The Construction ManagerArmstrong and Kotler's study guide with flashcards, better known as The Driver's Manual, is delivered in one compact binder. |
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Page 29
The bonding company will already have the data and will have furnished a bid bond , if so stated on the invitation . A bid bond , technically , is a guarantee that the contractor will furnish a performance bond but specifies a ...
The bonding company will already have the data and will have furnished a bid bond , if so stated on the invitation . A bid bond , technically , is a guarantee that the contractor will furnish a performance bond but specifies a ...
Page 118
4.20 Performance and Payment Bonds A bond , in construction usage , means a surety bond , or agreement of one party ( who is presumably rich ) to guarantee the financial ability of another party ( the contractor , presumably poor ) to ...
4.20 Performance and Payment Bonds A bond , in construction usage , means a surety bond , or agreement of one party ( who is presumably rich ) to guarantee the financial ability of another party ( the contractor , presumably poor ) to ...
Page 134
The roofing guarantee , which is paid for by the contractor , is in the form of a surety bond written upon the roof , not upon the roofing contractor . This bond does not ordinarily reimburse the owner for damages caused by water ...
The roofing guarantee , which is paid for by the contractor , is in the form of a surety bond written upon the roof , not upon the roofing contractor . This bond does not ordinarily reimburse the owner for damages caused by water ...
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Common terms and phrases
accept accordance accounting acts additional agreed agreement allow amount applicable approval arbitration Architect assume authority become bidder bond building cash cause charged claims clause completion considered construction contract contractor copy cost damages decision delay detailed determine direct Documents drawings employees engineer equipment errors estimate example expense Figure firm foreman furnish give Government important invoices labor less loss machine materials methods necessary needed obtained operations organization owner paid party payment payroll percent performance person plans possible practice profit project manager purchase reason received records reference reports representative responsible result rules schedule separate sheet shown specifications standard Subcontractor superintendent trade union unit unless usually written