True or False: A crew is assembled and placed under the charge of a job foreman when a company obtains a contract for installing its equipment.

The statement is true. When a company secures a contract for the installation of its equipment, it is standard practice to assemble a crew specifically for that project. This crew operates under the direction of a job foreman, who is responsible for overseeing the workers and ensuring that the project is executed efficiently and safely. The foreman's role is crucial in managing the crew's activities, coordinating tasks, and maintaining communication with management and clients. This structure helps to streamline operations and ensures that all aspects of the installation are handled effectively.

This practice is a part of project management in the contracting world, indicating that organization and delegation are key components in successfully fulfilling contractual obligations.