A Lauderhill residential job shows owner payments of $226,000 and documented value of work of $151,000. What construction-funds status should be reviewed?
Correct Answer
D) payment-value review
A construction-funds review compares payments received with the value of work documented in the file.
Why This Is the Correct Answer
A construction-funds review compares payments received with the value of work documented in the file.
Why the Other Options Are Wrong
Option A: bid protest file compliance status file
bid protest file compliance status file skips the written authority, scope, price, notice, or release control needed for construction funds handling.
Option B: tax resale certificate regulatory calendar entry
tax resale certificate regulatory calendar entry skips the written authority, scope, price, notice, or release control needed for construction funds handling.
Option C: citation final order statutory review note
citation final order statutory review note skips the written authority, scope, price, notice, or release control needed for construction funds handling.
Memory Technique
Controller Reviews contract math: approved scope is the ruler for construction.
Reference Hint
Open-book path: tab Florida Statutes Chapter 489 to Section 489.126, Moneys received by contractors; verify the Florida rule, deadline, or compliance record before answering.
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