Bid Components (Chart)
What is bid price connected to?
Markup
Bid Bonds are usually calculated as a
________of the construction cost.
Percentage
What are the 3 Principle objectives of a project?
The principle project objectives are to
build a project within budget, on time,
and according to the quality specified
shop drawings are usually prepared by the _____
fabricator or supplier
Specifications address materials,
workmanship, and operation or ______
performance characteristics
What is Markup connected to? (first 2)
Indirect and direct costs
The Proposal (Bid) Form is an offer and
a ________ to enter into a contract if
selected
What are the 3 basic purposes of a contract document?
basis for competitive bidding
as contract administration documents
basis for the settlement of disputes, etc.
what are the 2 Drawings that are not part of the bid and
contract documents:
as-built (record) drawings
shop drawings:
which type of agencies have their own format?
Public
what is direct job cost connected to?
Labor Materials Equipment Subcontracts
______ Provide verbal descriptions of technical
requirements
technical specs
What are the two types of drawings in the bid and contract?
Project Specific and Standard
In commercial work, the most commonly used
specification format are the ones published
by the ______________ or ___________
Construction Specifications Institute
(CSI) or Masterspec
____________ Specifications are also called end-result specs
Performance
what is indirect job cost related to?
Overhead Support
Structures
Purchase
Orders
The proposal/bid form must include:(5)
the promise
list of addenda
base cost and alternatives
accompanied by surety deposit or bid bond
signatures and seal
contract drawings for a building consist of the
following 5 things
site layout and grading
architectural and arrangement
structural
mechanical and plumbing
electrical
3 types or risks
______ is suited for situations where end results
cannot be easily verified. _______ is Best suited where desired results can be
verified by observation, tests,
measurements, etc.
Design Specs, Performance Specs
Draw the entire Graph on the board. -50pts for every wrong block
LOL
Proposal details include (theres 6, name 4)
etailed Costs
Item by item
Total Bid
Bidders Statement of Understanding
Sufficient time to examine work
Understanding of General Conditions,
Supplemental Conditions, and Addendums
Bid Bond - Proposal Guaranty
Prequalification Certificate (if
appropriate)
List of Subcontractors (if requested)
Certifications
Detailed Costs
Bidders Statement of Understanding
Bid Bond -
Name all 8 Contract documents
Form of Agreement – executed contract
General Conditions
Special (Supplemental) Conditions
Drawings
Specifications
Bonds (performance, payment) – guarantees to
performance and subcontractor payment
Addendum
Change Orders – official changes to the constr.
contract for cost and/or time
Name the 8 bid docs
Instructions to Bidders – info on bidding process
Proposal (Bid) Form – form used to submit bid
Form of Agreement – sample contract
General Conditions – constr. contract procedures
Special (Supplemental) Conditions - requirements
pertaining to actual project
Drawings – diagrammatic project layout
Specifications – materials, testing, workmanship
Addendum – official changes to the bid documents
Examples of agencies and
organizations include: (2)
federal government--standard military
specifications
technical societies--ASTM, AASHTO,
ANSI, etc.