23 Questions
Which document is protected by copyright?
CCDC 4 – 2011
When should the Owner make payment to the Contractor?
On or before 20 calendar days after the receipt of the application for payment
What does the Contractor need to submit with each application for payment?
Evidence of financial arrangements made by the Owner
Which one of the following statements about cash allowances is correct?
The cash allowances are included in 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 Contractor will be compensated for the excess incurred and substantiated plus an amount for overhead and profit on the excess.
What is the purpose of a contingency allowance?
To cover unexpected costs that may arise during the project.
According to the text, when can the Owner retain the holdback amount?
When the Consultant certifies that the work of a Subcontractor or Supplier has been performed
According to the text, in the Province of Quebec, when should the Owner pay the Contractor the holdback amount for subcontract work or Products supplied by a Supplier?
30 calendar days after certification by the Consultant
According to the text, when should the Owner pay the Contractor after the issuance of a final certificate for payment?
5 calendar days after the issuance of the final certificate
Which of the following is NOT a method of adjustment for the Contract Price presented by the Contractor?
Cost of the Contractor’s actual savings attributable to the change
When is a Change Directive used?
To proceed with a change in the Work prior to the Owner and the Contractor agreeing upon the corresponding adjustment in Contract Price and Contract Time
How is the adjustment in the Contract Price for a change carried out by way of a Change Directive determined?
Based on the cost of the Contractor’s actual expenditures and savings attributable to the Change Directive, valued in accordance with paragraph 6.3.7
Which of the following is NOT included in the salaries, wages, and benefits paid to personnel in the direct employ of the Contractor?
Personnel engaged in the preparation or review of Shop Drawings, fabrication drawings, and coordination drawings
What determines the salaries and wages paid to personnel in the direct employ of the Contractor?
All of the above
In the absence of a salary or wage schedule and bargaining agreement, what determines the salaries and wages paid to personnel in the direct employ of the Contractor?
Actual salaries, wages, and benefits paid by the Contractor
Which personnel are considered for the salaries, wages, and benefits paid to personnel in the direct employ of the Contractor?
All of the above
What are the contributions, assessments, or ta mentioned in the text?
None of the above
According to the text, when should the Contractor deliver a comprehensive list of items to be completed or corrected, together with a written application for a review by the Consultant to establish Substantial Performance of the Work or substantial performance of the designated portion of the Work?
Within one Working Day after the Work is substantially performed
According to the text, when should the Owner place the holdback amount in a bank account in the joint names of the Owner and the Contractor, if the holdback amount required by the applicable lien legislation has not been placed in a separate holdback account?
Within 10 calendar days prior to the expiry of the holdback period
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 of Substantial Performance
Which document must contain a CCDC 4 copyright seal to be considered an accurate and unamended version of CCDC 4 – 2011?
A document with a CCDC 4 copyright seal on the cover page
When does the Contractor need to deliver a comprehensive list of items to be completed or corrected?
Within one Working Day of substantial performance of the Work
When is the holdback amount due and payable in common law jurisdictions?
On the calendar day following the expiration of the holdback period stipulated in the lien legislation
This quiz tests your knowledge on the progressive release of holdback in common law jurisdictions. It covers topics such as legal hypothecs, third party monetary claims, and the role of the Owner in retaining funds. Test your understanding of GC 5.6 and related concepts with this quiz.
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