Podcast
Questions and Answers
What is the primary focus of the document related to UNION COURT?
What is the primary focus of the document related to UNION COURT?
- Legal proceedings
- Community engagement
- Marketing strategies
- Development progress and requisitions (correct)
The document mentions a construction project with 95 units located in the Bronx, NY.
The document mentions a construction project with 95 units located in the Bronx, NY.
True (A)
What is the requisition number associated with UNION COURT as per the document?
What is the requisition number associated with UNION COURT as per the document?
13
The ____________ includes moderate rehabilitation of 21 buildings over 3 separate sites in Walla Walla, WA.
The ____________ includes moderate rehabilitation of 21 buildings over 3 separate sites in Walla Walla, WA.
Match the projects with their corresponding characteristics:
Match the projects with their corresponding characteristics:
Which of the following best describes the contents of the Box Folder for UNION COURT?
Which of the following best describes the contents of the Box Folder for UNION COURT?
How many residential buildings are included in the Union Court Apartments project?
How many residential buildings are included in the Union Court Apartments project?
The original contract price can be changed by the agreement of change orders.
The original contract price can be changed by the agreement of change orders.
What is the purpose of a Requisition in the draw package?
What is the purpose of a Requisition in the draw package?
The project accommodates a total of ___ residential units.
The project accommodates a total of ___ residential units.
Match the following building types with their respective numbers:
Match the following building types with their respective numbers:
What is included in the typical Draw Package contents?
What is included in the typical Draw Package contents?
The Change Order Log is part of the supporting documentation.
The Change Order Log is part of the supporting documentation.
What is the designation for five detached parking garage buildings?
What is the designation for five detached parking garage buildings?
A change order can result in a positive or negative number for Line 2, which indicates ___ work was added or deducted.
A change order can result in a positive or negative number for Line 2, which indicates ___ work was added or deducted.
What does the contract sum to date include?
What does the contract sum to date include?
Retainage can be a fixed amount and does not vary by state.
Retainage can be a fixed amount and does not vary by state.
What is the purpose of retainage in a construction contract?
What is the purpose of retainage in a construction contract?
The total payments previously received are subtracted in line _____ to determine the current payment due.
The total payments previously received are subtracted in line _____ to determine the current payment due.
Match the following lines with their descriptions:
Match the following lines with their descriptions:
What does the total earned less retainage allow you to calculate?
What does the total earned less retainage allow you to calculate?
Line 8 represents the amount of money expected to be billed in the previous period.
Line 8 represents the amount of money expected to be billed in the previous period.
In a typical construction contract, what is the range of retainage percentage?
In a typical construction contract, what is the range of retainage percentage?
The total billable amount earned is calculated by subtracting line 5 from line _____ .
The total billable amount earned is calculated by subtracting line 5 from line _____ .
What happens to retainage as a certain percentage of a contract is completed?
What happens to retainage as a certain percentage of a contract is completed?
Flashcards
Construction Checklist Screen + Box Upload
Construction Checklist Screen + Box Upload
A construction checklist screen and box upload. Often used to initiate and track construction projects.
SMT Development Progress Screen Entries
SMT Development Progress Screen Entries
A screen where the progress of the development is recorded and updated.
Draw Package
Draw Package
A comprehensive set of documents that requests payment for completed construction work.
Draw Request
Draw Request
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Requisition
Requisition
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Change Order
Change Order
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Change Order Log
Change Order Log
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Original Contract Price
Original Contract Price
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Net Change By Change Orders
Net Change By Change Orders
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Box Cloud Space
Box Cloud Space
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Bid Review Folder
Bid Review Folder
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What is the SMT Development Progress screen?
What is the SMT Development Progress screen?
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What are the different Box Folders
What are the different Box Folders
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Construction Folder
Construction Folder
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Draws & COs Folder
Draws & COs Folder
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Contract Sum To Date
Contract Sum To Date
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Total Completed And Stored To Date
Total Completed And Stored To Date
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Retainage
Retainage
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Total Earned Less Retainage
Total Earned Less Retainage
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Less Previous Certificates For Payment
Less Previous Certificates For Payment
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Current Payment Due
Current Payment Due
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Balance To Finish, Including Retainage
Balance To Finish, Including Retainage
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Study Notes
Session 4: SMT & Box Use and Process During Construction
- Session focused on SMT (likely Site Management Team) and Box Use, along with construction processes.
Project Timeline
- Dates provided are for training purposes only.
- Project: Under Construction → Collect Monitoring Documents
- Key dates include construction commencement (15 Oct), PM handover (NTP), project completion (15 Feb), monitoring documentation collection, and CRM site visits.
- Dates are presented as a timeline.
Union Court Apartments SMT # 79596
- New construction project with various building types
- Four (4) residential buildings:
- 80-unit senior apartment building
- 12-unit townhouse (in Building 1)
- 12-unit townhouse (in Building 2)
- 7-unit townhouse (in Building 3)
- Five (5) detached parking garages to accommodate 57 vehicles plus 179 surface parking spaces.
- A total of 111 residential units.
- Project contains parking garages
Notice to Proceed (NTP)
- Official notice authorizing commencement of construction.
- Dates within NTP document for various projects (Union Court MF, LLC and Creekside MF, LLC).
UNION COURT - 79596 SMT Construction Checklist screen + Box Upload
- Screen displays various project components (e.g., buildings, compliance tracking, documents, financials, etc.)
- Instructions to clear the cache are provided.
UNION COURT - 79596 SMT Development Progress screen entries
- Progress monitoring screen displays details such as project parameters, projected budget, start and completion dates, and change orders.
- Specific change orders with amounts are included and the reason for each.
- Notice to Proceed (NTP) date is included with the resulting substantial completion date projected.
UNION COURT - 79596 Typical Draw Package Contents
- Detailed breakdown of the components contained in a typical draw package.
- Includes draw request, requisitions, changed orders, lien waivers, owner's sworn statement, cost schedule, invoices and other supporting documentation.
AIA Document G702 - Application and Certification for Payment
- Document related to payment applications and certifications within construction projects.
Union Court - 79596 Requisition #13 (period to 04/30/2022)
- Detailed breakdown of labor, materials, costs, and totals for a payment period.
- Includes specific item descriptions, values, completion percentages, and retainage amounts.
Union Court - 79596 Owner's Sworn Statement
- Related to requirements, documents, and spreadsheets for sources and uses and budget development.
- Includes a budget breakdown of sources of funds for the project.
Union Court -79596 Box Cloud Space E-mails/Box Folder Path
- Information about electronic communication and file management.
- Email addresses and specific file folder locations within an electronic system.
- Additional details about paths within the electronic file storage/communication system.
WWHA Housing Preservation Portfolio - 80296.
- Moderate Rehab of 21 buildings.
- Detailed project information relating to the development including project details and budget details.
- Project details relating to construction timeline and expenses.
NEW ROADS PLAZA - 78788
- One new construction project in the Bronx, NY, encompassing 95 units.
- Dates for completion of portions of construction for various periods are stated.
- Total costs associated with portions of the construction project are outlined.
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