Complete Solutions
A reimbursable contract is most appropriate when the work is
risky, it is impossible to define, and the amount of work is
unknown. True or False Correct Answers True
AIA Agency Contract (B141, B801) Correct Answers 1 or more
construction contracts; Designer is the owner's principal agent;
Designer handles the contract administration; Designer handles
the design
AIA CM at Risk Contract Correct Answers CM's limited
professional services during design; CM may self-perform work
at their own discretion without submitting bids; no option for
owner to reject GMP and continue CM's services; no option for
owner to require additional services after GMP is signed
An advantage of the Design-Build method is that the owner is
not liable for the design. True or False Correct Answers False
An important component of the pre-design phase is the
construction management plan. True or False Correct Answers
True
CM at Risk Advantags Correct Answers Well-suited for fast-
tracking, contractor (and subcontractor) input on design
alternatives, better cost info, permits "picking" of the builder
CM at Risk Disadvantages Correct Answers Change of CM's
accountability after, GMP (guaranteed maximum price) is
, signed, tempted to sign GMP "too soon", variations in
procurement methods
CM at Risk is when the CM takes over as the general contractor.
True or False Correct Answers True
CMAA Agency CM at Risk Contract Correct Answers CM's
extensive professional services during design; self-perform work
only if low bid, owners approves, and a separate GMP contract
is signed; owner may reject GMP, CM may continue as agent;
owner may require additional services after GMP is signed; CM
is responsible for the cost of the project; CM must bid (and be
low bidder) on work to be self-performed; project team concept
is to be maintained
CMAA Agency Contract (A1-A4) Correct Answers 1 or more
construction contracts; CM is the owner's personal agent; CM
handles the contract administration; Designer handles the design
CMAA Agency General Conditions Correct Answers
Inspection, testing, and rejection of non-conforming work;
provide a vehicle for making changes to the contract price and
time; insurance requirements for the contractor and the owner;
avenues for contract termination: for convenience, for default;
defining a mechanism for dispute resolution; responsibilities of
the owner, CM, designer, and contractor; site safety; monitoring
time and progress of the work; responsibilities and duties to
subcontractors and suppliers; owner's right to perform work and
issue separate contracts; procedures for progress payments,
withholding payments, and issuing final payment