Quiz 4

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InstrumentalMajesty
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46 Questions

True or false: The bid package includes the general conditions of the construction contract.

True

What is a bid package?

A collection of documents that a contractor must review in order to decide whether to submit a bid or not

A bid package contains __________, specifications, and conditions.

drawings

True or false: The bid package includes all the documents needed for a contractor to submit a bid.

True

True or false: The bid package includes drawings and specifications.

True

True or false: The owner is responsible for drafting the general conditions of a construction contract.

False

True or false: The owner is responsible for specifying the bonds and insurance requirements.

True

The __________ of a construction contract are found in the supplementary conditions.

general conditions

What is the purpose of the bid package?

To influence the willingness of a prospective bidder to submit a bid or enter into a contract

True or false: The owner is responsible for specifying insurance and bond requirements in the bid package.

True

True or false: The owner must provide bonds and insurance requirements in the bid package.

False

True or false: The contractor is responsible for preparing the bid package.

False

True or false: Prequalification is a process by which the owner questions the ability of a contractor to carry out a project.

True

What documents are usually included in the bid package?

Drawings, specifications and conditions

The bid package documents __________ the willingness of a prospective bidder to submit a bid.

influence

What is an addendum?

Changes in details, additions, corrections, or contract conditions that are intended to become part of the bid package and basis for bidding

True or false: The contractor's qualifications are established before submitting a bid.

False

True or false: Prequalification is a process by which the owner questions the ability of a contractor to carry out a project.

True

Changes in details, additions, or corrections to a bid package are incorporated by means of __________.

addenda

True or false: Prequalification is a process by which the owner questions the ability of a contractor to carry out a project.

True

True or false: The bid package must include specifications and drawings.

True

__________ orders form the basis for a new financial relationship between contracting parties.

Change

Who is responsible for specifying the bonds and insurance requirements?

The owner

True or false: The owner will require each bidder to submit documents to prove their qualifications.

True

True or false: The general conditions of a construction contract are found in the supplementary conditions.

True

True or false: If the owner has doubts about the contractor's ability to complete the project, the owner can approve qualification.

False

True or false: The owner can reject a contractor if they have doubts about their ability to complete the project.

True

True or false: The contractor is required to submit documentation to prove their qualifications during the prequalification process.

True

The original contract can no longer form the basis for a full description of the project when __________ orders are present.

change

What is the purpose of change orders?

To modify the scope or details of a contract

True or false: The bid package includes drawings, specifications, and conditions.

True

True or false: The bid package is prepared by the contractor.

False

True or false: The owner can deny qualification if they have doubts about the contractor's ability.

True

Who prepares the bid package?

The design professional

The __________ is responsible for specifying bonds and insurance requirements for a project.

owner

What documents are included in the general conditions of a construction contract?

Supplementary conditions

True or false: The prequalification requirement is only necessary if the contractor is not qualified.

False

True or false: Prequalification is a process by which the contractor questions the ability of the owner to carry out a project.

False

True or false: The bid package includes the conditions of the construction contract.

False

The bid package documents __________ the project to be constructed and the owner's responsibilities.

describe

What is the purpose of the supplementary conditions?

To specify the bonds and insurance requirements

The design professional is responsible for preparing the __________.

bid package

True or false: The bid package only includes general conditions.

False

True or false: The contractor's qualifications are established by submitting documents to the owner.

True

The bid package is essential for ensuring that all parties __________ with their obligations.

comply

What is the purpose of the original contract?

To form the basis for a full description of the project

Study Notes

  • A bid package is a collection of documents that a contractor must review in order to decide whether to submit a bid or not.

  • The package can include drawings, specifications, and conditions that all pertain to a specific project.

  • The package is prepared by the design professional and is essential in order to ensure that all parties comply with their obligations.

  • The general conditions of a construction contract are normally found in the supplementary conditions and are specific to the project.

  • Bonds and insurance requirements are also included in the bid package, but the owner is responsible for specifying them.

  • Prequalification is a process by which the owner questions the ability of a contractor to carry out a project.

  • The owner will ask each bidder to submit documents to establish its qualifications.

  • If the owner has doubts about the contractor's ability to complete the project, the owner can withhold qualification.

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