General
Solicitation
Potpourri 1
Other stuff too...
Potpourri 2
100
Bidding or Negotiating
What is Procurement
100
Includes information like types of spaces & size of project, bid security & construction bond requirements, the pre-bid conference day/date/time & location, and the bid opening day/date/time/ location, et al.........
What are/is information included in the Owner's Solicitaion
100
Evaluation items include who is the Owner, who is the A/E, the type of project, the location of project, the size of the project, the technical aspects of the project, our current schedule, and is the project politically sensitive?
What are items reviewed during the "Bid/No Bid" process
100
This is another name for a closed bid
What is a private bid
100
Federal law that states A/E & construction services do not have to be selected based on Low Bid alone
What is the Brooks Act of 1972
200
Owners public announcement that "I have a Project"
What is a Solicitation
200
Process conducted by bidding Contractors in evaluating whether or not to bid a project
What is the Bid/No Bid Process (shall we bid the project or not)
200
When all possible interested parties are reduced to the Owner's best 3 or 4 or 5 parties
What is "shortlisting"
200
PPP, or P3 (P cubed)
What is a Public-Private Partnership.........
200
Effect of project pricing when the current economy is going very, very well.....not unlike right now
What is it has a tendency to drive the cost of projects (or work) up, or increase the costs of projects
300
Receives tax-payer based funding
What is a public Owner (like BSU)
300
RFP / RFQ
What are the Request for Proposals, and the Request for Qualifications
300
Contractually, when the Owner takes occupancy, and can begin the project move-in process
What is the "Date of Substantial Completion"
300
Another version of an "open bid"
What is a public bid
300
This is when the Owner authorizes the Contractor to begin the work (or construction of the project) on a specific date......many times, the execution of the construction contract initiates this start process
What is the Notice to Proceed
400
NTB, Advertisement for Bidding or Invitation to Bid
What are Solicitations
400
Process in which Owner determines if interested bidding Contractors are qualified to compete for the project in question
What is the Pre-Qualification process
400
Award methodology when the Owner values the bidders experience & quality aspects
What is Best Value and/or Qualifications Based Selection methods....typically part of D-B project delivery process
400
Valuation & award is based on Price & Qualifications
What is Best value Selection
400
True or False The award for a DB project, using the Best value Selection method, is based on price alone..........
What is FALSE; price matters, but so does qualifications & experiences too!
500
Type of Owner that uses a private bidding format
What is a private Owner (like Eli Lilly, et al.)
500
Basis for selecting contractor in the competitive bidding process
What is the project is awarded to the "Best, Responsive" bid...or code for low, complete bid wins!
500
A complete bid submission, with all bidding requirements fulfilled
What is a "Responsive" bid submission
500
GMP
What is a "Guaranteed Maximum Price" (associated with CM @ Risk, or the D-B Light project delivery process).
500
The overlapping of design with the construction process; usually part of the D-B process
What is fast-track, or fast-tracking
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