Construction Materials & Procedures

A partnership consists of only 2 owners of a firm. True O False Generally speaking and in most cases, contractors start receiving payments 2 months after the start of a project. True False All of the following items are found in bid package except: Bid Amount Proposal Form O Special Conditions O Technical Specifications General Conditions Plans and Drawings The purpose of retainage is: to encourage the contractor to complete the project. to give leverage to the owner against the contractor to encourage the contractor to complete the project and to give leverage to the owner against the contractor to give the contractor a hard time