Construction Management
5th Edition
ISBN: 9781119256809
Author: Daniel W. Halpin, Bolivar A. Senior, Gunnar Lucko
Publisher: WILEY
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Chapter 5, Problem 4RQE
To determine
Explain advantages and disadvantages of a corporate form of business organization as compared to a partnership.
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Draw a schematic diagram to illustrate the contractual relationships in the construction
industry among the main key players
Question 8
What is the contract delivery method called where the prime consultant is
responsible to the contractor?
E Public-private partnership
E Integrated project delivery
Design-build
I Construction management for services
Question 9
What document is requested by the owner to ensure the contractor enters into a
contract?
Agreement to bond
Performance bond
Bid bond
I Certification of insurance
Research and explain the different management styles
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.Similar questions
- if a board of directors consists of 10 people, in how many ways can a chief executive officer, a director, a treasurer and a secretary be selected?arrow_forwardThere are several types of construction contracts. However, often a standard form of contract is best suited for most construction contracts. Describe why this type of contract is the best in most situations?arrow_forwardWhat types of relationships are intended to be established under a Partnering agreement?arrow_forward
- The basic concept of contract formation is the mutual agreement of all the parties involved. Explain FIVE (5) advantages of having a contract from the perspective of the contractorarrow_forwardDiscuss Subcontractors and why it is important to understand the requirements a subcontractor must have before you hire them?arrow_forwardWhat criteria would you apply when making professional judgments regarding investments in engineering projects, and what will you consider important?arrow_forward
- Under a construction management (CM) contract,should the CM firm’s responsibilities normally begin at the construction phase, the design phase, the planning phase, or the conceptual phase?arrow_forwardWhich of the following Project Delivery Methods would be best suited to an Owner that is not as concerned with design and construction details, only wants a completed project that meets their functional requirements? Group of answer choices A)Design-Bid-Build B)Design-Build C)Construction Management - Agency D)Construction Management - Liabarrow_forwardIs Partnering a totally informal process, or should it be addressed in the specifications?arrow_forward
- Construction "Contract Documents" are the official written documents that define the roles, responsibilities, and "Work" under the Construction Contract, and are legally binding on the client and contractor. Explain SIX (6) factors in selecting the type of contract.arrow_forwardDefined as the work needed for the project to be done. It includes management, preparation, and application. A Logistics B) Analysis c) Administration D) Operationsarrow_forwardC. There has always been the need to protect Client from Contractors who cannot to perform contracts they have signed. Right from the Tender stage to post contract stage there exist mechanisms designed to protect the Client from contractors non-performance. Discuss the contract documentation used to protect Client at the Tender stage and during post contract stage.arrow_forward
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