In this ARE 5.0 Construction and Evaluation Exam Prep course you will learn about the topics covered in the ARE 5.0 CE exam division. A complete and comprehensive curriculum, this course will touch on each of the NCARB objectives for the ARE 5.0 Construction and Evaluation Exam.
Instructor Mike Newman will discuss issues related to bidding and negotiation processes, support of the construction process, and evaluation of completed projects.
When you are done with this course, you will have a thorough understanding of the content covered in the ARE 5.0 Construction and Evaluation Exam including construction contract execution, construction support services, payment request processing, and project closeout.
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So, change orders, construction change directives, are when you can't work out the deal on the change order, and you're just saying, "All right, we'll figure it out later." This is essentially a change order. But even though the contractor isn't willing to agree to the price, we're just saying we're gonna go ahead and move forward, and then we'll go to mediation or arbitration or some other way of figuring out the exact price down the road. So, it's a little bit of a dangerous thing to do, 'cause you never really know.
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From the course:
ARE 5.0 Construction & Evaluation Exam Prep
Author: Mike Newman