the Construction Manager as agent of the Owner?
What is the responsibility of the Owner as stated in GC 3.1.4?
What is the responsibility of the Owner as stated in GC 3.1.4?
What is the responsibility of the Owner as stated in GC 3.1.13?
What is the responsibility of the Owner as stated in GC 3.1.13?
What action can the Owner take if the Construction Manager neglects to perform the Service properly?
What action can the Owner take if the Construction Manager neglects to perform the Service properly?
What must the Construction Manager do to be in compliance with the Owner's instructions if the default cannot be corrected within the specified time?
What must the Construction Manager do to be in compliance with the Owner's instructions if the default cannot be corrected within the specified time?
What action can the Owner take if the Construction Manager fails to correct the default within the specified time?
What action can the Owner take if the Construction Manager fails to correct the default within the specified time?
What can the Owner do if the Construction Manager corrects the default but fails to provide an acceptable schedule for such correction?
What can the Owner do if the Construction Manager corrects the default but fails to provide an acceptable schedule for such correction?
What can the Owner do if the Construction Manager fails to correct the default even after an extension of the specified time period?
What can the Owner do if the Construction Manager fails to correct the default even after an extension of the specified time period?
The Owner can give the Construction Manager Notice in Writing if the Construction Manager fails to comply with the requirements of the Contract.
The Owner can give the Construction Manager Notice in Writing if the Construction Manager fails to comply with the requirements of the Contract.
The Construction Manager has 5 Working Days to correct the default after receiving Notice in Writing from the Owner.
The Construction Manager has 5 Working Days to correct the default after receiving Notice in Writing from the Owner.
If the default cannot be corrected within the specified time, the Construction Manager is required to provide an acceptable schedule to the Owner.
If the default cannot be corrected within the specified time, the Construction Manager is required to provide an acceptable schedule to the Owner.
The Owner can deduct the cost of correcting the default from any payment due to the Construction Manager.
The Owner can deduct the cost of correcting the default from any payment due to the Construction Manager.
The Construction Manager is responsible for construction health and safety at the Place of the Project.
The Construction Manager is responsible for construction health and safety at the Place of the Project.