Irritating Insurance 📉🤬
Three conditions must be present before an architect can be proven negligent.
What are:
1. Legal duty has been established between the parties
2. The duty has been breached
3. The breach caused damage or injury
Equation for financial planning in a profit-oriented business
What is Profit + Expenses = Revenue
What does each numbering convention for the AIA B104 Contract stand for?
What are:
(B) Series: The Standard Form of Agreement Between Owner and Architect,
(1) Type of Contract: Prime and Standard Agreements.
(0/1/2) Delivery Model: Conventional Design-Bid-Build
other numbers reference like 3/4/5/6 reference construction management,design-build, interiors, & international
(4) Sequence number: multiple documents that fall under the same series, type & delivery model would be labeled accordingly
Requires that companies give an employee up to 12 weeks of unpaid leave for child, spousal, or parental care
Family and Medical Leave Act (FMLA)
1. Ethics can be defined as what to do, or guidelines based on moral principles, as standards of behavior expected of professionals.
2. Professionalism is the conduct, skills, or qualities that characterize how a person acts ethically. This implies honesty, courteous demeanor, quality of workmanship or service, and a reputation for excellence.
A. Both 1 and 2 are True
B. Both 1 and 2 are False
C. 1 is True, 2 is False
D. 1 is False, 2 is True
A. Both 1 & 2 are True
The two insurance minimums architects need, and what do they do?
What are Professional Liability & General Liability Insurance
Professional Liability or Errors and Omissions insurance (E&O): protects businesses and individuals against claims of negligence, errors, or omissions in the services they provide
General Liability Insurance: Covers claims of bodily injury, property damage resulting from your product, services, or operations.
Equals the time spent on direct labor / total time
What is the Utilization Rate
or
What is Chargeable Ratio
The A201 General Conditions Contract represents?
What are the Conditions and Scope of the Contractor to the Owner
Working under an AIA B101, an architect is hired by an owner to renovate an existing performing arts center. A design-bid-build delivery method will be used. The owner has contracts with an advising construction manager and a series of consultants who each coordinate their scope of work with the architect.
Instead of the agreed-upon 21 days, the owner's theatrical lighting consultant sends updated drawings to the architect for final coordination 14 days before completing the construction documents. The consultant's updated drawings show significantly more lighting equipment and materials than the previous coordination drawings. The start of bidding cannot be delayed.
What should the architecture firm do first after receiving the updated drawings?
A. Send the owner a request for compensation for additional coordination services.
A zoning code allows buildings to be no more than two stories. The architect has notified the owner, who planned a four-story building on that zoning property, that the city only allows two stories. Who is legally responsible?
a. Architect
b. Owner
B. Who is the Owner
The owner is responsible for the legality of the project, including changing zone codes or applying for a code variance to allow a four-story building.
What is "hold harmless," and what are the "hold harmless" clauses?
ex: Sub-Consultant will have a hold harmless clause stating the architect will hold harmless past the sub-consultant's scope
What are: One party agrees not to make the other party liable.
Broad form Complete protection
Intermediate form Partial protection
Limited form Protection only from negligence
Any type of tangible or intangible resource that can be measured in monetary terms, including current, fixed, and others
What are Assets
During the construction phase of the project under the AIA Contracts, the contractor encountered human remains. According to the AIA Document A201-2017, what is the next step the contractor should take to continue the work?
The contractor should immediately stop operations that would affect the remains and notify the owner and the architect about them.
An architect working on a project delivered through the design-build method conducts a site visit. The architect observes unsafe working conditions, noting that several construction workers are without hard hats.
How should the architect respond?
A. Immediately instruct the construction workers on the safety precautions that need to be taken.
B. Document the unsafe working conditions in a memo to the contractor that is also copied to the owner.
C. Document the unsafe working conditions in a memo to the owner that is also copied to the contractor.
D. Ask the contractor to review the safety precautions that need to be taken with the construction workers.
C. Document the unsafe working conditions in a memo to the owner that is also copied to the contractor.
A firm base that is known for having a deep knowledge in its field. (Passivhaus & Pritzker prize winners)
A. Efficiency
B. Entrepreneurial
C. Experience
D. Expertise
What is expertise
What is an expertise-based firm
(The firm has minimal to no junior staff and employs experts or seniors)
Label two different coverage gaps of insurance companies
What are:
1. Lapsed policies during firm transitions
2. Inadequate prior acts coverage
3. Missing endorsements for specific services
4. International work exclusions
5. Joint venture exposure
Revenue and expenses are recognized at the time they are earned or incurred, whether or not cash changes hands
What is Accrual Accounting
In order of complexity, label the B10x series of contracts up to B105:
B105,B104,B103/B101
This requires employers with 20 or more employees to continue group medical coverage if employment is terminated, hours are reduced, employment is changed, or in the event of death, divorce, or other significant life events
What is the "Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA)"
Which ADA Principles of Ethics item relates to treating our patients fairly, without prejudice or discrimination?
A. Patient autonomy
B. Non maleficence
C. Beneficence
D. Justice
E. Veracity
D. Justice
When an insurance company pays a claim, it then pursues the responsible party to recover the cost
What is Subrogation
Keeping track of money flowing into and out of the business is needed for day-to-day operations, banking, taxes, and auditing
What is General Ledger Accounting
What does the document B106 refer to?
What are pro-bono services?
When avoiding litigation, what are five important items (in this list) that architects should document?
1. Client communication & approvals
2. Avoidance of underinsurance & Insurable Contract Language
3. Design decision & changes
4. Field observation & reports
5. Project meeting minutes
6. Change Orders & justifications
7. Preventive Strategies & Record of Litigation
1. Client communication & approvals
3. Design decision & changes
4. Field observation & reports
5. Project meeting minutes
6. Change Orders & justifications
An architect is creating the work plan and schedule for a 3,200-square-foot tenant infill project. The project will have a documentation phase and a construction phase. The architect's fee is $20,000, and the project must be ready for permit in six weeks.
What schedule type should be used for this project?
A. Critical path method B. Milestone chart C. Fast-track schedule
B. Milestone Chart