Contractor Construction Management Questions and Answers Graded A+
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Course
Contractor Construction Management
Institution
Contractor Construction Management
Contractor Construction Management
Questions and Answers Graded A+
What is required for a contractor to obtain a license?
Submission of a completed application, proof of experience, and passing a licensing exam.
What must contractors include in their written contracts?
Detailed scope o...
Contractor Construction Management
Questions and Answers Graded A+
What is required for a contractor to obtain a license?
✔✔ Submission of a completed application, proof of experience, and passing a licensing exam.
What must contractors include in their written contracts?
✔✔ Detailed scope of work, payment terms, and completion deadlines.
What is the purpose of a performance bond in construction projects?
✔✔ To ensure that the contractor completes the project according to the contract terms and
compensates for any financial losses if they fail to do so.
What is a lien waiver, and why is it important?
✔✔ A document signed by a subcontractor or supplier confirming that they have been paid and
relinquishing any right to file a lien against the property.
How long is the statute of limitations for filing a construction defect claim?
✔✔ Six years from the date the defect was discovered or should have been discovered.
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,What are the requirements for renewing a contractor's license?
✔✔ Completion of continuing education and payment of renewal fees.
What is the role of the Contractors Board?
✔✔ To regulate and oversee the licensing and conduct of contractors, ensuring compliance with
state laws and standards.
What is a "Notice of Completion," and when must it be filed?
✔✔ A document filed by the property owner or contractor upon project completion, which starts
the timeline for filing any claims or liens.
What are the consequences for a contractor who fails to comply with licensing requirements?
✔✔ Fines, penalties, or suspension/revocation of their contractor's license.
What is required for a contractor to prove financial responsibility?
✔✔ Providing financial statements, proof of bonding, and demonstrating adequate insurance
coverage.
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, What information must be included in a contractor's license application?
✔✔ Personal identification, business information, proof of experience, and any required
financial statements.
What is the role of a contract in managing construction disputes?
✔✔ It serves as a legal reference for resolving disputes by outlining agreed-upon terms and
conditions.
What does a contractor need to do before starting a construction project?
✔✔ Obtain all necessary permits and approvals, and ensure that contracts and insurance are in
place.
What is the purpose of a "change order" in a construction project?
✔✔ To document any changes to the original scope of work, including adjustments to cost and
schedule.
How can a contractor demonstrate compliance with safety regulations?
✔✔ By implementing safety protocols, training workers, and maintaining proper safety
equipment on site.
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