The project manager team from the owner has coordinated a bidding process for an asbestos project. Five different bids were received and the associated detailed costing is shown in Figure 2. Comment on the main criteria to evaluate bids (5 marks) On the basis of the different bid evaluation criteria identified, select the contractor (e.g. bid) that you, as the construction manager would select and explain why. Total Schedule Unit prices Transite panels (so Pipe insulation (If) Fitting insulation Duct insulation (so Electrical Wrap (If) Penetration gaskets (ea) Laborer Foreperson project manager Equipment rates day) Costs (cy) PCB disposal (less) Eq uipment removal TOO' Contracting. SS39,400no sssoc $9 so NIA ("20001K') Zone SS71,2moo SS 00 $1S_no $25.00 $25110 stsooo S3s.oo sao.oo Ssaoo ABC $133,coaoo $2.90 $0.75 S2s.oo $12.00 $3.00 31900 SOOO S62.oo 95.00 COMpany "000 $20m SIO.m S-723,3noo (15 marks) S17s0 $120) S87m $79 $745.500.00 Key sf feet; If linear feet; ea each; cy cubic yard Figure 2. Bid comparison spreadsheet for an asbestos project (Goud and Joyce, 2009)