TEC 226 Test 2
Publict projects need to be - governed by law through a specific procedure
What is a Notice to bidders? - the advertisement of the nature of the project, location,
type of contract, etc.
What are the advantages to the design-bid-build project? - -The owner benefits from the
competitive market place
-Appears impartial
-fully embraces the free market
-government allowed
What are the disadvantages to the design-bid-build project? - -Accurate costs wont be
known until completion
-cant exceed the owners budget
-errors and omissions may become costly because of frequent change orders
What does Prequalification generally consist of? - -Submitting info about succesful
projects completed by the firm
- the current work load
-personnel employed
- financial stability
-AIA a350
What is value engineering? - to analyze the contract to see if any aspect or material can
be subbed out for anything more appropriate
What is Constructability? - A review of the contract documents, prior to the bidding
phase, to identify problems and provide suggestions
What factors determine wether a company will bid? - -Bonding capacity
-Location of project
-need for work
-Nature and size of the project
12 things on the instructions to bidders - page 129
What are alternates - modifications to the base bid
What should be on the bid form - -Price
-Time of completion
-signature
Publict projects need to be - governed by law through a specific procedure
What is a Notice to bidders? - the advertisement of the nature of the project, location,
type of contract, etc.
What are the advantages to the design-bid-build project? - -The owner benefits from the
competitive market place
-Appears impartial
-fully embraces the free market
-government allowed
What are the disadvantages to the design-bid-build project? - -Accurate costs wont be
known until completion
-cant exceed the owners budget
-errors and omissions may become costly because of frequent change orders
What does Prequalification generally consist of? - -Submitting info about succesful
projects completed by the firm
- the current work load
-personnel employed
- financial stability
-AIA a350
What is value engineering? - to analyze the contract to see if any aspect or material can
be subbed out for anything more appropriate
What is Constructability? - A review of the contract documents, prior to the bidding
phase, to identify problems and provide suggestions
What factors determine wether a company will bid? - -Bonding capacity
-Location of project
-need for work
-Nature and size of the project
12 things on the instructions to bidders - page 129
What are alternates - modifications to the base bid
What should be on the bid form - -Price
-Time of completion
-signature
