Shared Flashcard Set

Details

NCIDQ Construction and FF&E Contracts
Chapter 22 Ballast - Construction and FF&E Contracts
32
Art/Design
Professional
08/02/2010

Additional Art/Design Flashcards

 


 

Cards

Term
Contract documents or CD's consist of:
Definition
owner contractor (or vendor) agreement
supplementary conditions of the contract
drawings, specs and addenda
any other docs
modifications issued after execution of the contract
Term
what is a modification
Definition
change order - written amendment to the contract signed by both parties - a written interpretation issued by the ID or a written order by a minor chg in the work
Term
what are the general conditions of the contract
Definition
major provisions of the contractual agreements between the owner and the construction contractor or FF&E vendor and the documents that set forth are known as the Genrl cond of the contract
Term
what do FF&E contracts cover
Definition
they typically cover only movable items such as furniture, appliances, rugs, lamps and accessories
Term
construction contracts are governed by what law
Definition
common law
Term
ff&e contracts are governed by what law
Definition
statutory law that regulates the sale of goods
Term
what provisions are common to all contracts
Definition
description of the work
the time of commencement
substantial completion
the contract sum
Term
why is the date of commencement important
Definition
because tis is the date that construction completion time is measured
Term
what are liquidated damages
Definition
are moneys paid by the contractor to the owner for every day the project is late
Term
what is substantial completion
Definition
the stage in the progress of the work when the work or a designated portion thereof is sufficiently complete according to the contract documents so the owner can occupy or utilize the site, though a few minor items may remain to be completed or corrected
Term
what does ucc mean
Definition
uniform commercial code - written to provide consisten rules for commerce in the US. establishes regulations for the buying and selling, along with other types of transactions of goods that are defined as tangible and movable items. it covers such things such as sales contracts, product liability, warranties, ownership (title) and risk.
Term
what is the icc
Definition
international code council
Term
what is one of the most important parts of the cd's?
Definition
the general conditions of the contract for FF&E
Term
what are liquidated damages
Definition
moneys paid by the contractor to the owner for every day the project is late
Term
how are vendors paid
Definition
they submit to the owner the quotation schedule with an itemized application for payment along with any supporting data, such as copies of bills of lading or requisitions from sub-vendors
Term
what protects the owner from incomplete or defective work
Definition
retainage - which is when the owner holds back a percentage - normally 10% from each payment until final completion of the work
Term
what is A175 ID
Definition
standard form of agreement between owner and vendor for FF&E where the basis of payment is a stipulated sum
Term
from what date is the construction completion time measured
Definition
date of commencement
Term
what is not included in the cd's?
Definition
bidding documents
Term
what are 5 responsibilities of the owner
Definition
-areas on the project premises that the vendor can use to do the work
- access to the premises
- space for the recpt, inspection, and staging for materials & furnishings
Term
name 5 responsibilities of the vendor
Definition
- ordering
- delivering
- installing
- warehouses goods between time delivered and installed
- vendor must visit the project site and review the cd's to become familiar w/conditions
Term
who has responsibility of furniture & fixtures until owner accepts
Definition
vendor
Term
who is responsible for delivery of FF&E
Definition
vendor
Term
who conducts/acceptance/inspection of FF&E
Definition
owner with assistance of interior designer
Term
what is demurrage
Definition
detention of a ship in port by the ships owner or of a railroad car or truck by its owner beyond the time normally allowed or agreed upon
Term
6 duties of interior designer
Definition
- acts as the owner's representative - advises and consults
-visits the project to determine if it is proceeding according to CD's
-conducts final inspection to determine the dates of substantial completion and final completion and issues a final certificate for payment
- prepares change orders
- reviews shop drawings & other submittals for the limited purpose of cking for conformance w/design concept expressed in the cd's
-NOTE: the ID can recommend that the owner reject work - but the ID cannot do that - the ID DOES have the authority to require special inspections or testing of work - DOES NOT have authority to stop work or terminate the contract
Term
what can contractor ask of owner at any time?
Definition
??
Term
what must contract do if he notices variances in building codes, ordinances or other regulations and who must he contact
Definition
although it is NOT the contractor's responsibility to ensure that the plans are to code - if he does notice something is incorrect, he MUST notify the interior designer in writing. If he does not and continues work, he will be responsible financially for fixing the work done not to code
Term
what does indemnify mean
Definition
is to secure against loss or damage - most times this clause is to protect the owner and ID against situations where a person is injured due to the negligence of the contractor or the contractor's agents
Term
who is responsible for onsite safety
Definition
contractor
Term
what must be issued for changes made in the work after execution of the contract
Definition
change order - based on a written agreement among the owner, contractor, and ID concerning the extent of the change, its cost and schedule implications
Term
who is responsible for the uncovering and correction of work
Definition
contractor - if it is in the CD's that state that the ID is to observe portions of work before it is covered or enclosed - if it is done w/out ID seeing it, contractor is solely responsible for uncovering and fixing any work not done to spec's - HOWEVER - if nothing is included in the CD's - the ID may ask that it be uncovered, but the owner will bear the cost
Supporting users have an ad free experience!