This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Who benefits from an indemnity clause in a construction contract and how do they benefit? What ... (Read 85 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jul 26, 2018
Who benefits from an indemnity clause in a construction contract and how do they benefit?
 
  What will be an ideal response?

Question 2

A manager who is bidding out a contract receives a total price for all the work that is to be done. To assure that the price is accurate and represent the best dollar amount the manager may ask for a ___________________ ___ of the individual items that make up the contract.
 
  A. cost breakdown
  B. list of approved equals
  C. list of bid specifications
  D. Both A and B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 26, 2018
Answer to Question 1

The one who benefits from indemnity clauses in a construction contract are owners because it is an attempt to protect owners from open-ended liability by indemnifying and holding harmless the owner against any acts or actions of the contractor that result in losses, injuries, or deaths.

Answer to Question 2

A


serike

  • Member
  • Posts: 542
Reply 2 on: Jul 26, 2018
Great answer, keep it coming :)

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Box stalls in a barn or stable should be of sturdy construction and cleaned daily Box stalls in a barn or stable should be of sturdy construction and cleaned daily
A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there
Summary of Coordination of Benefit Rules Summary of Coordination of Benefit Rules
Expected Benefits for ICD-10-CM Expected Benefits for ICD-10-CM
Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
Fiber Has Many Health Benefits Fiber Has Many Health Benefits
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library