CEE 3611 Study Guide - Midterm Guide: Shop Drawing, Double Taxation, General Partnership

• School: Temple University
• Department: Civil Engineering
• Course: CEE 3611
• Professor: Dr.

Document Summary

Completing a project in a timely and efficient manner on time and within the budget: list in sequential order the five major phases (not steps) of new project development. Bid to ensure that the lowest bidder if selected, will follow through the project as. Performance to ensure that the contractor completes the project and it complies with the. Payment to ensure that in case of defaulting by the contractor, the unpaid charges are. Disputes associated with uncompleted work: name three items that affect bonding capacity, describe the procedures/events to be followed for the receiving and opening of bids to start of construction. (note: give five major steps) Partnership - two or more principle make a partnership. No limitation of liability, expect for limited partnership. Firm is terminated if a principal dies, unless other was specified in the. Small number of principal or public (stockholders) form the ownership.