Which of the following item is INCORRECT about prebid meetings?
A type of pre-bid meeting can be initiated and conducted by the architect-engineer and the owner.
B. If a prebid meeting is initiated by the architect-engineer and the owner, the owner and designer typically meet with the contractors who are planning to submit proposals for the project.
C. Many contractors believe it is desirable to also hold an internal prebid meeting for projects on which they are planning to submit proposals.
D. Prebid meetings should not be conducted because this process normally jeopardizes the project progress.
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The purpose of the bidding process is to select a desired general contractor. Which of the following item is incorrect?
A. Normally, an owner tends to select a responsive and responsible general contractor.
B. A “responsive” contractor means the contractor fills out all the information and signs the bid forms.
C. Experience of a contractor is normally not a critical criterion for a desired contractor.
D. A “responsible” contractor indicates the contractor possesses sufficient financial resources to undertake the project.
The following element does not constitute a legal valid bid in construction.
A. Justice of the proposal.
B. A valid period.
C. A Specific format.
Which of the following is correct about the term “third-party beneficiary”?
A. Liability insurance which covers third-party claims.
B. A person who may have the right to sue on a contract, despite not having originally been an active party to the contract.
C. An agreement pledging that one will become legally liable for financial loss caused to another by the act or default of a third person or by some contingency over which the third person may have no control
Which one of the following items is NOT an official reason for denying differing site condition claims issued by a general contractor?
A lack of notice to the owner regarding the differing site condition.
B. A bad relationship with the government.
C. A difference between the site condition and the drawing is not material.
D. The GC fails to conduct an adequate pre-bid site inspection.