26 Questions
Which term refers to a change made to the bid package during the bid period and before the contract is executed?
Definitions Addendum
What is the term used to describe the stipulated sum of money without any adjustment because of alternative prices or substitutions, etc., for which the bidder offers to perform the work called for in the bid documents?
Base Bid
What is the term used to describe a promise to answer for payment of a debt or performance of an obligation if the person liable in the first instance fails to make payment or perform the obligation?
Guarantee
Which type of tender call is frequently used when the project involves public funds?
Open Competitive Bids
What is the purpose of pre-qualification in the bidding process?
To eliminate candidates who do not demonstrate necessary financial capacity, relevant experience, and human resources.
In construction procurement, what is a bond?
An instrument that guarantees a contractor's satisfactory performance of obligations under a contract.
When are negotiated contracts mostly used?
In case of emergency when time is of the essence or when an owner values the benefits of established long-term relationships.
Which bond guarantees that if the bid is accepted within the time stated, the contractor will enter into a formal contract with the owner?
Bid Bond
What is the recommended form of bid security if a bid bond is selected?
CCDC 220 - Bid Bond
Which of the following is NOT a responsibility that the successful bidder must assume?
Privilege clauses
Which bond indemnifies the owner up to the amount of the bond in the event of default on the part of the contractor?
Performance Bond
What is the purpose of a privilege clause in the bid package?
To allow owners to justify a decision to award a contract to someone other than the lowest bidder
What does the Supreme Court of Canada ruling in April 1999 say about accepting a non-conforming bid?
It is considered a breach of the duty of fairness to all other bidders
Which bond guarantees that claimants will be paid for labour and materials provided to the contractor for use on the project?
Labour and Material Payment Bond
What should architects consider when determining how to distribute bid documents?
The cost to reproduce a full set of documents
According to CCDC 23, if a bidder notifies the architect or the client of a serious mistake in their bid after the bid closing, what should be done?
The bid should not be accepted and the bidder should not be penalized
What happens if a bidder wants to withdraw their bid during the period of irrevocability?
The bidder is not allowed to withdraw the bid and will forfeit the bid deposit or bond
What should the architect advise the client to do if only one bid is submitted?
Return the bid unopened
Which of the following is NOT a purpose of addenda in the bid documents?
To assist bidders and contract administrators in organizing addenda
When should the last opportunity for issuing an addendum be?
Four working days before bid closing
What is the recommended time for closing bids?
Late afternoon
What should be done with bids received after the designated bid closing time?
They should be returned unopened to the bidder
Which of the following is NOT a characteristic of the design-bid-build method?
The architect is retained by a design-builder
According to the text, what can result from deviation from accepted tendering practices?
Violation of Canadian common law
What are two services provided by the architect in the procurement of a construction contractor?
Assisting with pre-qualification of bidders and providing construction advice
What should be considered when planning how to procure the construction contractor?
The size and complexity of the project
Test your knowledge on the important role of bid depositories in the construction industry. Learn about the process of submitting quotations for general contractors and the rules associated with bid closing. Gain insights on how contractors, subtrades, and manufacturers analyze documents in preparation for their bids.
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