What is the value of the performance bond as a percentage of the total Contract Sum?

Contractor's Possession of Site

Quiz
•
Other
•
University
•
Hard
Muhammad Nasrol Jamal
FREE Resource
40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5%
10%
15%
20%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What types of insurance are required before entering the site?
Third party liability insurance
Workmen compensation
Insurance of Work
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the duration given to the Contractor to prepare after receiving the Letter of Acceptance?
1 week
2 weeks
3 weeks
4 weeks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the event that the giving of the possession of the whole Site is delayed beyond ninety (90) days of the 'Date for Possession' stated in the Letter of Acceptance, what must the S.O. do?
Give written notice to the Contractor of the causes of such delay.
Allow the Contractor to claim for loss and damage.
Terminate the contract immediately.
Proceed with the works regardless of the delay.
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What options does the Contractor have upon receiving the written notice of delay?
Agree to proceed with the Works.
Terminate the contract.
Request for an extension of time.
Claim for loss and damage.
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What happens if the giving of possession of any section or part of the Site is delayed beyond ninety (90) days?
The Contractor must inform the S.O. in writing.
The Contractor can claim for any loss and/or expenses.
The S.O. must send a written notice to the Contractor.
The contract is automatically terminated.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What must the notice from the S.O. include when the possession is delayed?
Reasons for the delay.
A new date for possession.
Compensation details.
A request for the Contractor's decision.
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