TEC 226 TEST 2 QUESTIONS AND ACCURATE
ANSWERS
Publict projects need to be - Answers - governed by law through a specific procedure
What is a Notice to bidders? - Answers - the advertisement of the nature of the project,
location, type of contract, etc.
What are the advantages to the design-bid-build project? - Answers - -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? - Answers - -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? - Answers - -Submitting info about
succesful projects completed by the firm
- the current work load
-personnel employed
- financial stability
-AIA a350
What is value engineering? - Answers - to analyze the contract to see if any aspect or
material can be subbed out for anything more appropriate
What is Constructability? - Answers - 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? - Answers - -Bonding capacity
-Location of project
-need for work
-Nature and size of the project
12 things on the instructions to bidders - Answers - page 129
What are alternates - Answers - modifications to the base bid
What should be on the bid form - Answers - -Price
-Time of completion
-signature
ANSWERS
Publict projects need to be - Answers - governed by law through a specific procedure
What is a Notice to bidders? - Answers - the advertisement of the nature of the project,
location, type of contract, etc.
What are the advantages to the design-bid-build project? - Answers - -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? - Answers - -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? - Answers - -Submitting info about
succesful projects completed by the firm
- the current work load
-personnel employed
- financial stability
-AIA a350
What is value engineering? - Answers - to analyze the contract to see if any aspect or
material can be subbed out for anything more appropriate
What is Constructability? - Answers - 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? - Answers - -Bonding capacity
-Location of project
-need for work
-Nature and size of the project
12 things on the instructions to bidders - Answers - page 129
What are alternates - Answers - modifications to the base bid
What should be on the bid form - Answers - -Price
-Time of completion
-signature
