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DBIA PRINCIPLES OF DESIGN BUILD AND POST AWARD & CONTRACTS QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED BY AN EXPERT A+ GRADED (LATEST UPDATE)$11.99
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K
C
LO
DBIA PRINCIPLES OF DESIGN
YC
BUILD AND POST AWARD &
D
CONTRACTS QUESTIONS
U
WITH CORRECT ANSWERS
ST
ALL VERIFIED BY AN EXPERT
A+ GRADED (LATEST UPDATE)
, Miller Act 1935 - ANS Federal Government passed bond requiring payment and performance
bonds on all public works, what year?
Brooks Bill 1972 - ANS Bill directing A/E's selected on qualifications, what year?
Clinger Cohen Act/Defense Procurement Reform Act 1996 - ANS Allows all federal agencies to
utilize Design-Build. Prior to that no enabling legislation existed allowing Design-Build.
Standard of Care - ANS The level of quality that any average Design Professional would be
able to perform given the circumstances.
K
Design Bid Build - ANS Slowest Project Delivery method, linear in nature, prescriptive (owner
knows what they want),
C
Multi Prime - ANS Project Delivery - Many contracts through Owner
LO
CM at Risk - ANS Project Delivery method allowing the contractor to come on board very early
in design for preconstruction services yet maintains separation between Designer and Builder
contractually.
Design Build - ANS Fastest Project Delivery method, fast tracking possible overlapping design
YC
with construction utilizing incremental packages.
Low Bid - ANS Procurement Method - Most Familiar
Negotiated (Qualifications Based) - ANS Procurement Method - Common for A/E
D
Best Value - ANS Procurement Method - Qualifications and Price
Sole Source - ANS Procurement Method - Direct
U
Lump Sum - ANS Contract Format w/ agreed upon fixed price
ST
Cost Plus Fee - ANS Contract Format - contractor reimbursed for actual cost plus an agreed
upon percentage
GMP (Guaranteed Maximum Price) - ANS Contract Format - Combines Cost-Plus &
Lump-Sum, contractor reimbursed for actual cost plus a fee only up to a certain amount.
Unit Price - ANS Contract Format - cost per piece
Target Price - ANS Contract Format - established cost/benchmark determined jointly by project
team.
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