Engineering Board Exam Reviewer · ECE · easy

A 'turnkey' contract means the contractor delivers:

  1. A complete, ready-to-operate facility to the owner
  2. Only the design drawings
  3. Only the materials
  4. Only labor services

Answer

A. A complete, ready-to-operate facility to the owner

Solution

The owner just 'turns the key' to start operations.

More ECE questions

  1. A contract in which the owner pays the contractor's actual costs plus an agreed fee or percentage is called a:
  2. A contract in which payment is based on measured quantities of work multiplied by agreed rates is called a:
  3. A construction contract in which the contractor agrees to complete the entire work for a fixed total price is called a:
  4. A building completed in 2010 collapsed in 2022 because of a defect in the structural plans. Within what period must the owner file the…
  5. A contract to supply surveillance equipment for an illegal gambling operation is:
  6. A verbal agreement was made on January 2, 2024 to maintain a company's PABX system for two years, starting the following month. The…
  7. A 17-year-old student signs a contract with a computer shop to buy a laptop on installment without parental consent. When the student…
  8. An ECE contractor agreed in writing to install a fiber network for a subdivision. Before work began, the developer discovered that the…
  9. Damages awarded to vindicate a right that has been violated even if no actual loss is proven are:
  10. Damages imposed by way of example or correction for the public good, in addition to other damages, are:

All ECE questions