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1. Under the FIDIC Red, Yellow, and Silver Books (both editions), the Contractor has a contractual obligation to submit a Value Engineering Proposal. Such proposal shall be prepared at the cost of the Employer. Are both these statements true or false?
A) True
B) False
2. Which one of the following statements best describes the requirements of Time for Completion?
A) This is the Contractor ' s fundamental time-related obligation, namely the completion of most of the Works (except minor outstanding works), within the Time for Completion calculated from the Commencement Date.
B) This is the Contractor ' s fundamental time-related obligation, namely completion the whole of the Works within the Time for Completion calculated from the Commencement Date.
C) This is one of the Contractor ' s obligations, namely the completion of most of the Works (except minor outstanding works), within the Time for Completion calculated from the Effective Date.
D) This is one of the Contractor ' s obligations, namely the completion of most of the Works (except minor outstanding works), within the Time for Completion calculated from the Commencement Date.
3. (Which two statements are correct for the FIDIC Red Book (edition 2017)?
Choose all of the correct answers (multiple possibilities).)
A) Conditions of Contract means these General Conditions as amended by Particular Conditions.
B) Contract Agreement, Letter of Acceptance and Letter of Tender are part of the Contract.
C) Contract Data is part of General Conditions of Contract.
D) The Contract includes the General Conditions and Particular Conditions, and no other documentation.
4. Which two of the following statements are correct regarding the dayworks under FIDIC Red, Yellow, and Silver Books (both editions)?
Choose all of the correct answers (multiple possibilities).
A) If a Daywork Schedule is not included in the Contract, the Sub-Clause related to dayworks shall not apply.
B) The Engineer (or the Employer in case of FIDIC Silver Book) may instruct that " a Variation shall " be executed on a daywork basis.
C) The dayworks related Sub-Clause is only used for remeasurement in the FIDIC Red Book (both editions) only.
D) The dayworks related Sub-Clause is also applicable to other types of works.
5. The procurement process of a project executed based on any FIDIC Contract model is exactly the same in terms of definitions, time and steps, which makes it universal and more easy to use worldwide. Is this statement true or false?
A) True
B) False
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A,B | Question # 4 Answer: B,D | Question # 5 Answer: B |
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