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Author Question: What are bonds? What will be an ideal response? ... (Read 37 times)

tsand2

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on: Jul 26, 2018
What are bonds?
 
  What will be an ideal response?

Question 2

A resident project representative may permit the use of substitute materials if:
 
  A. he or she considers them equivalent.
   B. they cost the same price.
   C. there is a savings on the job by the substitution.
   D. they have been approved by the architect/engineer.
   E. if they are better than those originally specified.


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Juro

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

Bonds are written contracts that describe the legal obligations of the agreements that are formed between sureties and contractors. Bonds guarantee all of the provisions of construction contracts.

Answer to Question 2

D


tsand2

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Reply #2 on: Jul 26, 2018
Thanks


Juro

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


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