CiCi d'See TWO | Whose roll is it anyways? | Name that Contract | James Bond | Bidder Beware! |
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What is a change directive
A written instruction prepared by the consultant and signed by the owner directing the contractor to proceed with a change in the work within the general scope of the contract documents prior to the owner and the contractor agreeing upon adjustments in the contract price and the contract time
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What is the roll of the contractor?
To provide shop drawings as required in the contract documents
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What is CCDC2?
A contract with a known price before the contract begins.
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What is a performance bond?
indemnifies the owner up to the amount of the bond to complete the contract in the event of default (bankruptcy or insolvency) on the part of the contractor.
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What is period of irrevocability?
Bidders are unable to withdraw their bids during this time.
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What is provide?
According to CCDC2 this word means to supply and install
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What is the roll of the owner?
To obtain and pays for development approvals, building permits and permanent easements.
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What is CCDC 3?
A contract where the contractor is compensated for the actual costs, plus a fee with an agreed-upon maximum price
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What is labour and materials bond?
Guarantees that claimants (sub-contractors, sub-trades, and suppliers who have direct contracts with the contractor) will be paid
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What is 4 days?
The amount of days before bid closing that an architect can issue addendum.
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What is the contact warranty?
Unless extended, this will only last one year from the date of substantial performance.
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What is the roll of the consultant?
To prepare supplemental instructions
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What is CCDC5a?
A contract puts the owner is at risk.
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What is a surety?
a third party which agrees to indemnify the owner against a loss arising from the failure of the contractor to complete project
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What is a privilege clause?
The lowest of any tender shall not necessarily be accepted
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What is Indemnification?
The section of a CCDC contract that describes a risk shifting tool in which one party agrees to take responsibility for the liability of the another party
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What is the roll of the consultant?
To be the first instance, the interpreter of the requirements of the contract documents
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What is P3?
A contract allows projects to be financed in ways which may not be possible through public methods
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What is a bid bond?
Guarantees that if the bid is accepted within the time period stated, the contractor will enter into a formal contract with the owner.
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What is a bid depository?
A facility operated by the local construction association to collect and register bids from sub-contractors and suppliers, and then transmit these sub-trade bids to general contractors.
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What is the agreement between the Owner and Contractor?
If there is a conflict within the contract documents this section takes priority above all.
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What is the roll of the owner?
To provide for the coordination of the activities and work of other contractor and owners own forces with the work of the contract
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What is CCDC 4?
A contract is used primarily for civil engineering work.
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What is a bid bond?
This bond must be submitted on time for the bid to be considered compliant
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What if bids come in 15% over budget?
The architect will revise the construction documents and administer the tender call at no additional fee
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