Podcast
Questions and Answers
What is the percentage for the Down payment required for the Insurance Bond?
What is the percentage for the Down payment required for the Insurance Bond?
- 25%
- 10%
- 20%
- 15% (correct)
Which document describes the quantities and unit rates included in the Proposal Breakdown?
Which document describes the quantities and unit rates included in the Proposal Breakdown?
- Bid Documents (correct)
- General Conditions of the Contract
- Invitation to Bid
- Proposal Forms
Who should secure the Occupancy Permit according to the text?
Who should secure the Occupancy Permit according to the text?
- Electrical Contractor
- Contractor (correct)
- Fire Protection Contractor
- Owner
What is the Retention percentage of the Total Contract Price?
What is the Retention percentage of the Total Contract Price?
Which entity reserves the option to defer or delete other works from the Contract?
Which entity reserves the option to defer or delete other works from the Contract?
What does the CONTRACTOR need to submit for the Works according to the text?
What does the CONTRACTOR need to submit for the Works according to the text?
What are the two main components of the bid that need to be submitted?
What are the two main components of the bid that need to be submitted?
When is the deadline for submitting the bid?
When is the deadline for submitting the bid?
What is NOT required for the contractor to include in their bid?
What is NOT required for the contractor to include in their bid?
Which document should contain details about Material Procurement Schedule and Safety Plans?
Which document should contain details about Material Procurement Schedule and Safety Plans?
What is the correct format for submitting the bid electronically?
What is the correct format for submitting the bid electronically?
Which individual should receive the bid submission at the Robinsons Land Corporation office in Quezon City?
Which individual should receive the bid submission at the Robinsons Land Corporation office in Quezon City?