Front loading of a bid is always an illegalor unethical form of unbalancing a contractor’s bid is it true?
Q: Upon opening of the second envelope contractor ABC with the lowest calculated bid was determined.…
A: To determine: To whom should the contract be awarded if lowest bidder decline to push through the…
Q: Do the contractors have the right to file claims?
A: Yes, the contractors have the right to file claims.
Q: Describe what estimators look for in their review of the bid documents.
A: Usually, a written scope and specifications, along with drawings are contained by Bid documents.…
Q: Give an example of the unbalanced bid?
A: When a contractor unbalances the bid, it's meant that he will charge more for the initial items of…
Q: How can the problem of bid closing congestion associated with receiving subtrade bids be reduced?
A: Answer:- Construction bidding:- Construction bidding is a process of submitting a proposal to…
Q: What steps must be taken to set up a partnership? How cana partnership be dissolved?
A: A general partnership does not require any official documents to set up. It can be as simple as an…
Q: Visit a local contractor and determine the proportion ofcontracts that are negotiated against those…
A: The local contractor has about 75% of contract that are negotiated against those that are…
Q: What is the effect of “beneficial use” on the foregoing list of contract requirements?
A: Beneficial use of contracts is also called beneficial occupancy, it explains about the building…
Q: Can the contractor, attempt to interpret the strict orders of specifications to prepare the bid?
A: Bidding is the process in a tender and the one who put the highest bid will get the contract.
Q: Is the Insurance coverage an important contractual responsibility of the contractor?
A: Contractual insurance protects against accidents that the policyholder has expected from entering…
Q: How can a project become involved in litigation?
A: Litigation is the mechanism through which a lawsuit is taken to trial. The legal cycle is usually…
Q: What is meant by unbalancing a bid? What type of contractis implied? Give an example of how a bid is…
A: Unbalanced bid is when contractor quotes high prices some items and low prices on some items while…
Q: Negotiated tenders will cost the employer more for the purpose of implementing the project by the…
A: Tenders mainly pass as per the price and regulations of the higher bodies. In which the whole…
Q: May change orders be issued between the time of opening bids and the execution of the Agreement?
A: The change order is a order issued to alter, add or modify the work from what is arrived in the…
Q: What are the obligations of the contractor?
A: In the construction project various roles are performed by the contractor. The contractor is the…
Q: When a claim or dispute arises, what steps should be taken by the contractor?
A: In the construction project, the dispute arises due to disagreements between the parties on a…
Q: Why is the Insurance coverage an important contractual responsibility of the contractor?
A: Insurance is very important in case of contract.
Q: What should happen to bid documents in the advance stage of a bid?
A: The following takes place to bid documents in the advance stage of a bid:
Q: .Based on (Right of Access to the Site) sub-clause, the contractor is allowed to access the site in…
A: Answer : Option (B) is correct.
Q: True or False? One option for competitive bidding is a lump sum proposal; one option for negotiated…
A: Let's talk about the first statement "One option for competitive bidding is a lump sum proposal"
Q: What can be the result of the contractor’s failure to follow mandated government claims procedures?
A: A contractor is a self-employed person that carries out work for the construction company. The…
Q: Fudd Associates, Inc. submits a bid for $20 million.Mr. Fudd discovers at bid opening that all other…
A: Answer: FAI will be able to withdraw his bid after all bids are opened if it can demonstrate that…
Q: An owner can protect themselves from a failure of the low bid contractor to live up to their bid by…
A: Bid bond is legal agreement that protects the owner from failure of low bid contractor by…
Q: What is the difference in between of bid bond and face value in bidding process ? (or in real…
A: A bid bond is a kind of a construction bond that safeguards a developer or an owner in a…
Q: In transferring risks to sub-contractors, should the bonding capability of the sub-contractor be a…
A: Subcontractor bonding legally allows the general contractor to pay subcontractor only when they've…
Q: What are the objectives of, and who should attend, the pre-bid review?
A: the purpose of the pre-bid review is to get the input of other experienced construction managers and…
Q: Does an arbitrator normally play apassive role?
A: Arbitrator is an independent person which is appointed for resolving the dispute between the…
Q: What is tender documents single bid system?
A: Tendering is defined as the particular type of process whereby governments and institutions offer a…
Q: True or false? Front loading of a bid is always an illegal or unethical form of unbalancing a…
A: Front loading of a bid is always an illegal or unethical form of unbalancing a contractor’s bid. The…
Q: Is litigation more preferable or the arbitration more preferred by the contractor?
A: lest's first understand the difference between "litigation" and "arbitration".
Q: s are not always equivalent to the final contract amount after the project is complet
A: A gauge is a best guess of how much something will cost. A structure project worker, for instance,…
Q: What is the proper method of responding to bidder inquiries during the bid phase of a project?
A: The addendum is a document added to back up the original document information, change the original…
Q: How can the unbalanced bid be detected?
A: Unbalanced bidding is a phenomenon common to both lump sum and unit price contracts.
Q: . What is the proper method of responding to the bidder inquires during the bid phase of a project?
A: Proper method of responding to the bidder inquiries during the bid phase of a project are :…
Q: What procedural steps should be taken by the contractor in a contract?
A: A contractor is a self-employed person who can carry out the works for the construction company. The…
Q: What type of risks are reserved to the contractor?
A: Construction projects are subjected to various internal and external risks as a result of its…
Q: What is one of the most common causes of contractor claims?
A: There square measure several quite conflicts occur in construction industry between the parties that…
Q: How can the problem of the unbalanced bid be resolved?
A: An unbalanced bid occurs when a contractor moves his expenses for one aspect of the work into his…
Q: In preparing to bring a dispute to some kind of resolution,what measures should be taken by the…
A: In a construction project disputes arises when the contract parties disagree with each other. This…
Q: How do the owners collect the liquidated damages from the contractors during construction?
A: Liquidated damages are the method of sharing risk between the owner and the contractor and are…
Q: What are the common forms of settlement of contractor claims?
A: A claim may be a request for compensation not anticipated within the terms of the initial contract.…
Q: During what period can a contractor withdraw the bid without penalty?
A: A contract is a legal bond between two or more two parties. It specifies the duties and…
Q: What is the procedure of the punch list obligations followed by the contractor?
A: Procedure of the punch list obligation followed by the contractor is very simple and it is mention…
Q: What are the rules under which the Contractor must operate to avoid risks?
A: RISK-Risk in risk management is defined as a tool which will help in planning, monitoring and…
Front loading of a bid is always an illegal
or unethical form of unbalancing a contractor’s bid is it true?
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- True or false? Front loading of a bid is always an illegal or unethical form of unbalancing a contractor’s bid.Why is the contractor normally required to submit a bidbond when making a proposal to an owner on a competitivelybid contract?What is meant by unbalancing a bid? What type of contractis implied? Give an example of how a bid is unbalanced.
- An owner can protect themselves from a failure of the low bid contractor to live up to their bid by obtaining a Bid Bond. Explain?True or false? Within those jurisdictions where public contracts are subject to “Fair Subcontracting Laws” to prevent bid shopping, each bidder is required to list its subcontractors as a part of its bid.What type of bond guarantees that if a contractor goesbankrupt on a project the surety will pay the necessaryamount to complete the job?