Which of the following statements about unbalanced bids is correct? An owner may reject a heavily unbalanced bid as an irregular bid Owners may sometimes accept a small amount of front-end unbalancing so a contractor can finance the early stages of a project Unbalancing a bid to take advantage of an owner’s error is unethical Unbalanced bids are not a problem - the owner pays the same as with a balanced bid
Which of the following statements about unbalanced bids is correct? An owner may reject a heavily unbalanced bid as an irregular bid Owners may sometimes accept a small amount of front-end unbalancing so a contractor can finance the early stages of a project Unbalancing a bid to take advantage of an owner’s error is unethical Unbalanced bids are not a problem - the owner pays the same as with a balanced bid
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Which of the following statements about unbalanced bids is correct?
An owner may reject a heavily unbalanced bid as an irregular bid
Owners may sometimes accept a small amount of front-end unbalancing so a contractor can finance the early stages of a project
Unbalancing a bid to take advantage of an owner’s error is unethical
Unbalanced bids are not a problem - the owner pays the same as with a balanced bid
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where a bidder places a high price on some items and a low price on other items is Unbalanced bidding.
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