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CSMT 442
Contracts, Bonds, Insurance, and
Specifications
Lecture 2
Construction contract
two or more people in a construction
venture
language and include:
(Specifications, drawings,..)
2
3. breach (e.g., poor work or late completion).
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Agreement Provisions
ortion agreed upon in each payment
application or contract price (usually 5-
10%) that is withheld until the work is
substantially complete to assure that
contractor or subcontractor will satisfy its
obligations and complete a construction
project as laid out in the contract.
Agreement Provisions
5. the construction of various portions of a
project.
tely for:
-conditioning
10
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11
Types of Agreements
6. documents and specifies a fixed price
(direct costs, indirect costs, overhead, and
profit) to finish the project.
-price agreement
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13
Types of Agreements
-plus-fee
must begin before the drawings and spec.
are completed) and high quality have a
higher priority than the desire for the
lowest possible price.
Paid for actual construction cost
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Bonds
conditions and obligations relating to the
agreement. Under the terms of the bond, the
owner is compensated for actual damages
sustained from any default of the contractor.
Bonds
should enter a contract. If they fail to do so, the bidder
must pay the owner the difference between his/her bid
and the next lowest bid that the owner accepts and
8. enters into a contract with. If this bidder does not pay the
owner, the surety issuing the bond will pay the owner up
to the amount of the bid bond. Then the surety will seek
repayment of this amount from the bidder who failed to
enter into the contract.
nd does not prevent
the bidder from withdrawing their bid before
acceptance.
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Bonds
within the time specified, the contractor will enter
into the contract and provide all other specified
bonds.
free or for a small amount service charge of from
$25 to $100.
project
9. Bid shopping and bid rigging
subcontractor and sharing the number with another
interested subcontractor or vendor in order to get a
lower price from this second subcontrac tor or vendor.
by most in the construction industry to be unethical.
control the distribution of work among themselves by
sharing their pricing and choosing among themselves
who will bid the lowest number.
state laws is considered illegal.
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Bid depositories
established by
associations of contractors, subcontractors and
suppliers.
deposited by bidding subcontractors, according
10. to a set of rules established by the depository
founders, for registration and subsequent
transmittal to specific bidding general
contractors according to a timetable for each
project related to the time and date for the
latest submission of general contractor bids to
the owner.
Bid depositories
are:
-bids are deposited by a specified
time and date to allow bidding general contractors
time to review, analyze and select sub-bids prior to
submission of the general bids.
-bids are registered and
recorded by officials of the depository in the
names of the sub-bidders and of the general
bidders to who sub-bids will be sent.
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Bonds
the work in accordance with the contract
11. documents
out in the amount of 100% of the contract
price.
of work being bid on (0.6-2.5%)
Bonds
bond)
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Bonds
subcontractor to general contractor
12. capacity
Insurance
insurance required by the contract.
The insurances normally required by
the contracts are:
Compensation
24
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Insurance
contractor:
25
13. Project Manual or Specification
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Project Manual
document(s) that accompany the plans
specifications
al
CSI
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Contents of Project Manual
bidders)
bidders
(bid)
INVITATION TO BID
Notice is hereby given that bids will be received by Centex
Rooney Construction Co., Inc.
(Lic. No. CG C10034) at 2:00 p.m. on Tuesday, November 13,
2001 at Centex Rooney’s
Jacksonville office at 4651 Salisbury Road, Suite 193,
Jacksonville, Florida 32256, Ph.
16. (904) 281-0120, Fax (904) 281-0747. The bids are for Site and
Site Utilities Construction
Documents Package for the University of Florida’s Project BR-
191, M.E. Rinker, Sr. Hall,
located in Gainesville, Florida. Refer to the “Instructions To
Bidders” and the Project
Manual for additional information on the Bidding Process. The
following Contract
Documents will be available on Monday, October 29, 2001 at
Centex Rooney’s
Jacksonville office at 4651 Salisbury Road, Suite 193,
Jacksonville, Florida, Ph. (904) 281-
0120, Fax (904) 281-0747 :
No. Bid Package Description
1 Demolition/Earthwork/Site Utilities/Paving
2 Site Mechanical
3 Site Electrical
All work shall be in strict accordance with the Contract
Documents. Drawings,
Specifications, Instructions to Bidders, and other Contract
Documents may be reviewed at
Centex Rooney’s Jacksonville office.
17. A Pre-Bid Conference will be held at the time and location
indicated in the Instructions to
Bidders. 32
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Contents of Project Manual
all bidders
es:
34
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18. 35
Contents of Project Manual
act
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37
Contents of Project Manual
responsibilities of all parties.
project
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39
Contents of Project Manual
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Contents of Project Manual
equipment , construction systems, and
their fabrication, quality, workmanship,
and/or installation details.
20. - General Requirements
– Existing Conditions
- Concrete
Contents of Project Manual
materials of construction.
spend money on.
combination of:
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43
Contents of Project Manual
the contract documents after they
have been released and prior to the bid
of the addenda (addendum)
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45
Errors in the Specifications
attention of the architect or engineer
specifications should be submitted to
the architect or engineer so that the
clarification can be sent to all bidders
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Contract Drawings
protection
47
ENGLISH 214 Semester 202 Theme
starting points with possible links to majors
Theme: European Union
The European Union
The European Union (EU) is a political and economic union
of 27 member states that are located primarily in Europe. Its
members have a combined area of approximarely
4,000,000 km2 and an estimated total population of about 380
million. EU policies aim to ensure the free movement of people,
goods, services and capital within the internal market; enact
legislation in justice and home affairs; and maintain common
23. policies on trade, agriculture, fisheries and regional
development. Passport controls have been abolished for travel
within the borders of the EU countries, commonly referred to as
the Schengen Area. A monetary union was established in 1999,
coming into full force in 2002, and is composed of 19 EU
member states which use the euro currency. The EU countries
are: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus,
Czech Republic, Denmark, Estonia, Finland, France, Germany,
Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg,
Malta, Netherlands, Poland, Portugal, Romania, Slovakia,
Slovenia, Spain and Sweden.
Note: Following Brexit the United Kingdom is no longer part of
the European Union.
General areas of research
· Communications
· Food and water security
· Politics & populism
· Environmental concerns
· Pandemics
· Infrastructure
· Multi-national corporations
· Education
· Entertainment & games
· Manufacturing
· European finance
· Travel
· Media
· National differences
· Euro brands & marketing
· European supply chains
· Governance
· Aerospace
· Poverty & inequality
· The EU currency
24. Springboards for Research: The main majors
Civil Engineering (CE/ACE)
Urban flood management
Wastewater engineering
Water engineering
Water purification
Water recycling
Water supply & distribution
Water wells
Agricultural machinery
Airport construction
Bridges
Earthquake technology
Environmental engineering
Geotechnical engineering
Highway construction
Hydrology
Irrigation engineering
Reinforced concrete
Road safety
Road networks
Sanitary engineering
Urban planning and design
Traffic engineering
Transportation engineering
Urban engineering
25. Springboards for Research: Other majors
ENGLISH 214 Semester
202
Theme s
tar
t
ing points with possible links to majors
Theme: European Union
Page
1
of
1
The European Union
26. The
European Union
(
EU
) is a political and economic union of
2
7
member states
that are located primarily in Europe.
Its members have a combined area of
approx
imarely
4,000,000
km
2
and an estimat
ed t
otal population of about 380
million.
EU policies aim to ensure the free move
ment of people, goods, services and
capital within the internal market;
enact legislation in justice and home affairs; and maintain
common policies
28. The
E
U
countries are: Austria,
Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech
Republic, Denmark, Estonia,
Finlan
d
, France, Germany, Greece, Hungary, Ireland, Italy, Latvia,
Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal,
Romania, Slovakia, Slovenia, Spain and Sweden
.
Note: Following Brexit the United K
ingdom is no longer
part of the European Union.
·
Communication
s
·
Food and water security
·
Politics & populism
·
31. &
in
equality
·
The EU currency
ENGLISH 214 Semester 202 Theme
starting points with possible links to majors
Theme: European Union
Page 1 of 1
The European Union
The European Union (EU) is a political and economic union of
27 member states that are located primarily in Europe. Its
members have a combined area of
approximarely 4,000,000 km
2
and an estimated total population of about 380 million. EU
policies aim to ensure the free movement of people, goods,
services and
capital within the internal market; enact legislation in justice
and home affairs; and maintain common policies on trade,
agriculture, fisheries and regional
development. Passport controls have been abolished for travel
within the borders of the EU countries, commonly referred to as
the Schengen Area.
A monetary
union was established in 1999, coming into full force in 2002,
and is composed of 19 EU member states which use the euro
32. currency. The EU countries are: Austria,
Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech
Republic, Denmark, Estonia, Finland, France, Germany, Greece,
Hungary, Ireland, Italy, Latvia,
Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal,
Romania, Slovakia, Slovenia, Spain and Sweden.
Note: Following Brexit the United Kingdom is no longer part of
the European Union.
-
Education
European supply chains
currency
Main Writing Task:
Final Report
Putting it all together
1750 words
15%
ENGL 102
33. Aims:
To look at the organization of the final report
ENGL 102
Outline
Introduction
Problems: causes
Problems: effects
Solution
s
Consequences
Conclusion
Cover Page
Outline
ENGL 102
Introduction
Bibliography
34. 3
Session 1
Cover page
Title
Student info
Instructor info
Abstract
Date submitted + word count
Click to edit Master text styles
Second level
Third level
Fourth level
Fifth level
35. Writing an abstract
Abstracts are short statements that briefly summarize an article
or scholarly document. Abstracts are like the blurbs on the back
covers of novels. They entice someone to read further. With an
abstract, you have to prove why reading your work is
worthwhile.
Format:
a single paragraph
contain approx. 100 words.
36. Abstract tips:
Use your central thesis statement to open the abstract
Close with your summarizing statement.
The central sentences are best created by summarizing your
major theme for each section of the paper.
The end result should be clear and concise, yet give the scope of
your paper.
Outline/Table of Contents
3 – levels
Click to edit Master text styles
Second level
Third level
Fourth level
37. Fifth level
Main body
Use headings and sub headings throughout
Be consistent with the font style/ size
Label illustrations correctly
DO NOT use a large font. 10 to 12 should be fine for the main
text. Slightly larger for headings.
Bibliography
APA reference list
Ordered alphabetically
On a separate page
Font style should be consistent with the main report
38. Report submission
Check report with Turnitin ‘student check’
Word doc uploaded on Blackboard Sunday 12th July
Late penalty 10% per day late
Health Hazards on the African
Continent
39. This report discusses the use of Operation Research techniques
in production development. Some brief historical
background is given. Then, techniques involving linear
programming, facility location and work design are
described and exemplified. The principal advantages of
Operation Research techniques, together with several
examples of their main applications, are then discblah blah blah
discblah blah blah discblah blah blah discblah
blah blah discblah blah blah discblah blah blah discblah blah
blah discblah blah blah discblah blah blah discblah
blah blah discblah blah blah discblah blah blah discblah blah
blah discblah blah blah discblah blah blah discblah
blah blah discblah blah blah discblah blah blah discblah bla h
blah discblah blah blah discblah blah blah discblah
by
Hashboul Al-Amri
s200827480
ENGL214-72/16
Systems Engineering Department
King Fahd University of Petroleum and Minerals
Prepared for
40. Mr. Lance King
Academic and Professional Communica tion
December 21
st
2011
Word count: 1867
DESCRIPTIVE ABSTRACT
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Overhead and Contingencies
Lecture 4
2
41. Overhead and Contingencies
must be paid by the contractor. They are not
readily chargeable to one particular project.
directly to a particular branch of work, but are
required to construct the project.
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Home Office Overhead
54. pany
– lose work
– lose money
success of the company
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3
To Bid or Not To Bid
services, the contractor finds out what
projects are out for bid and then must decide
which projects to submit a proposal for.
Typically they are considering the following
factors:
56. de
Organization
to the extent that in unforeseen
circumstances, someone else may step in,
complete the estimate, and submit a proposal
on the project.
a plan for completion of the estimate
-to-date files
systematically done, neat, clear, and easy to
60. The Estimating Process - 1
gins after the
firm has decided to bid a particular
project.
wall sections to see what materials are being used
14
The Estimating Process - 2
61. people who would
most likely hold the key supervisory positions
if you get the job
documents and attach the scope of work
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Site Investigation (Visit)
ities
64. insurance and bond companies
18
The Estimating Process - 4
sheets to the summary sheet
over the figures with you)
overhead, and contingency
fit
you have received all addenda
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19
Ethics of Estimating
or behavior governing an individual or
group.
and
sincerely.
20
Bid Shopping
Sub’s low bid as a tool in the solicitation
of lower bids from other subcontractors
of the same trade.
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21
Bid Beating
a
“most favored sub” the opportunity to
beat a previously submitted low bid.
22
AGC Code of Ethical Conduct
be made known to another before the
award of subcontract, nor should the
contractor to secure a lower proposal
from another bidder use the figures of
one competitor.
70. another
Common Error to Check For
a spreadsheet and not
including it in the sum
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31
71. Errors and Omissions:
over drawings
drawings take precedence over scaled
measurements from drawings
checked with the A/E office.
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CSMT 442
Lecture 1
Introduction to Estimating 2
72. What is Estimating in
Construction
construction costs for a project
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73. Profit Margin
rovides the general contractor an
acceptable rate of return and
compensation for the risk associated
with the project
Types of Estimates
everything required for the project, including:
rials
77. the building might include:
e mesh?
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Types of Estimates
proposed project to a similar project
comparison project and the project being
estimated
Estimating Opportunities
84. Sources of Information
Cost and Estimating 2
Homework 1 (20 points)
1. Explain what a subcontractor is and the subcontractor’s
relationship with the owner and the
general contractor.
(3 points)
85. 2. One of the requirements of most contract documents is that
the contractor visits the site. Why
is the site investigation important?
(3 points)
3. Explain what an alternate is and how it is handled during the
bidding process? (2 points)
4. Why is it important that the estimator be certain that all
addenda have been received before
submitting a bid?
(2 points)
5. What are progress payments, and why are they important to
the contractor?
(2 points)
6. What is a bid bond, and how does it protect the owner?
(3 points)
7. What are performance bonds?
(2 points)
8. List and briefly define three types of agreements that may be
used for the owner’s payment to
the contractor.
