Give the guidelines in case you suspect the existence of a serious imbalance in the lowest bidder's proposal?

Q: Describe the procedure of avoiding the unbalanced bid problem?

A: An unbalanced bid:

Q: T or F The Owner's level of risk, as well as their level of control, is highest on a…

A: Note:- Hi! Thank you for the question, As per the honor code, we are allowed to answer three…

Q: What are the side effects of change orders on the  the contractor's cost?

A: The nature of construction projects is complex and unpredictable, where lots of factors and…

Q: Briefly explain the bid review/analysis process. Describe the steps involved in the bidding process

A: A bid is a submission which a supplier or service provider made in response to an invitation to…

Q: Why do some contractors include “bid clarifications” with their bid even when they risk having their…

A: Solution: Despite the risk of having their bid rejected, contractors will still, on occasion,…

Q: Why have the thresholds for an open call for bids increased significantly, according to the Public…

A: Introduction : India's constitution is pro-federal and quasi-federal in nature. The central…

Q: List and describe the major factors a contractor will consider when deciding whether to submit a bid…

A: Bidding- It is defined as an offer price set by an individual or any organization for a service,…

Q: On the typical project, which are the twoprime contracts made with the owner?

A: On the typical project, usually there are two different prime contracts signed with the owner.

Q: How are the bidder's errors interpreted?

A: The Bidder's Error are interpreted in following ways : 1. When the the rates of the bidder's…

Q: Answer these civil Engineering Questions with a good understanding.  What are the benefits of using…

A: Solution :  1. In the case of Construction Manager At Risk contract format (CMAR), the construction…

Q: How do you think the government would select a contractor or vendor if they are entering uncharted…

A: The choice of contractor would become a crucial instrument for controlling contractor security in…

Q: Give some reasons for the unbalancing bids?

A: The unbalancing of a bid is the transfer of portion of the work cost for one part of work to another…

Q: Describe one of the convenient options provided to contractors to scroll through the listing of…

A: The process in which takes place after the submission date end of tender is known as bid…

Q: When does the system not accept a bid opening date?

A: Bid Opening Date indicates the date and time at which all the submitted bids for a job are properly…

Q: Define the term Instant contract savings?

A: Instant contract saving:

Q: The owner's representative is now withholding a current pay request for $300,000, requesting the…

A: Bid design-bid is a construction project delivery method in which the project owner contracts with…

Q: True or False? One option for competitive bidding is a lump sum proposal; one option for negotiated…

A: Let's talk about the first statement "One option for competitive bidding is a lump sum proposal"

Q: 247. To determine a subcontractor's probable financial stability, which of the following would be…

A: This question is related to the Estimate and Quantity Surveying from Civil Engineering.

Q: You are a contractor preparing to submit a bid for a construction project. How does the submission…

A: Contract bidding may prove to be a profitable route, but those who are unfamiliar with its structure…

Q: Are the quantities of supplies or work stated in the original Bid Schedule used to determine the…

A: The explanation of the quantities of supplies or work stated in the original Bid Schedule used to…

Q: What are the instructions for the Bidders?

A: The instructions to bidders is a document provided by an investment bank operating a competitive…

Bid Package

A bid package is a set of all documents, often known as bid documents necessary to be submitted by a general contractor before participating in a competitive construction bid to receive tender of execution of any construction project.