WorksheetsWeek 4 CA 2026
Total questions: 24
Worksheet time: 12mins
Who benefits from security clauses in contracts
Client
Contractor
Both
Neither
Which of the following is not a form of security
Bank guarantee
Retention
Contractor debt
None of these
Who should ensure that securities are current
Subcontractor
Site management
Contract administrator
Security company
Why would a client not want to provide security in a contract
They don't want the contractor to access their money
They would prefer to use their money for other things
It does not benefit them financially
All of these
None of these
When would a contractor access the clients' security
When the need to pay for the staff end of year bonus
To provide onsite leisure activities
When the client does not pay them without cause
None of these
What issues could a contractor face if they were not paid in time by the client
Financial prosperity
Cash flow issues
Financial hardship
None of these
All of these
What is security for performance for the principal
Ensure building is completed
Ensure quality is as expected
Ensure project progress
None of these
All of these
What is not defined as a form of security in the AS4000 contract
Bonds
Unconditional undertaking
Interest bearing deposit
Dowry
All of these
Is the principal entitled to remove the clause allowing contractors recourse to security
Yes
No
Only in contracts with subcontractors
None of these
When is security reduced in a contract
Practical completion
Final certificate
Pre-contract mediation
All of these
What is the purpose of insurance under construction contracts
Abolition of risks
Transfer of risks
Deletion of risks
Increase risks
Who will provide insurance for the works
Principal
Contractor
Contract administrator
Depends on the contract
Which clauses of AS4000 discuss who provides insurance
16
17
18
19
None of these
Which clauses of AS4000 discuss types of insurance
16, 17 & 18
17, 18, & 19
18, 19 & 20
19, 20, & 21
When may a contractor be excluded from liability of items to be insured
Making good fair wear and tear
Making good faulty design
Loss or damage from ionising radiation
All of these
None of these
Which of the following risks in 14.3 are is the responsibility of the principal?
Principals negligence
War
Radioactivity form nuclear waste
All of these
None of these
What should the contractors’ insurance cover regarding the works
Contract sum
Demolition
Consultants fees
All of these
None of these
What action should be taken if one party fails to insure when required under the contract
Pay for insurance on behalf of the other and it will become a debt to the payer
Break the contract
Give notice to the bank for advice
None of these
What do workers compensation wages declaration not include ?
Wages
Over award payments
Termination
GST component of emplyee payments
None of these
Which of the following may be paid for workers compensation?
Wages
Medical expenses
Rehabilitation
Lump sum for disability
All of these
Which of these may not be covered by works insurance
Damage/defects search and locate fees
Display home cover
Existing structures cover
Tools of trade
Depends on insurer and cover
What does public liability typically cover?
Third party injuries
Property damage outside site
Legal costs and defence
All of these
Some of these
In what circumstances would a contractor purchase professional indemnity insurance?
Construct only project
D&C project
Small home projects
All of these
What consultant services should have professional indemnity insurance?
Engineer
Architect
Surveyor
Project manager
None of of these
