CCDC 5B - part 2

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According to the text, when can applications for payment be made?

Monthly as the Work progresses (correct)

Quarterly

Every other month

Annually

According to the text, what does the amount applied for in the application for payment include?

Cost of the Work performed and Products delivered (correct)

Cost of the Work performed only

Construction Manager's Fee only

Products delivered only

According to the text, what evidence must be provided for Products delivered to the Place of the Work but not yet incorporated into the Work?

Testimonials from the Construction Manager

Photographs of the Products

Receipted vouchers or other satisfactory evidence of payment (correct)

No evidence is required

According to the text, when must the Owner make payment to the Construction Manager for the Work?

On or before 20 calendar days after the receipt of the application for payment Signup and view all the answers

According to the text, when should the Owner make payment for the Construction Manager's Fee for the Services?

No later than 20 calendar days after receiving an application for payment Signup and view all the answers

According to the text, what is the purpose of GC 5.2 ACCOUNTING AND AUDIT?

To keep full and detailed accounts and records necessary for the documentation of the Cost of the Work Signup and view all the answers

According to the text, when should the Owner furnish reasonable evidence of financial arrangements to the Construction Manager?

Before signing the Contract and promptly from time to time thereafter Signup and view all the answers

According to the text, what should the Owner do in the event of a material change in their financial arrangements?

Give the Construction Manager Notice in Writing Signup and view all the answers

According to the text, when the Owner and Construction Manager agree to adjustments in the Construction Manager's Fee, the Guaranteed Maximum Price, and the Contract Time, what is the next step?

The agreement is recorded in a Change Order Signup and view all the answers

What is the purpose of a Change Directive according to the text?

To direct a change in the Work within the general scope of the Contract Documents Signup and view all the answers

According to the text, how is the adjustment in the Construction Manager's Fee determined when no method of adjustment is agreed upon?

Based on the changes in costs of the Construction Manager Signup and view all the answers

According to the text, what should the observing party do if they discover concealed or unknown conditions at the Place of the Work?

Give Notice in Writing to the other party of such conditions within 5 Working Days Signup and view all the answers

According to the text, when must the Consultant advise the Construction Manager in writing that the Work or the designated portion of the Work is not substantially performed?

No later than 20 calendar days after receiving the Construction Manager's list and application Signup and view all the answers

According to the text, what does the Construction Manager need to submit after the issuance of the certificate of Substantial Performance of the Work?

An application for payment of the holdback amount Signup and view all the answers

According to the text, when is the holdback amount due and payable in the common law jurisdictions?

On the first calendar day following the expiration of the holdback period stipulated in the lien legislation Signup and view all the answers

According to the text, when can the Owner retain sums out of the holdback amount?

All of the above Signup and view all the answers

According to the text, when does the Owner have to pay the Construction Manager the holdback amount for subcontract work or Products supplied by a Supplier?

Within 30 calendar days after certification by the Consultant Signup and view all the answers

According to the text, what can the Owner retain out of the holdback amount for subcontract work or Products supplied by a Supplier?

Any sums required to satisfy any legal hypothecs that have been taken against the Work Signup and view all the answers

According to the text, what is the role of the Consultant in the final payment process?

To issue a final certificate for payment Signup and view all the answers

According to the text, what can the Owner withhold if there are items of work that cannot be performed due to climatic or other conditions beyond the control of the Construction Manager?

Payment in full for the portion of the Work that has been performed as certified by the Consultant Signup and view all the answers

According to the text, when would the Consultant issue appropriate instructions for a change in the Work?

If the conditions at the Place of the Work are materially different Signup and view all the answers

According to the text, what would the Consultant do if the conditions at the Place of the Work are not materially different?

Report the reasons for this finding to the Owner and the Construction Manager Signup and view all the answers

According to the text, what would govern the parties if concealed or unknown conditions relate to toxic and hazardous substances and materials?

GC 9.2 - TOXIC AND HAZARDOUS SUBSTANCES Signup and view all the answers

According to the text, what would the Consultant do if the Construction Manager is delayed in the performance of the Work?

Issue appropriate instructions for a change in the Work Signup and view all the answers

According to the text, what would the Consultant do if the conditions differ materially and this would justify an increase or decrease in the Guaranteed Maximum Price?