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Terms in this set (68)
Acceptance The written acceptance by the Department of
the Work.
,acceptance testing Testing conducted by the Department to
measure the degree of compliance to the
Contract
actual cost The computed cost using calculations
provided
, addendum A Contract revision or response to a
Contractor inquiry issued after advertisement
and before the opening of bids.
as-built quantity The quantity of a completed Item eligible for
payment
authorized funding amount The amount of funds authorized by the
Department for the Contract
Bidder The individual, firm, partnership, corporation,
joint venture, or any acceptable combination
thereof that submits a bid to the Department.