Define or explain the following terms:
a) Safety Data Sheets
b) Front loading payments
c) Completed operations liability insurance
d) Consequential damages
e) Impact claims
Per consensus doc 200, if the owner paid the contractor, and the contractor fails to remove liens filed within 30 days, what can the owner do?
a) Initiate legal action against the contractor
b) Request a refund from the contractor
c) File a lien against the contractor's property
d) Terminate the contract with the contractor
Per consensus doc 200, which party is responsible for preparing the certificate of substantial completion?
a) Owner
b) Contractor
c) Architect
d) Subcontractor
What are the differences between shop drawings and as-built drawings? (Explain both)
a) Shop drawings are initial designs created by contractors, while as-built drawings depict the final construction as it was actually built.
b) Shop drawings show how a product will be manufactured or constructed, while as-built drawings document the final product or structure as it exists in reality.