T or F The Owner's level of risk, as well as their level of control, is highest on aDesign-Bid-Build (Separate contracts) project.T or F Both Fixed Price and Cost Reimbursement contracts may be issued withIncentive clausesT or F Cost Reimbursement contracts are favored over Fixed Price contracts when thescope is indeterminate, the risk is high and/or availability of resources is uncertainT or F Design-Build is known as “Traditional" contractingT or F Privately financed contracts account for 70 – 80% of total construction volume.

Answered: T or F The Owner's level of risk, as…

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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T or F The Owner's level of risk, as well as their level of control, is highest on a
Design-Bid-Build (Separate contracts) project.
T or F Both Fixed Price and Cost Reimbursement contracts may be issued with
Incentive clauses
T or F Cost Reimbursement contracts are favored over Fixed Price contracts when the
scope is indeterminate, the risk is high and/or availability of resources is uncertain
T or F Design-Build is known as “Traditional" contracting
T or F Privately financed contracts account for 70 – 80% of total construction volume.

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a) The oldest and most popular construction management approach is design-bid-build. On projects involving design-bid-build, the owner enters into separate agreements with such an architect as well as a contractor. The owner requests quotations from contractors to undertake the project after the designer finalizes the layout papers.

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