Công trình công cộngCâu 1599 / 1605
The performance bond on a public works project protects the:
a.Subcontractors' wages only
b.Contractor against its own defective work
c.Contractor's profit
d.Public agency (obligee) by guaranteeing the contractor completes the project per the contract
Giải thích
The performance bond on a public works project protects the public agency (the obligee) by guaranteeing completion of the work per the contract. If the contractor defaults, the surety arranges completion or pays damages up to the bond amount.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A city hires a contractor for a $50,000 public sidewalk repair. Regarding prevailing wages, the contractor must:
- A contractor on a public works project willfully fails to produce certified payroll records after proper written request. The contractor may face:
- On a federal public works project, the prevailing wage requirement comes primarily from the:
- DIR public works contractor registration generally must be:
- A subcontractor on a public works project is not paid. To make a claim on the prime contractor's payment bond, the subcontractor generally must:
- When calculating whether it has met the prevailing wage obligation, a contractor may generally credit:
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Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)