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Contract Administration & Project Management Flashcards

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

Read the first 7 Contract Administration & Project Management flashcards as text
  1. A force majeure clause in a Florida construction contract typically excuses a party from performance when delays are caused by:

    Answer: Hurricanes, floods, or other unforeseeable natural disasters

    Force majeure covers events beyond a party's control—such as natural disasters—that make performance impossible, not ordinary business risks like cost increases or poor planning.

  2. Which document formally transfers responsibility for a completed project from the contractor to the owner?

    Answer: Certificate of final completion

    A Certificate of Final Completion confirms all punch list items are resolved and formally closes out the contractor's obligations, transferring full responsibility to the owner.

  3. A contractor receives a Request for Information (RFI) that reveals a design conflict. The BEST practice is to:

    Answer: Log the RFI, submit it to the design team, and await a formal response before proceeding

    Logging and formally submitting the RFI creates a documented record and ensures the design professional issues an authoritative response before the contractor commits to a path.

  4. Under Florida §627.428, when a contractor successfully sues an insurer for wrongful denial of a claim, the insurer may also be liable for:

    Answer: Attorney's fees

    Florida §627.428 allows a prevailing insured or assignee to recover reasonable attorney's fees from an insurer that wrongfully denied a claim.

  5. In a construction project's Work Breakdown Structure (WBS), the LOWEST level of decomposition is called a:

    Answer: Work package

    Work packages are the lowest WBS level and represent the smallest units of work that can be assigned, scheduled, and cost-tracked.

  6. Which bond type guarantees that a contractor will complete the project according to contract terms if the contractor defaults?

    Answer: Performance bond

    A performance bond protects the owner by guaranteeing contract completion if the contractor defaults, with the surety stepping in or compensating the owner.

  7. Florida law requires contractors to maintain business records for a minimum of how many years?

    Answer: 3 years

    Florida §489.129 and related rules generally require contractors to retain financial and project records for at least 3 years, though specific contracts or federal work may require longer.