What does the “Gravamen Test” focus on when determining the… What does the “Gravamen Test” focus on when determining the cause of failure in a subcontract? Read Details
The Differing Site Conditions Clause covers discrepancies be… The Differing Site Conditions Clause covers discrepancies between the contract drawings and actual site conditions. Read Details
What is the risk of an unbalanced bid in a Unit Price Contra… What is the risk of an unbalanced bid in a Unit Price Contract? Read Details
What is a common reason for bid protests after bids are open… What is a common reason for bid protests after bids are opened? Read Details
In a Guaranteed Maximum Price (GMP) contract, the contractor… In a Guaranteed Maximum Price (GMP) contract, the contractor bears the risk for any cost over the agreed-upon maximum price. Read Details
Liquidated damages are pre-agreed damages paid if the projec… Liquidated damages are pre-agreed damages paid if the project is delayed or not completed within the stipulated time. Read Details
Which contract type ensures the final price of work is known… Which contract type ensures the final price of work is known from the beginning? Read Details
A responsive bidder must submit an unqualified bid, followin… A responsive bidder must submit an unqualified bid, following all instructions. Read Details
What must happen if a bid is significantly lower than the ne… What must happen if a bid is significantly lower than the next bid or agency estimate? Read Details
Bribery during the bidding process is considered a material… Bribery during the bidding process is considered a material impropriety. Read Details