Bidding & Procurement Flashcards

Instructions to Bidders is a bidding document section that primarily addresses:

Answer: Rules and procedures bidders must follow when preparing and submitting bids

Instructions to Bidders outlines the rules, procedures, and requirements that bidders must follow when preparing and submitting their bids.

A unit price contract is most appropriate when:

Answer: The exact quantities of work cannot be determined in advance

Unit price contracts are used when quantities are uncertain; the contractor bids a price per unit of work and is paid based on actual quantities installed.

Which of the following is NOT typically included in a bid package?

Answer: Certificate of Occupancy

A Certificate of Occupancy is issued by a building authority after construction is complete, not during the bidding phase.

Substitutions requested by a bidder before contract award are known as:

Answer: Pre-bid substitution requests

Pre-bid substitution requests are formal submissions by bidders asking the architect/owner to approve substitute products or materials before bids are submitted.

The bid form typically requires the bidder to provide all of the following EXCEPT:

Answer: Designer's fee schedule

The designer's fee is an owner-design team matter, not something a contractor provides on the bid form.

In the context of CDT, 'bid alternates' are used to:

Answer: Allow the owner to add or deduct specific scope items based on budget

Bid alternates allow the owner to adjust project scope up or down after bid opening based on available budget and priorities.

A performance bond protects the owner by guaranteeing that the:

Answer: Contractor will complete the project as specified if they default

A performance bond ensures the surety will complete the project or compensate the owner if the contractor fails to perform per the contract.