Befähigungsprüfung Ingenieurbüro Practice Questions - Befähigungsprüfung Ingenieurbüro (Beratende Ingenieure) (Austria) Exam

To provide financial security against contractual overpayments or premature contractor insolvency during construction; standard default rate is 5% of the net interim invoice amount To guarantee warranty defect rectification after final acceptance; standard default rate is 2% of the final invoice amount for 3 years To cover mandatory municipal withholding tax on Austrian construction wages; standard default rate is 10% To insure the client against third-party environmental damages caused by site machinery; standard default rate is 15%