CCDC 2 - 2008 Part 2

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Which of the following statements about cash allowances is true?

The value of the work performed under a cash allowance is not eligible to be included in progress payments.

The actual cost of the Work under any cash allowance is always less than the amount of the allowance.

The Contractor and the Consultant jointly prepare a schedule for ordering items under cash allowances. (correct)

The cash allowances include the Contractor's overhead and profit.

What happens if the actual cost of the Work under any cash allowance exceeds the amount of the allowance?

The Owner is credited for the unexpended portion of the cash allowance.

The Owner is not credited for the unexpended portion of the cash allowance.

The Contractor is compensated for the excess incurred plus an amount for overhead and profit. (correct)

The Contractor is not compensated for the excess incurred.

How are cash allowances authorized?

By the Contractor directly.

By the Owner directly.

By the Owner through the Consultant. (correct)

By the Contractor through the Consultant.

Can multiple cash allowances be combined for the purpose of calculating the excess cost?

No, multiple cash allowances cannot be combined. Signup and view all the answers

According to the text, when does the Contractor need to deliver a list of items to be completed or corrected, along with a written application for review by the Consultant?

Within one working day of substantial performance of the Work Signup and view all the answers

According to the text, when does the Consultant need to issue a certificate stating the date of substantial performance of the Work?

Within 20 calendar days of receiving the Contractor's list and application Signup and view all the answers

According to the text, when should the Contractor submit an application for payment of the holdback amount?

After the issuance of the certificate of substantial performance of the Work Signup and view all the answers

According to the text, when is the holdback amount authorized by the certificate for payment of the holdback amount due and payable in the Province of Quebec?

30 calendar days after the issuance of the certificate Signup and view all the answers

Which of the following expenses are included in the Contractor's personnel travel and subsistence expenses?

Materials, supplies, construction equipment, and hand tools not owned by the workers Signup and view all the answers

What is the cost of transportation included in the Contractor's expenses?

Cost of transportation of all products Signup and view all the answers

Which items remain the property of the Contractor and have a salvage value?

All tools and construction equipment Signup and view all the answers

Which expenses are included in the cost of tools and construction equipment used in the performance of the Work?

All tools and construction equipment Signup and view all the answers

What do the expenses of the Contractor's field office include?

Equipment and services required for the Contractor's field office Signup and view all the answers

According to the text, when is a Change Order or a Change Directive required for a change in the Work?

When a change in the Work is proposed or required Signup and view all the answers

What is the basis for determining the adjustment in the Contract Price for a change carried out by way of a Change Directive?

The cost of the Contractor's actual expenditures and savings attributable to the Change Directive Signup and view all the answers

Which of the following is NOT a factor considered in valuing Change Directives?

Substitutions related to each other Signup and view all the answers

What is the basis for determining the cost of performing the work attributable to the Change Directive?

Salaries, wages, and benefits paid to personnel in the direct employ of the Contractor Signup and view all the answers

According to the text, what does the GC 4.2.3 provision state about the contingency allowance?

It authorizes and values the expenditures under the contingency allowance. Signup and view all the answers

According to the text, what is the purpose of the GC 5.1 provision?

To provide evidence of the Owner's financial arrangements to fulfill their obligations under the Contract. Signup and view all the answers

According to the text, what is the purpose of the GC 5.2.4 provision?

To facilitate evaluation of applications for payment. Signup and view all the answers

According to the text, what is the purpose of the GC 5.3.1 provision?

To make payment to the Contractor on account as provided in Article A-5 of the Agreement - PAYMENT. Signup and view all the answers

According to the text, when does the Owner have to pay the Contractor the holdback amount for subcontract work or products supplied by a Supplier in common law jurisdictions?

On the first calendar day following the expiration of the holdback period Signup and view all the answers

According to the text, what can the Owner retain out of the holdback amount in common law jurisdictions?

Any sums required by law to satisfy any liens against the Work or, if permitted by the lien legislation, other third party monetary claims against the Contractor Signup and view all the answers

According to the text, when does the Owner have to pay the Contractor the holdback amount for subcontract work or products supplied by a Supplier in the Province of Quebec?

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

According to the text, what is the Consultant's responsibility when the Contractor submits an application for final payment?

To review the Work to verify the validity of the application and advise the Contractor in writing that the application is valid or give reasons why it is not valid Signup and view all the answers