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Interim Payments Quiz

Authored by Muhammad Nasrol Jamal

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University

Interim Payments Quiz
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the percentage of progressive cost to net contract sum?

2.91619%

3.5%

1.5%

4.0%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount of preliminaries to be paid if the net value of work executed by the contractor to date is RM900,000.00?

RM26,245.71

RM30,000.00

RM20,000.00

RM15,000.00

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Clause 28.4, what must be included in the interim certificate?

The estimated total value of the work properly executed

Only the value of work improperly executed

The total contract sum

The value of work not executed

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What are the prerequisites for payment regarding materials on site?

Delivered to site or adjacent to site

Intended for incorporation in the permanent works

Reasonably, properly and not prematurely brought to site

Adequately protected against weather and casualties

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must the contractor obtain regarding the goods?

Adequate title to the goods

Payment from the employer

Delivery confirmation

Supplier's invoice

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the total value of materials is to be paid to the contractor?

80%

90%

100%

70%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must the type and quality of materials comply with?

Specifications stated in the contract

Market prices

Supplier's recommendations

Local regulations

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