Which of the following item is CORRECT?
A. During contract auditing, if a provision “A/E’s decision is binding”, GC should agree with this provision since any problem can be resolved through amicable settlement.
B. In a construction contract, the governing law can be other than host-country law.
C. Understanding the governing law is less significant since the owner can always negotiate with GC.
D. The multi-tier dispute resolution provision aims at addressing various approaches that help the parties settle their disputes.
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Which item(s) is / are CORRECT?
A. The purpose of change clauses is to limit the owner’s right to change the contract unilaterally.
B. Change Clauses establish the contractor’s right to be paid and their duty to be performed in the variation situation.
C. Most of the changes do not involve extra cost and time.
Which of the following item is INCORRECT?
A. Differing site conditions can be referred as “concealed conditions.”
B. If“ the furnished geotechnical report is NOT part of the contract documents "is shown in the bidding documents, the GCs should be aware that they could probably bear geotechnical risks.
C. The information in reports of physical site conditions can be used to determine the quotes in bids.
D. For grassroots projects, DSC condition provisions are not important at all.
Which of the following item is very unlikely to be classified as “Force Majeure (FM)”?
A. Civil war in Libya
B. Coordination of subcontractors
C. Earth quake in Taiwan
D. Typhoon in Guangdong
Which of the following item is CORRECT about termination?
A. Convenience termination provisions address the defaults of GC.
B. Default termination provisions refer to the owner’s termination without disclosing reasons.
C. The owner can involve the third party to complete the work if the original contract is terminated.
D. Provisions dealing with payment result from termination is not critical because GC and the owner can always bargain.
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