What actions can be taken to collect liquidated damages for the failure of a contractor to meet various key dates for the completion of work?

Q: If a general contractor does not feel like paying worker's compensation fees, then the contractor…

A:

Q: What is the Litigation process?

A: Litigation is the process of arguing or engaging in legal action in court as a method of settling a…

Q: Smith’s advertisement for bids on the construction of a sewage-disposal plant stated: “$500 per day…

A: Given: Smith gave advertisement for bids on the construction of a sewage-disposal plant…

Q: A successful contractor bidding for a project is required to engage an bond by the client. Discuss…

A: Contractor : The legal agreement gives rise to the word contractor. The owner and the builder will…

Q: What means are available to a contractor bidding a unit-price project for recovery of “General…

A: Front loading bids, unbalancing bids to retrieve mobilization costs. Owners set lump sum amounts for…

Q: In a construction contract, list the effects of achieving substantial completion upon the contract…

A: The owner will be able to use the project for the intended purposes and its use does not intervene…

Q: As a construction project manager, what general categoriesof information would you want to have on a…

A: As a construction project manager in order to properly evaluate what i think is a developing overrun…

Q: A project had March 4, 2021 as substantial completion date. The owner of the contracting company…

A:

Q: What phrase regarding time must be included in the contract to support a liquidated damages claim?

A: The phrase regarding that should be included in the contract to support a liquidated damages claims…

Q: How is time measured in construction contracts? Provide and example of a type of project that would…

A: Time measured in construction contracts: In any construction, project time plays an important role.…

Q: How can a project become involved in litigation?

A: Litigation is the mechanism through which a lawsuit is taken to trial. The legal cycle is usually…

Q: What are the liquidated damages?

A: The damages that occur due to the breach of the contract can be classified into liquidated and…

Q: What are the types of bonds required to be provided by the contractor on a public works contract?

A: The bond used by investors in construction project as a surety for protection against disruption or…

Q: Determine the criteria for the selection of a contract. Time  Cost  Quality  Risk

A: Brief concept introduction- Contract- A contract is an agreement between two parties that is…

Q: What are the major parameters to be considered in the prequalificationassessment of a contractor?…

A: Contractor prequalification is  information of gathering and assessment process that determines…

Q: If safety requirements are not specified in the contract,is the contractor relieved of its safety…

A: The one of the main responsibility of the contractor is to ensure the safety measures of the…

Q: What are the two basic precepts or that should be recognized as the criteria for sharing of risk…

A: Construction projects are very complex and technically of large value with time period of many…

Q: Liquidated damages are intended to represent anticipated losses to the owner based upon…

A: Liquidated damages are shown in specific legal contracts as an evaluation of losses to one of the…

Q: What factors influence the rate assigned to a contractor forWorkmen’s Compensation insurance?

A: Employers are legally obligated to take reasonable care to assure that their workplaces are safe.…

Q: What we can do if the consultant reject part form the work carried out by the contractor?

A: First of all do ensure that the consultant reject part form the work carried out by the contractor…

Q: Is it a good idea to utilize cost-loaded CPM for contractor progress payments on unit-price…

A: The cost-loaded schedule comprises the works that have been ordered and spread throughout the…

Q: How is the computation of liquidated damages is done?

A: Liquidated damages are given in specific legal contracts as an evaluation of losses to one of the…

Q: You have recently completed construction on a project that was contracted under a CCDC2 contract.…

A:

Q: How can an owner participate in the safety program at the construction project?

A: Involvement of owner in project is very important.

Q: What are Un-liquidated damages?

A: The damages that occur due to the breach of the contract can be classified into liquidated and…

Q: A contractor may jeopardize its claim, however, by being the cause of non-excuseable delays of its…

A: Contractors frequently use the completion date, bar chart and percent of completion schedules to…

Q: What is the Assurance program at the federal project?

A: The federal projects are compulsory allied to the assurance program.The assurance program helps in…

Q: What are the ancillary permits to supplement the Building Permits?

A: The goal of ancillary permits would be to ensure that the appropriate expert is held responsible in…

Q: What is the difference between liquidated damages and apenalty for late completion of the contract?

A: If the amount set by both parties is a true estimate of the loss due to a future breach of contract,…

Q: What can be the result of the contractor’s failure to follow mandated government claims procedures?

A: A contractor is a self-employed person that carries out work for the construction company. The…

Q: Which of the following listed documents is the preferred location for specifying the amount of…

A: Given documents are: Notice Inviting Bids Instructions to Bidders Bid or Proposal AgreementGeneral…

Q: In a construction contract, list the effects of achieving substantial completion upon the contract…

A: A construction contract includes general and special terms of agreement, details of construction…

Q: Why do the contractor favor no fault settlement while resolving a dispute?

A: A dispute resolution is also referred to as alternative dispute resolution, it is a method for…

Q: Define the term long lead purchases?

A: Long lead purchase:

Q: what conditions can the contractor

A: the Contractor might suspend work or end the Contract upon fifteen (15) days' composed notification…

Q: ABC Corporation has recently given out a nine-month contract to a construction subcontractor. At the…

A: It depends on the amount of investment in the project if it is more than 1-2% of cost per…

Q: What is one of the most common causes of contractor claims?

A: There square measure several quite conflicts occur in construction industry between the parties that…

Q: What are the four guidelines for allocation of risk in construction contracts?

A: Risk is defined as an unpredictable occurrence or collection of circumstances that will impact the…

Q: Why is it important to understand how to choose the correct type of consruction contract to issue?

A: Answer:- Construction contract:- It is a mutual or legally binding agreement between two parties…

Q: Which of the following Project Delivery Methods provides an Owner a guaranteed final project cost…

A: Given-   Which of the following Project Delivery Methods provides an Owner a guaranteed final…

Q: Is it advisable to use cost-loaded CPM for progress payments to the contractor on unit-price…

A: The cost-loaded schedule is composed of the works that have been ordered and distributed across the…

Q: How do the owners collect the liquidated damages from the contractors during construction?

A: Liquidated damages are the method of sharing risk between the owner and the contractor and are…

Q: During what period can a contractor withdraw the bid without penalty?

A: A contract is a legal bond between two or more two parties. It specifies the duties and…

Q: Why should the contractor submittals be handled carefully?

A: Submittals in the construction of the board are shop drawings, material information, tests, and item…

Q: Should any of the parties bring an attorney to a construction meeting? If one does, what should the…

A: No, attorney general of both the parties must present in a construction meeting.

Q: Why is the contractor liable of providing the surety bonds to obtain written release prior to the…

A: Let's first understand that what is surety bond: A Surety bond may be a triangular contract. One…

Q: Some people feel that lump-sum contracts can foster amore contentious work environment than any of…

A: True

Management levels

Management levels are the hierarchy of all the designations of people present in a construction company or construction project. For the proper execution of the project, all the components of a management hierarchy must work properly as per their responsibility. The main objective of creating management levels is that the whole work should be distributed in parts to the respective departments of specialization in that part.