20 Questions
According to the text, disputes arising from the interpretation, application, or administration of the contract shall be settled through
mediation or arbitration
According to the text, if the parties do not agree to mediation or arbitration, they may refer the unresolved dispute to
any other agreed form of dispute resolution
According to the text, the Owner is responsible for obtaining and maintaining general liability insurance with limits of
$10,000,000 per occurrence
According to the text, the deductible for the general liability insurance should not exceed
$15,000
According to the text, what is the minimum deductible for the 'Broad Form' property insurance policy?
$10,000
According to the text, how long should the liability coverage be provided for completed operations hazards following the Project In-Use Date?
6 years
According to the text, what is the minimum limit per occurrence for bodily injury, death, and damage to property under the Aircraft or Watercraft Liability Insurance policy?
$10,000,000
According to the text, who is responsible for providing, maintaining, and paying for general liability insurance with limits of not less than $5,000,000 per occurrence?
The Construction Manager
According to GC 9.2 - WAIVER OF CLAIMS, what must be included in a claim to preserve a right of action?
All of the above
When should the party giving Notice in Writing of a claim submit a detailed account of the amount claimed?
Within a reasonable time
What is the consequence if a Notice in Writing of claim pursuant to paragraph 9.2.1.1 is received on the 18th or 19th calendar day after the Project In-Use Date?
The period within which Notice in Writing of claim pursuant to paragraph 9.2.1.1 shall be extended
If the event giving rise to a claim has a continuing effect, what should the party making the claim do?
Submit further interim accounts at reasonable intervals
Which party waives and releases the other party from all claims arising from their involvement in the project?
The Owner
What types of claims are waived and released by the Construction Manager against the Owner, except for certain exceptions?
Claims resulting from acts or omissions which occur prior to or on the Project In-Use Date
Which claims are not waived and released by the Construction Manager against the Owner?
Claims referred to in paragraph 9.2.1.2
What is the time period within which the Owner can make claims against the Construction Manager, except for certain exceptions?
Six years from the Project In-Use Date
What is the time period within which a claim for indemnification must be made under this Contract?
Within 6 years from the date of Project In-Use Date
What is the limit of indemnity for losses suffered by the Owner and the Construction Manager for which insurance is to be provided by either party pursuant to GC 8.1 – INSURANCE?
The insurance limit for the loss so covered as prescribed in GC 8.1 – INSURANCE
What is the limit of indemnity for losses suffered by the Owner and the Construction Manager for which insurance is not required to be provided by either party in accordance with GC 8.1 – INSURANCE?
The Construction Manager’s compensation as recorded in Article A-5 of the Agreement – COMPENSATION FOR SERVICES
What is the obligation of either party to indemnify the other in respect to claims by third parties for direct loss resulting from bodily injury, sickness, disease or death, or to injury to or destruction of tangible property?
Without limit
Insurance Deductibles and Responsibilities Quiz: Test your knowledge on how parties are required to pay their share of deductible amounts in proportion to their responsibility for losses covered by insurance policies. Learn about exclusions and the importance of having insurance policies with licensed insurers in the jurisdiction of the project location.
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