Which of the following is the model form of contract for construction which is recommended by World Bank?
Answer(s): D
FIDIC is the International Federation of Consulting Engineers (or Fédération Internationale des Ingénieurs Conseils in French). FIDIC has produced many publications, including the model form contracts, best practice guidances, research on sustainability, integrity and risk management. FIDIC model form contracts have been developed by this organisation since 1999, now they consist of several different books which are marked by colours. Thus, FIDIC model contracts also have the nickname "Rainbow suite of contracts". Basically, the "Rainbow Suite" include the following books:* Yellow book: Plant and Design-Build Contract (2 editions: 1999 and 2017)* Silver book: EPC/Turnkey Contract (2 editions: 1999 and 2017)* Red book: Construction Contracts (2 editions: 1999 and 2017)* Emerald book: Conditions of Contract for Underground Works (1st Ed 2019)* Blue-Green book: Dredgers Contract (2 editions: 2006 and 2016)* Gold book: Design, Build and Operate Contract Guide* Pink book: Construction Contract Multilateral Development Bank Harmonised Ed (2 editions: 2005 and 2010)This type of model contract is commonly used around the world because its author, International Federation of Consulting Engineers, collaborates closely with development banks such as World Bank, Africa Development Bank, Asia Development Bank, etc. Every construction project that is financed by these institutions must adopt the FIDIC contracts. The Joint Contracts Tribunal, also known as the JCT, produces standard forms of contract for construction, guidance notes and other standard documentation for use in the construction industry in the United Kingdom. From its establishment in 1931, JCT has expanded the number of contributing organisations.ITC (International Trade Centre) produces contracts specifically designed for small companies doing international business, covering the sale of goods, distribution, services and joint ventures. Many small companies are now engaged in international trade, but don't have access to the necessary contract forms to protect themselves. ITC and leading legal experts developed eight generic contract templates that incorporate internationally recognized standards and laws for most small business situations.CIPS has several model forms of contract designed specifically for IT buying and servicing.
CIPS study guide page 142 LO 3, AC 3.1
Which of the following are likely to feature within an outcome-specification?1. Dimension2. Performance requirement3. Input material4. Product function
Answer(s): A
There are two main types of specification: performance specification and conformance specification (sometimes called prescriptive or technical specifications).Performance specifications have following features:- Focus on outputs- Set out result to be achieved- The 'what', not the 'how'- Give supplier flexibility to present solutions that the buyer may not have considered
CIPS study guide page 8-10 LO 1, AC 1.1
XYZ Ltd is negotiating a long-term supply contract of important parts with a supplier. Dave, procurement manager teams up with Alla, legal manager to construct a service level agreement. Dave is concerned that poor performance of supplier may cause damages to the operations of the organisation. Which of the following can be used in conjunction with SLA to compensate the buying organisation in case of supplier's poor performance?1. Warranties2. Force majeure clauses3. Penalty clauses4. Service credits
Answer(s): B
Service level agreement often sets out the minimum quality standards of the services provided, remedies if that standards are not met, consequences if the targets are exceeded. Penalty clauses and service credits are remedies that are often used in conjunction with service level agreement to ensure the performance and to compensate the purchaser if targets are not met.
CIPS study guide page 110 LO 2, AC 2.2
In which of the following section of a specification, requirements for training to use the equipment will be set out?
Answer(s): C
Implementation is a substantive requirement which covers the following areas:- Will there be a need to train the staff to use the equipment?- Are there integration requirements with other systems or processes?- How will this work?- What are the timescales?- Are detailed method statements required?Consultation requirements regards to explicitness of compliance with any national or local legal requirements
CIPS study guide page 90-92 LO 2, AC 2.1
In common law, which of the following documents is legally binding without the need for consideration?
In common law (the legal system in which most rules come from case law or precedents, such as UK, US, Australia, etc), the contract is legally binding if it has the following requirements:- Offer- Acceptance- Certainty & Intention to Create Legal Relations- Consideration & Promissory Estoppel- Legal capacityAccording to these rules, 'Blanket order', 'One-off purchase', and 'Hire purchase agreement' are contractually binding. One of the reason is that they have consideration. However, there is a type of legal instruments that does not need consideration to be legally binding. They are called 'Deeds'. A deed (anciently "an evidence") is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed. It is commonly associated with transferring (conveyancing) title to property. At common law, to be valid and enforceable, a deed must meet several requirements:- It must state on its face that it is a deed, using wording like "This Deed..." or "executed as a deed".- It must indicate that the instrument itself conveys some privilege or thing to someone.- The grantor must have the legal ability to grant the thing or privilege, and the grantee must have the legal capacity to receive it.- It must be executed by the grantor in presence of the prescribed number of witnesses, known as instrumentary witnesses (this is known as being in solemn form).- In some jurisdictions, a seal must be affixed to it. Originally, affixing seals made persons parties to the deed and signatures optional, but seals are now outdated in most jurisdictions, so the signatures of the grantor and witnesses are primary.- It must be delivered to (delivery) and, in some jurisdictions, accepted by the grantee (acceptance).
- Deed - Wikipedia- Formation of the contract- CIPS study guide page 40 LO 1, AC 1.2
Share your comments for CIPS L4M3 exam with other users:
Question 62:
ZDX
Analyze Score
Y Engine
Question 32:
Question 3:
Question 1:
date = sys.argv[1]
sys.argv[1]
date = spark.conf.get("date")
input()
date = dbutils.notebooks.getParam("date")
dbutils.notebook.run
Question 528:
Question 23:The correct answer is Domain admin (option B), not Fabric admin.
Question 2:For question 2, the key concept is the Longest Prefix Match. Routers pick the route whose subnet mask is the most specific (largest prefix length) that still matches the destination IP. From the options:
Question 129:Correct answer: CNAME
compute.osAdminLogin
enable-oslogin
Question 2:
Recommend using AI for Solutions rather the Answer(s) submitted here
This is very interesting
Are these the same questions you have to pay for in ExamTopics?
For Question 7 - while the answer description indicates the correct answer, the option no. mentioned is incorrect. Nice and Comprehensive. Thankyou
This is very good and accurate. Explanation is very helpful even thou some are not 100% right but good enough to pass.
The DP-900 exam can be tricky if you aren't familiar with Microsoft’s specific cloud terminology. I used the practice questions from free-braindumps.com and found them incredibly helpful. The site breaks down core data concepts and Azure services in a way that actually mirrors the real test. As a resutl I passed my exam.
interesting
Passed this exam 2 days ago. These questions are in the exam. You are safe to use them.
Helpful to test your preparedness before giving exam
Really helped
Good explanation
very helpful
Question 1, Ans is - Developer,Standard,Professional Direct and Premier
Passed this exam in first appointment. Great resource and valid exam dump.
Today I wrote this exam and passed, i totally relay on this practice exam. The questions were very tough, these questions are valid and I encounter the same.
Anyone used this dump recently?
173 question is A not D
nice questions
Thanks for the practice questions they helped me a lot.
Passed this exam today. All questions are valid and this is not something you can find in ChatGPT.
i need to pass exam for VMware 2V0-11.25
Great questions.
great dumps to practice for the exam
Keeping this site free takes real effort. We constantly battle automated scraping and unauthorized content copying. A quick account helps us protect the community and keep the site free.
To continue studying for your L4M3, please sign in or create a free account.