Estimating in Building Construction

(Barré) #1
Project Manual 23

Proposals. Be sure to check exactly where the bids are
being received. Be sure to check each addendum to see if the
time or location has been changed. It is rather embarrassing
(as well as unprofitable) to wind up in the wrong place at the
right time or in the right place at the wrong time. Typically,
bids will be returned unopened if they are submitted late.
Figure 3.4 is an example of a proposal (bid) form.


Commencement and Completion. Work on the pro-
ject will commence within a specified period after the execu-
tion of the contract. The contractor will have to determine the
number of calendar days to complete the project. The comple-
tion date must be realistic, as most contractors have a tendency
to be overly optimistic with work schedules. At the same time,


they should not be overly conservative since it may cause the
owner concern over their ability to expedite the work.

Responsibility of Bidders. Contractors should read
the responsibilities to bidders section thoroughly, as it indi-
cates the importance of checking for all of the drawings and
a complete project manual. The contractor clearly has the
burden to visit the site.

Award or Rejection of Bid. The owner may reserve the
right to


  1. Reject any or all bids

  2. Accept a bid other than the lowest


FIGURE 3.4.Bid or Proposal Form.
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