Podcast
Questions and Answers
True or false:Once a contract has been signed, the bid package addenda can no longer be modified.
True or false:Once a contract has been signed, the bid package addenda can no longer be modified.
False (B)
True or false:Once a bid package has been submitted, it cannot be modified.
True or false:Once a bid package has been submitted, it cannot be modified.
False (B)
What is included in a bid package?
What is included in a bid package?
- Construction workers' resumes
- Project timeline
- Project specifications (correct)
- Office supplies for the contractor
What is the purpose of a bid package?
What is the purpose of a bid package?
What is the significance of bid package addenda?
What is the significance of bid package addenda?
True or false: Prequalification of bidders is not a common practice in the construction industry.
True or false: Prequalification of bidders is not a common practice in the construction industry.
What are addenda in a bid package?
What are addenda in a bid package?
True or false: Addenda are only used to delete portions of the original bid package.
True or false: Addenda are only used to delete portions of the original bid package.
True or false: The bid package addenda are not legally binding.
True or false: The bid package addenda are not legally binding.
What is prequalification in the bidding process?
What is prequalification in the bidding process?
True or false: A bid package becomes a formal contract once it is submitted.
True or false: A bid package becomes a formal contract once it is submitted.
What is prequalification in the context of bidding for a construction project?
What is prequalification in the context of bidding for a construction project?
What happens when the proposal form is accepted?
What happens when the proposal form is accepted?
True or false: The bid package documents have no influence on a prospective bidder's decision to submit a bid.
True or false: The bid package documents have no influence on a prospective bidder's decision to submit a bid.
True or false: Prequalification is a process that allows all bidders to submit their qualifications before submitting a bid.
True or false: Prequalification is a process that allows all bidders to submit their qualifications before submitting a bid.
What is the relationship between bid package documents and a bidder's willingness to submit a bid?
What is the relationship between bid package documents and a bidder's willingness to submit a bid?
What is the purpose of withholding qualification?
What is the purpose of withholding qualification?
True or false: The bid package documents have no influence on a prospective bidder's decision to submit a bid or enter into a contract.
True or false: The bid package documents have no influence on a prospective bidder's decision to submit a bid or enter into a contract.
True or false: The bid package includes only construction drawings and project specifications.
True or false: The bid package includes only construction drawings and project specifications.
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Study Notes
- A bid package contains documents necessary to respond to an invitation to bid.
- Bid package includes construction drawings, project specifications, general conditions, special conditions, bonds and insurance conditions.
- The bid package does not constitute a formal contract, but is an offer.
- The bid package addenda are amendments, additions, and deletions to the original documents.
- Addenda becomes part of the contract documents and provide the vehicle for the owner to modify the scope and detail of a contract before it is finalized.
- Once a contract has been signed, future changes in the scope or details of a contract may form the basis for a new financial relationship between contracting parties.
- The owner may decide to prequalify all bidders before considering a bid.
- Prequalification involves submitting documents establishing expertise and capability in accomplishing similar types of construction.
- The owner can withhold qualification if there are doubts about the contractor's ability to complete the work.
- Bid package documents influence the willingness of a prospective bidder to submit a bid or enter into a contract.
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