Question: A general contractor requires a subcontractor to submit a payment bond to the general contractor on the project. Which of the following is the obligee

A general contractor requires a subcontractor to submit a payment bond to the general contractor on the project. Which of the following is the obligee in this situation?

A. Architect

B. General Contractor

C. Subcontractor

D. Owner

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Construction Management Unit 2 Responsibility and Authority Lines of Authority ? Must be designated, ? Those in authority must make decisions. Lines of Authority ? Must be designated, ? Those in...

DUCTION TO CONSTRUCTION ESTIMATING By Brian L. Swope, MTM, CCM Bowling Green State University College of Technology WHAT IS AN ESTIMATE? It is an assessment of the probable total cost of a project...

SECTION 12.1-PROJECT CLOSEOUT Review the project closeout conditions and answer the questions that follow. 4. Project Closeout 4.1 Precloseout Activities - The General Contractor (GC) and...

https://drive.google.com/file/d/1rQxyugD9KQCaQQtTtHBKJGdUK9_uhhMH/view?usp=sharing please refer to the McMinnville Municipal Airport Contract Docs. Actions 2. A grossly unbalanced bid can be...

In a contract between the general contractor and the subcontractor, if the payment clause contains paid ir paid" language, the general contractor receipt of payment from the owner a. Is...

I want to get all the answers 336 UNIT THREE Contracts and E-Contracts 18-2. Discharge by Agreement. Junior owes creditor Iba (a) Jimenez, a famous singer, contracts to perform in your $1,000, which...

CHAPTER 18 Performance and Discharge 337 18-8. A Question of Ethics-Conditions. King County, Washington, hired Frank Coluccio Construction Co. county secretly colluded with its property damage...

1.A performance bond submitted by a general contractor to an owner guarantees that the owner will perform according to the conditions of the contract. True False 2.A general contractor requires a...

Cal-Lite Products Inc. manufactures a line of food products that appeals to persons interested in weight loss. To stimulate sales, Cal-Lite includes cash refund coupons in many of its products....

In the paper The Racial Crossover in Comorbidity, Disability, and Mortality (Demography, Vol. 37(3), pp. 267283), N. Johnson investigated the health of independent random samples of white and...

Capital Budgeting: Applications of Investment Decision Techniques Making a capital budgeting decision is one of the most important policy decisions that a firm makes. A firm that does not invest in...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...