Procurement & Bidding Procedures Flashcards
7 cards from real CSI practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Procurement & Bidding Procedures flashcards as text
What distinguishes a 'negotiated contract' from a 'competitive bid' contract?
Answer: The owner selects a contractor and agrees on terms without formal competitive bidding
In a negotiated contract, the owner chooses a preferred contractor and negotiates price and terms directly, bypassing the formal competitive bidding process.
Which document informs prospective bidders that a project is available for bidding?
Answer: Notice Inviting Bids (Advertisement for Bids)
The Notice Inviting Bids (or Advertisement for Bids) is the public announcement that solicits contractor interest and provides basic project information.
When an addendum is issued during the bidding period, what action must bidders take?
Answer: Acknowledge receipt of the addendum in their bid submission
Bidders are required to acknowledge receipt of all addenda on the bid form to confirm their bid incorporates all issued modifications.
In a construction manager at-risk (CMAR) delivery, the construction manager provides a guaranteed maximum price (GMP) at which stage?
Answer: After design development or construction documents are sufficiently complete
The GMP is typically established once design is sufficiently advanced (often at 60-100% construction documents) to accurately define scope and price.
What is the primary purpose of a payment bond in construction contracting?
Answer: To protect subcontractors and suppliers from non-payment by the contractor
A payment bond protects subcontractors, suppliers, and laborers by guaranteeing they will be paid even if the general contractor defaults.
Which procurement method allows the owner to select a contractor based on qualifications before price is negotiated?
Answer: Qualifications-Based Selection (QBS)
QBS selects a contractor (or design professional) based solely on qualifications and experience, with fee negotiation occurring afterward.
What information is typically NOT included in the Instructions to Bidders?
Answer: Technical specifications for materials
Technical material specifications belong in Division 02–49 specification sections, not the Instructions to Bidders, which covers procedural bidding requirements.