1|Page
DBIA EXAM 3 MASTER STUDY GUIDE 2026 | CONTRACTS &
RISK MANAGEMENT | 250+ LEGAL Q&A
What 3 categories are the Best Practices organized into?
1. Procurement
2. Contracting
3. Execution
If these Best Practices are NOT implemented, there is an increased _____ that the project's
performance will be _____ and that some or all of the stakeholders will be _____.
- probability
- compromised
- disappointed.
_____ and _____ contracts are fundamental to any delivery process.
- Fair
- Clear
Contracting principles apply to contracts of those working within the _____ _____
DB Team
This chapter has ___ Best Practices and ___ Implementing Techniques.
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- 18
Contracts used on DB projects should be _____, _____, and _____ and should promote the
_____ aspects inherent in the DB process.
- fair
- balanced
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- clear
- collaborative
The contract between the _____ and the ______ _____ should address the _____ aspects of
the DB process, including expected standards of care for design services.
- Owner
- Design-Builder
- unique
The contracts between the _____ _____ and _____ _____ should address the _____ aspects
of the DB process.
- Design-Builder
- Team Members
- unique
Design-Build Done Right is the _____ of every DBIA certification course!
core
What are the 4 types of law?
1. Contract Law
2. Tort Law
3. Statutes and regulations
4. Common Law
_____ Law is based on the use of precedent.
Common
Arbitration and mediation results don't provide direct _____.
precedent
_____: a party offers to contract with one another.
Offer
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_____: a party accepts the other party's offer.
Acceptance
_____: value exchanged for performance.
Consideration
_____: the party making the contract must be legally able to do so
Capacity
_____: the individual forming the contract must have authority to do so
Authority
What are the 5 requirements for a valid contract?
1. Offer
2. Acceptance
3. Consideration
4. Capacity
5. Authority
Offers must demonstrate an expression of _____ to contract on certain terms.
willingness
The response to an RFP is an example of a(n) _____.
Offer
What 2 things can nullify an offer?
1. Varying/additional terms
2. Counteroffers
Oral contracts can be valid.
True or False?
True
DBIA EXAM 3 MASTER STUDY GUIDE 2026 | CONTRACTS &
RISK MANAGEMENT | 250+ LEGAL Q&A
What 3 categories are the Best Practices organized into?
1. Procurement
2. Contracting
3. Execution
If these Best Practices are NOT implemented, there is an increased _____ that the project's
performance will be _____ and that some or all of the stakeholders will be _____.
- probability
- compromised
- disappointed.
_____ and _____ contracts are fundamental to any delivery process.
- Fair
- Clear
Contracting principles apply to contracts of those working within the _____ _____
DB Team
This chapter has ___ Best Practices and ___ Implementing Techniques.
-3
- 18
Contracts used on DB projects should be _____, _____, and _____ and should promote the
_____ aspects inherent in the DB process.
- fair
- balanced
,2|Page
- clear
- collaborative
The contract between the _____ and the ______ _____ should address the _____ aspects of
the DB process, including expected standards of care for design services.
- Owner
- Design-Builder
- unique
The contracts between the _____ _____ and _____ _____ should address the _____ aspects
of the DB process.
- Design-Builder
- Team Members
- unique
Design-Build Done Right is the _____ of every DBIA certification course!
core
What are the 4 types of law?
1. Contract Law
2. Tort Law
3. Statutes and regulations
4. Common Law
_____ Law is based on the use of precedent.
Common
Arbitration and mediation results don't provide direct _____.
precedent
_____: a party offers to contract with one another.
Offer
, 3|Page
_____: a party accepts the other party's offer.
Acceptance
_____: value exchanged for performance.
Consideration
_____: the party making the contract must be legally able to do so
Capacity
_____: the individual forming the contract must have authority to do so
Authority
What are the 5 requirements for a valid contract?
1. Offer
2. Acceptance
3. Consideration
4. Capacity
5. Authority
Offers must demonstrate an expression of _____ to contract on certain terms.
willingness
The response to an RFP is an example of a(n) _____.
Offer
What 2 things can nullify an offer?
1. Varying/additional terms
2. Counteroffers
Oral contracts can be valid.
True or False?
True
