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18 Cards in this Set

  • Front
  • Back
Advertising for Bids
2 ways
advertising in newspapers and trade journals
invitation to bid.
Advertisement for Bid
Whats included?
Bid announcement
project name and location
name and address of the owner and architect
description of the project
date, time, location where bids are due
how to obtain bidding documents and deposit required
procedures for submitting bids
Availability of bid documents
usually through the architects office
Addenda
Modifications, changes, clarification Issued prior to bidding.
It is sent to all registered bidders 4-5 days before receipt of bids.
Bid opening
-Bids received after opening should not be accepted unless non of the bids have been opened and there are no objections.
-Bids are read aloud. Architect prepares a bid log to note the base bid amount, amounts of alternates, receipt of addenda.
-NO announcement is made at bid opening.
-After ten days or so, announcement of selection is sent to all bidders.
Bidding Documents
-advertisement or invitation to bid
-instruction to bidders
-supplementary instructions to bidder
-bid forms
-bid security information
-performance bond
-labor and material payment bond
sometimes.....
-qualification forms, subcontractor list form, certificates of insurance...etc.
Instruction to Bidders: AIA Document A701
Bidders Representations
Bidder states that he or she has read docs, visited the site, and hat the bid is based on materials required in the contract.
Instruction to Bidders: AIA Document A701
Bidding Documents
States where, how many and at what cost the documents can be obtained.
Instruction to Bidders: AIA Document A701
Interpretation or correction of bidding docs
bidders must make written request to architect at least seven days prior to bid date.
Instruction to Bidders: AIA Document A701
Substitutions
A bidder is required to submit a request for approval at least ten days prior to the bid opening date.
Instruction to Bidders: AIA Document A701
addenda
Addenda must be issued no later than four days before bid date.
Instruction to Bidders: AIA Document A701
bidding procedures
submitted in sealed envelop with name of receiving party, project name, and name of bidder on outside of it
Instruction to Bidders: AIA Document A701
Modification or withdrawal of bid
Bids may not be modified after the designated bid time and date. However, bids can be withdrawn and resubmitted
Instruction to Bidders: AIA Document A701
Post Bid Information
After award of bid, contractor submits qualification statement, AIA Doc A305. AND
-list of names and subcontractors working.
-name of manufacturers, products and suppliers
-
Instruction to Bidders: AIA Document A701
Performance Bond and Payment Bond
Performance bond is statement by surety company that obligates surety company to complete construction should contractor default. Mandatory on public work.
Bid Security
Required to insure that successful bidder will enter into contract. Bid security may be kept to compensate for diff between low bid and next bid. Usually 5% of cost of construction.
Labor and Material Payment Bonds
Protects owner if contractor does not pay subcontractors or material suppliers.
Alternate
A request in the bid documents asking the contractor to supply a price for some type of variation from the base bid. Allow the owner some flexibility in modifying the bid.
Add Alternates - raise the price
Deduct-Alternates - lower the price