WorksheetsManagement Procurement and Divided Contract Systems Worksheet
Total questions: 16
Worksheet time: 8mins
Choose 3 management procurement systems
PM consultant
Senior project management
Management contractor
Construction management consultant
Where does the management system sit in the divided contract approach?
Between the client and operating team
Between the developer and the client
Between the Architect and client
Between the contractor and maintenance team
What are two main benefits from the divided contract approach?
Low risk for client
Overlap of maintenance and operation
Client control
Overlap of design and construction
The divided contract approach is a mix between which two strategies
Design & build
Build/own/ transfer
Traditional
Cost plus
Who could the client contract with in the divided approach?
Designer
Contractor
Subcontractors
All of the above
Who takes most of the risk in the divided contract system
client
Consultant
Managing consultant
Subcontractors
What is the primary purpose of client interaction with subcontractors
Safety concerns
Discounted prices
greater control
create good partnerships
Whats the typical payment method for a Management contractor
Guaranteed contract sum
percentage of profits
Wages
Percentage of contract
What are 3 benefits of standard form contracts
Reduced preparation
Clarity and simplicity of wording
All Risks are allocated to the contractor
Risks allocation is well known
Which of the following is a design and construct contract.
AS4000
AS4902
GC21
None of these
Design and construct contracts generally allow the contractor free reign with design post contract award.
True
False
What is the main positive attribute for Clients in Lump sum contracts
Client does not have to pay any money until the end of the project
There is a known price.
The project is slow and steady
None of these
Why are EOT clauses important?
They impact liquidated damages
Preliminary cost impacts
They allow contractors to slow down construction when busy
All of these
How are contract disputes resolved?
Negotiation
Mediation
Litigation
As per the contract clauses on dispute resolution
What is the main importance of ensuring that insurance responsibility is clearly stated in contracts
To ensure that the client’s end cost is reduced
Allow the contractor to work free of concern of damage to person or property
To ensure that person and property is insured by one of the parties contracted
None of these
Why is it necessary to have a defects liability period?
To ensure all defects are resolved in a set time
To ensure that contractors meet their obligations before contract finalisation
To allow time for any issues with the building and equipment to be revealed and resolved before the contractors finish
All of these
