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Author Question: Who benefits from an indemnity clause in a construction contract and how do they benefit? What ... (Read 78 times)

serike

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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


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angrybirds13579

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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

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Reply 2 on: Jul 26, 2018
Great answer, keep it coming :)

kalskdjl1212

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Reply 3 on: Yesterday
Wow, this really help

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