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Author Question: What is the primary concern of contractors when contract provisions address the issue of the ... (Read 84 times)

123654777

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on: Jul 26, 2018
What is the primary concern of contractors when contract provisions address the issue of the ownership of float?
 
  What will be an ideal response?

Question 2

_____________ carpet comes from recycles soft drink bottles.
 
  A. polyurethane (PUT)
  B. polyethylene terephthalate (PET)
  C. olefin
  D. nylon


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jaymee143

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Reply #1 on: Jul 26, 2018
Answer to Question 1

The primary concern of contractors is that they will want to know if the float is
owned by the contractor or by the owner. Contractors have their freedom of managing the
project greatly diminished if the owner owns any of the float. When the ownership of
float rests with the owner, owner delays and owner changes often do not include
compensation in the form of time extensions when only noncritical activities are
impacted. The consequences of such provisions can therefore be quite severe.

Answer to Question 2

B


123654777

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Reply #2 on: Jul 26, 2018
Thanks


jaymee143

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Reply #3 on: Jul 26, 2018
Welcome :)


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