A marking made by carpenters when cutting to indicate where a blade should cut as shown.
What is a crow's foot?
One day, a representative from the client’s team visits the site to inspect progress. As they walk through the site, they step on a patch of wet concrete that was not properly marked with warning signs or barricaded. The representative slips, falls, and sustains a serious injury, including a broken leg and a concussion. What insurance is this covered under?
What is GENERAL LIABILITY?
The injured party was not an employee of the general contractor or any subcontractor; they were a third party visiting the site. General liability insurance typically covers bodily injury and property damage claims made by third parties. Since the GC was responsible for ensuring the safety of all visitors on the job site, the claim would likely fall under the general liability coverage.
Medical Pavilion's yearly WIP goal for 2024
What is $61.4M?
E/R
What is Engineering Over Revenue?
What is the Core 4?
Schedule, safety, budget, quality
A specialized cut or notch in the bottom of a rafter allowing it to sit flatly and securely on a wall top plate; allows the rafter to have a better grip and alignment.
What is a Bird's Mouth?
One evening, after workers have left the site, a fire breaks out due to an electrical fault in the temporary wiring. The fire quickly spreads, causing significant damage to the framing, drywall, and electrical systems in the building. The fire department is called and extinguishes the fire, but not before a substantial portion of the structure is damaged.
What is BUILDERS RISK!
Builder’s risk insurance is specifically designed to cover the property under construction and materials on-site that are intended for the project. In this scenario, the fire caused direct physical damage to the structure and materials, making it a valid builder’s risk claim. The policy would cover the costs to repair and replace the damaged parts of the project, ensuring that construction can continue.
True or FALSE: If you are doing a PCO transfer from a hold line you do not transfer money out of the cost side, only the budget
TRUE
EOR
What is Engineer of Record?
Turner's first project in 1902
What is a concrete vault for a thrift bank? The contract had a value of $687 (which is $25,097.47 today!)
The meaning of a hickey bar
What is a tool used to bend rebar or conduit?
An architectural firm is hired to design a new multi-story residential building. The design is completed, approved by the client, and construction begins. The general contractor follows the architectural plans precisely during the construction phase.As the project nears completion, a structural engineer hired by the client to perform a final inspection discovers a critical error in the design. The load-bearing columns were incorrectly specified in the architectural plans, leading to insufficient support for the building's upper floors. This mistake has caused the structure to be at risk of significant damage or even collapse under certain conditions.
What is PROFESSIONAL LIABILITY!
Professional liability insurance (also known as errors and omissions insurance) covers claims arising from mistakes, negligence, or failures in the professional services provided. In this case, the architectural firm made a critical error in the design that led to substantial financial losses and potential safety risks. Since the issue arose from the professional services (design) provided, the claim would fall under professional liability coverage
The 4 outputs generated on a color chart by the RACS tool
What are schedule, overall WIP, overall manpower, and trade WIP/manpower?
The output is a color chart which shows the following:
1) Schedule ‑ the trade by trade schedule appears as bars with progress depicted by a darkened section.
2) Overall work in place ‑ a curve which depicts actual and project work in place based on manpower productivity and indicated cost is plotted. The curve begins a zero and progresses until the total anticipated work in place is achieved. This information is also given in tabular form, both monthly and cumulatively.
3) Overall manpower ‑ a curve showing the actual and projected average monthly manpower is plotted. This curve also begins at zero and follows the manpower flow of the project until it eventually dwindles toward zero as the project nears completion. This information is also given in tabular form, both monthly and cumulatively, as well.
4) Trade work in place and manpower ‑ Each schedule bar is accompanied by monthly actual and anticipated work in place and manpower figures.
ASTM
What is the American Society for Testing and Materials?
The year that Florida WIP is tracking to recover from the 2020 pandemic
What is 2025?
The purpose of a slab bolster
What is to keep rebar/mesh at the correct elevation while pouring concrete?
A subcontractor is awarded a contract to build a new school. it becomes evident that the contractor is unable to meet the project's specifications. The quality of work is substandard, and the contractor fails to adhere to the project schedule, causing significant delays. the sub runs into financial trouble and abandons the project entirely, leaving the school unfinished. The project owner /GC is now faced with a partially completed building and no contractor to finish the work.
What is Payment & Performance bond?
The project owner or GC files a claim against the performance bond, which was required as part of the contractor’s agreement. The performance bond ensures that the project will be completed according to the contract terms, even if the original contractor fails to do so. The surety company that has issued the bond steps in to fulfill the bonds obligation by hiring a new contractor and or providing financial support
CFMF and what it's used for
Cold-formed Metal Framing: a construction material used in buildings for its strength and stability. It is a cost-effective alternative to reinforced concrete or structural steel for mid-rise construction projects
RACS
What is Resource Allocation Control System?
True or False: If a COR is submitted to the client we do an internal PCCO to close out the budget side
FALSE
The meaning of a plate dog
What is a slang term for a clamp made for lifting and moving heavy objects, such as steel plates?
Turner is managing the construction of the bayfront hospital. Turner hires Blume a subcontractor responsible for the installation of the HVAC systems. Midway through the project, the HVAC subcontractor begins experiencing financial difficulties due to mismanagement of funds on another project. They start missing deadlines, and their work quality declines. Eventually, the subcontractor declares bankruptcy and abandons the job, leaving the HVAC systems incomplete and improperly installed.
What is SUBGUARD insurance?
The general contractor, who has purchased Subguard insurance, files a claim with their insurance provider. The policy covers the costs associated with the subcontractor’s default, allowing the GC to mitigate the financial impact and project delays.
The meaning of a louver
What is each of a set of angled slats or flat strips fixed or hung at regular intervals in a door, shutter, or screen to allow air or light to pass through?
What is GSR vs. WIP?
Gross Sales Revenue vs. Work In Place (How much we sell vs. how much we install)
True or False: If you commit cost to a subcontractor and do not do a PCCO then it will show up on the at risk report
TRUE