Estimating Final

Question 1

Tender

Answer 1

Written or verbal offer by which a person undertakes to provide services or to perform work, in return for remuneration.

Question 2

Can a bidder submit a tender directly to a recipient contractor.

Answer 2

A tenderer shall not be entitled to directly forward or to bid directly to a recipient contractor.

Question 3

If a recipient contractor requires a bond but did not mention?

Answer 3

Discharged from such obligation

Question 4

If a performance bond is needed, how much should it be?

Answer 4

Sum of performance, labor,materials, service bond should be 50% of tender price

Question 5

Can a bidder withdraw his bid

Answer 5

Between closing time for bsdq and recipient contractors (8h before closing filling renders by recipient contractor)

Question 6

Several tenders submitted all but one withdraw can you have a recall?

Answer 6

Yes as long it’s in the expiry time frame for withdrawal

Question 7

Cash discount ( discounted )

Answer 7

Speedier payment agreement

Question 8

Can bidder enter contract with recipient contractor if did not initially address to that particular contractor

Answer 8

No not if he didn’t forward tender or ensure it was taken possession of

Question 9

HVAC excluded roof piping

Answer 9

If mentioned allowed if not, not allowed since it’s govern by their specialty.

Question 10

Fine for withdrawal

Answer 10

1% of tender or 5000$