Utah Contractor Practice Exam

What is a key feature of a turnkey contract?

1. It covers design only

2. It involves multiple contractors

3. The contractor is responsible from start to finish

4. It requires a fixed payment structure

The correct answer is: The contractor is responsible from start to finish

A key feature of a turnkey contract is that the contractor is responsible from start to finish. This means that the contractor takes on all aspects of the project, including design, construction, and completion, delivering a finished product to the client. This approach allows the client to have a single point of contact throughout the project, simplifying communication and management. The contractor’s comprehensive responsibility ensures that they handle any issues that arise during the construction process, making the project more streamlined for the client. In contrast, covering design only would limit the scope significantly, as a turnkey contract encompasses much more. Involving multiple contractors can complicate the management of the project and does not align with the turnkey model focused on singular accountability. A fixed payment structure may or may not be part of a turnkey contract; it is more about the comprehensive responsibility than the payment terms themselves.