Rose Red Chapter 8 Flashcards
1
Q
- True or False? “Procurement” is the term used in CSI MasterFormat, 2004 edition, for the range of methods used to obtain pricing from prospective contractors and to enter into contractual relationships with varying scopes of work to be performed, and for measuring and paying for the completed work.
A
- Answer: True.
2
Q
- Bidding Requirements consist of all but which one of the following
documents?
a. Invitation to Bid
b. Commissioning Plan
c. Instructions to Bidders
d. Bid Form
A
- Answer: b.
3
Q
- True or False? Bidding Requirements are not construction specifications.
A
- Answer: True.
4
Q
- The Invitation to Bid should address all but which of the following?
a. Project Title and location
b. Owner’s budget
c. Time and location for receipt of bids
d. Type of Contract
A
- Answer: b.
5
Q
- True or False? Preprinted Instructions to Bidders, such as AIA A701, do not require modification.
A
- Answer: False.
6
Q
- The Instructions to Bidders includes all but which of the following elements?
a. Invitation to Bid
b. Interpretation of bidding requirements and how to report and resolve discrepancies
c. Time and location for submission of bids
d. Criteria for rejection of bids
A
- Answer: a.
7
Q
- Essential elements for the Bid Form include all but which one of the following?
a. Name and address of Bidder
b. Building permit
c. Acknowledgement of receipt of addenda
d. Signature of Bidder
A
- Answer: b.
8
Q
- True or False? The purpose of the Invitation to Bid is to attract prospective bidders.
A
- Answer: True.
9
Q
- True or False? The Bid Security (“Bid Bond”) guarantees that the Bidder will enter into a Contract with the Owner.
A
- Answer: True.
10
Q
- True or False? Bidding requirements become part of the Contract Documents when the Construction Contract (Agreement) is signed.
A
- Answer: False.