Contractor's Possession of Site

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

• 5%

• 10%

• 15%

• 20%

What types of insurance are required before entering the site?

• Third party liability insurance

• Workmen compensation

• Insurance of Work

• All of the above

What is the duration given to the Contractor to prepare after receiving the Letter of Acceptance?

• 1 week

• 2 weeks

• 3 weeks

• 4 weeks

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.

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.

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.

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.

What is the date of completion for Part A?

• 3rd April 2020

• 10th May 2020

• 1st June 2020

• 15th July 2020

What is the date of completion for Part B?

• 3rd April 2020

• 10th May 2020

• 1st June 2020

• 15th July 2020

What action should the Contractor take if they believe the delay is unjustified?

• Submit a formal complaint to the S.O.

• Continue working without addressing the issue.

• Request a meeting with the project manager.

• File for arbitration immediately.