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CAC Contract Administration Flashcards

6 cards from real CAC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 CAC Contract Administration flashcards as text
  1. What document formally establishes the relationship between an owner and a contractor?

    Answer: Construction contract

    A construction contract is the binding legal agreement that defines the scope, price, schedule, and obligations between the owner and contractor.

  2. Which AIA contract document is most commonly used for a stipulated sum agreement between owner and contractor?

    Answer: AIA A101

    AIA A101 is the standard form of agreement between owner and contractor for a stipulated (fixed) sum.

  3. A Change Order in construction contract administration is used to:

    Answer: Modify contract scope, price, or schedule with owner and contractor agreement

    A Change Order is a written agreement signed by the owner, architect, and contractor that modifies the contract's scope, cost, or time.

  4. What is a Contractor's Schedule of Values used for?

    Answer: Allocating contract value to work items for progress payment purposes

    A Schedule of Values breaks the contract sum into line items so that progress payments can be calculated proportionally as work is completed.

  5. Which document is submitted by the contractor to request periodic payment during construction?

    Answer: Application for Payment (AIA G702)

    AIA G702, the Application and Certificate for Payment, is submitted by the contractor and certified by the architect to authorize owner payments.

  6. Retainage in a construction contract refers to:

    Answer: A percentage of each payment withheld until project completion

    Retainage is a portion (typically 5–10%) withheld from each progress payment to ensure satisfactory project completion.