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NEW QUESTION # 80
Why might a Public Sector Organisation use a PPP style of contract to build a new police station? Select ALL that apply.
Answer: A,C
Explanation:
PPP contracts are used when budgets are tight and to monetise under-performing assets. They are not mandated by law nor do they inherently ensure high quality or less administration.
NEW QUESTION # 81
The Royal Institute of Chartered Surveyors and the Royal Institute of British Architects are two founding members of which organisation that creates contracts for the construction industry?
Answer: A
Explanation:
The Joint Contracts Tribunal (JCT) is the organisation with these founding members.
NEW QUESTION # 82
Which of the following is true about Engineering, Procurement, and Construction (EPC) Contracts? (Select all that apply.) EPC contracts, commonly referred to as Turnkey Projects, are widely used in construction and infrastructure projects. These contracts require the contractor to design, procure materials, and construct the project to deliver a complete and operational facility to the client.
Answer Options:
Answer: A,B,D
Explanation:
The correct answers are 1, 3, and 4 (p.8). Option 2 is incorrect as it describes a DBO (Design-Build-Operate) contract rather than an EPC contract. Option 5 is incorrect because it describes a PPP (Public-Private Partnership) contract, not an EPC contract. [P.8]
NEW QUESTION # 83
Joanne is preparing a contract for the construction of a large shopping center.
The project includes 52 retail units, several restaurants, and a parking facility.
Joanne's company has contracted Construct Ltd under a Turnkey project.
She is using a Gantt chart as a schedule in the contract.
Q: What type of payment mechanism is being used in this contract?
Answer Options:
Answer: B
Explanation:
The correct answer is Activity Schedule (p.60). A Gantt chart is a time-based project planning tool, typically used in Activity Schedule contracts, where payments are tied to the completion of specific tasks. Other payment methods, such as Fixed Lump Sum and Bill of Quantity, do not rely on this approach. [P.60]
NEW QUESTION # 84
Scenario (same as Question 16):
Which type of contract would be the most suitable for working with the new client?
Answer: D
Explanation:
The NEC contract is known for its flexibility and collaborative approach, matching the client's requirements.
NEW QUESTION # 85
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