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Q&A: Five Commonly Asked Questions about Engineering

Jeremy Nixon
Publication date:
January 9, 2023
Article Summary: 

The Q&A section in the Winter 2023 issue of CCI GHC Condo News Magazine addresses commonly asked questions about engineering in condominium projects. The questions cover topics such as Construction Act holdbacks, pricing differences in the Reserve Fund for large projects, site separation for multiple contractors/projects, the importance of contractor bonding, and the use of penalties in contracts. The answers provide insights into the legal and financial considerations related to these engineering aspects in condominium management and construction.


Construction Act holdbacks, Statutory Holdbacks, Reserve Fund Studies, pricing differences, site separation, multiple contractors, bonding, contractor bonding, penalties in contracts, condominium projects, engineering in condominiums, CCI GHC Condo News Magazine.

Source Citation: 
Jeremy Nixon
Q&A: Five Commonly Asked Questions about Engineering
January 9, 2023
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