What is meant by the following terms?a. Yellow-dog contractb. Agency shopc. Subcontractor clause

Q: 15. ___________contracts, ______________________. contracts, and ______________________contracts are…

A: After bidding process Owner and contractor signs- Agreement of construction Performance bond…

Q: What is the difference between a typical contract and an engineering contract? Explain.

A:

Q: Does the work covered in a construction contract include a stated gaurantee period?

A: The contract is a legal agreement which is signed between two or more parties. The limitation period…

Q: What is the significance of mass and weight in engineering applications

A: The significance of mass and weight in engineering applications:* mass is one of the fundamental…

Q: Differentiate between two major tendering processes in term of (identification, advantages and…

A: Two major tendering process are as follows :-  Selective Tendering  Open Tendering

Q: What are some common factors that affect the performance of contracts?

A: Performance of a contract refers to the fulfillment of the obligations and promises agreed upon by…

Q: Do the contractors have the right to file claims?

A: Yes, the contractors have the right to file claims.

Q: A change order is a written amendment to the contract signed by the Owner and the Contractor stating…

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

Q: When and under what conditions would the option to contract be executed

A: Contract: The term contract is defined as the agreement between the two (or) more parties. The…

Q: How is liens law beneficial for sub-contractor?

A: The liens law is a law that is used for protecting the rights of the professionals of getting paid…

Q: What is the effect of “beneficial use” on the foregoing list of contract requirements?

A: Beneficial use of contracts is also called beneficial occupancy, it explains about the building…

Q: When are the unit price contracts used?

A: Introduction to Unit price contract Unit Price method is the kind of contract in which total cost of…

Q: What standard forms of contract are offered by JCT?

A: The Joint Contract Tribunal's (JCT) standard forms of contract are created for difficult or big…

Q: What danger is there in requiring a contractor to perform according to a particular method? There…

A: The correct answer is c) Both of the above.Requiring a contractor to perform according to a…

Q: What is the cost Reimbursable contract?

A: A constructional contract is defined as an agreement between two parties in which general and…

Q: What is the role of a gateway person in contract administration?

A: The role of a gateway person in contract administration is crucial. They act as the main point of…

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: How can the differences between the parties affect contract cost or time required to complete the…

A: Several differences can occur between parties in an ongoing project that may lead to disputes and…

Q: Give some reasons for the unbalancing bids?

A: The unbalancing of a bid is the transfer of portion of the work cost for one part of work to another…

Q: What is the difference between the Public contracts and the Private contracts?

A: Public contract is a contract to undertake a specific task which is financed by government funds to…

Q: Describe the procedure of how partial payments to the contractor is done?

A: Partial payment is also called as progress payments. These payments are based on the percentage of…

Q: What is the Contractor payment? I don't understand what it means in the question's note.

A: contractor in a person which provide different types of services to the owner for example:- In…

Q: Contractor A fails to complete the contracted Work for a project based on the contract drawings and…

A:

Q: How does the contract administration use the  work flow?

A: Contract administration could be defined as a multi-stage process that goes on through the entire…

Q: When do most disputes in construction contracts occur?

A: When a construction dispute occurs, the contracting parties may wonder which is the best course of…

Q: what are the advantages and disadvantages of the four basic contract types? -lump sum,…

A: Lump Sum Contracts Despite the fact that the owner benefits from streamlined accounting and less…

Q: ain FIVE (5) advantages of having a contract from the pers

A: A construction contract is a mutual or legally binding agreement between two parties based on…

Q: a) What is Bidding? b) Scope of the Manual of Procedure for the Procurement of Goods c) What is…

A: Four subparts are in the question.

Q: in which construction contract is given an accurate price fo

A: Introduction- A construction agreement is a legally enforceable contract between two parties based…

Q: what is the Pre and post qualification of contractors in tender?

A: prequalification of tender: it is the stage in the tendering process where a number of organisation…

Q: What are the main elements of a contract?

A:

Q: Define the term Instant contract savings?

A: Instant contract saving:

Q: Who provides performance and payment bonds?

A: For several construction projects a payment bond is needed.

Q: The contract definition

A: Solution: The correct option to above given question is option C.

Q: What are the types of Drawings comprising to construction contract?

A: Drawings help to understand the various minute details of the construction project. Drawings are an…

Q: What is Bidder Prequalification?

A: Bidder Prequalification:

Q: In building contract documents, what are main differences between General Conditions and…

A: The objective of the question is to understand the differences between General Conditions and…

Q: Under which conventional contract is the Representative involved?

A: The Representative is involved in the traditional procurement route contract which is commonly…

Q: Name three ways the construction contract can be terminated.

A: There are several explanations for breaking a construction contract. Non-payment by some manager or…

Types of Contracts

A verbal or written agreement between a person and a firm, for undertaking construction, material supply, maintenance, and repair work which is enforceable by law is termed as a contract. The person who undertakes the contract for execution of the work is termed as a contractor. The contracts are classified into different types depending on the nature of the contract.