CMPM 2 Flashcards

(24 cards)

1
Q

This also known as the project management plan

A

preconstruction coordination

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2
Q

reviews the general and special conditions to verify his/her obligations

A

contractor

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3
Q

key personnel

A

superintendent
office engineer
scheduler
cost engineer
secretary
home office personnel

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4
Q

legal documents required for construction in the ph

A
  1. Copy of Lot Title or Lot Plan
  2. Affidavit of Consent from Owner
  3. Tax Declaration
  4. Latest Tax Receipts
    1. Owner’s Building Permit and Applicants Community Tax Certificate (cedula)
  5. Special Power of Attorney (SPA)
  6. Lot Survey
  7. Soil Exploration
  8. Barangay Clearance
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5
Q

This is important because this will give you an assurance that you’re the true/legal owner of the lot. Also, It’s also significant to contractors because the lot title are also their basis on how they will create the Design/Plan for your Dream Home/Swimming Pool (eg. Schematic Design, House Perspective, Blue Prints etc.).

A

Copy of Lot Title or Lot Plan

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6
Q

If you’re not the legal owner of the lot you need to get the contract of sale or lease contract from the owner when he/she sold it to you and approach a legal person/Attorney in the Philippines so that the lot could transfer to your name and be the legal owner of the lot or you may try to connect with your Contractor they will help you with this kind of problem

A

Affidavit of Consent form Owner

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7
Q

The government of the Philippines would like to make sure that you’re paying taxes for your real property.

A

tax declarations

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8
Q

You should keep your tax receipts to prove that you’re paying tax for your real property.

A

Latest Tax Receipts

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9
Q

If the Building Permit Applicant does not stay here in the Philippines (common for our Foreigner Clients).

A

Special Power of Attorney (SPA)

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10
Q

Lot survey is FREE. why? Because you already paying the real estate tax and as a return surveying your land/lot by the government is free, it’s a government responsibility to survey you’re land in return of your payment for the real estate tax.

A

lot survey

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11
Q

or soil bore test if you’re going to put three floors and above.

A

soil exploration

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12
Q

It should be specific for Construction.

A

barangay clearance

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13
Q

BUILDING PERMIT REQUIREMENT

A
  1. Ownership of the lot property
  2. Application forms
  3. Five sets of complete detailed plan
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14
Q

a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.

A

insurance

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15
Q

PROTECT THE CONTRACTOR

A

INSURANCE

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16
Q

is a type of surety bond used
by investors in construction projects. Construction bonds are a type of surety bond that protects against disruptions or financial loss due to a contractor’s failure to complete a project or failure to meet contract specifications.

A

construction bond

17
Q

PROTECT THE CLIENT

18
Q

TYPES OF CONSTRUCTION INSURANCE

A
  1. ContractorAllRiskInsurance(CARI)
  2. CommercialandContractorGeneral Liability Insurance (CGL)
  3. CommercialAuto/TruckInsurance
  4. InlandMarineInsurance
  5. Contractor/ConsultantsLicense
  6. Consultant’sProfessionalIndemnity Insurance
  7. Worker’sCompensationInsurance
19
Q

TYPES OF CONSTRUCTION BONDS

A
  1. BidBond
  2. PerformanceBond
  3. SuretyBond/DownpaymentBond 4. RetentionBond/WarrantyBond
  4. WorkmanshipGuaranteeBond
20
Q

FACTORS THAT AFFECTS THE COST OF CONSTRUCTION INSURANCE

A
  1. SizeoftheProject
  2. Locationoftheproject
  3. CoverageLimitsandDeductibles 4. ExperienceoftheContractor
  4. CreditHistoryofthenameinsured
21
Q

contractors and commercial developers should consider how financially established their insurer is. In the case of a major catastrophe, the insurer could be placed under a large financial burden. Ideally, the insurer you choose is one of the more well-established companies with a strong financial outlook.

A

Financial strength

22
Q

policyholders will frequently need to interact with their insurance provider, including when a claim is filed, a policy is updated, or a question about the policy needs to be answered.

A

Customer service and reputation

23
Q

it is also important to make sure that the coverage offered by the policy is complete. Protection provided the by the policy should at least meet the minimum state and contractual requirements, and hopefully much more.

24
Q

is usually not going to be visible until you’ve shared many of your personal and project details with the insurer. So it’s worth finding multiple quotes before settling down with a provider.