Fundamentals Of Construction Estimating
4th Edition
ISBN: 9781337399395
Author: Pratt, David J.
Publisher: Cengage,
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Question
Chapter 2, Problem 7RQ
To determine
The description of the process followed by the estimator to review the bid documents.
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List the processes of preparing bid estimates and briefly describe or explain each one.
Briefly explain the bid review/analysis process. Describe the steps involved in the bidding process
How is the Electronic Bid package provided?
Chapter 2 Solutions
Fundamentals Of Construction Estimating
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- Discuss why contractors must make bid/no-bid decisions and the factors involved in making these decisions. Give an example of when a contractor should bid and when a contractor should not bid.arrow_forwardTrue or False? One option for competitive bidding is a lump sum proposal; one option for negotiated bidding is a cost + fee+ GMP proposal.arrow_forwardWhat are the Bids and how can they be viewed?arrow_forward
- Is it of vital importance that all bidders receive identical sets of bidding documents?arrow_forwardWhat are the instructions for the Bidders?arrow_forwardTrue or false? Within those jurisdictions where public contracts are subject to “Fair Subcontracting Laws” to prevent bid shopping, each bidder is required to list its subcontractors as a part of its bid.arrow_forward
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