https://drive.google.com/file/d/1rQxyugD9KQCaQQtTtHBKJGdUK9_uhhMH/view?usp=sharing

please refer to theMcMinnville Municipal Airport Contract Docs. Actions

2. A grossly unbalanced bid can be interpreted as being irregular and thus rejected. True False 3. For what reasons do contractors typically submit unbalanced bids? (Select all that apply). To take advantage of the Owner's estimate of quantities. To fast-track a project. To front-load the billings. To prevent mechanic's liens. To prevent the Owner from bid shopping. To ensure larger periodic payments at the end of the project.4. What is one way owners contractually limit the effect of the unbalancing? The contractor is required to submit a payment bond. The contractor is required to take extra soil borings to determine the types of soil on the project. The designer guarantees the contractor's price. The Owner reserves the right to re-negotiate the contract if the actual quantities are significantly different from the estimated quantities. The Owner does not allow subcontractor bids to be shopped. 5. For a job order contract, which party provides the unit cost that are used for pricing the work? General Contractor Owner Designer Material supplier Surety Subcontractor 6. Job order contracts require the bidders to submit a bid price and a construction duration for the project. True False7. A+B contracts have several limitations and shortfalls. Which of the following are limitations associated with using A+B contracts on projects? (Select all that apply). Construction efficiency is not optimized. The contracts can be complex and are not very common. The total project duration (design plus construction) is increased. The final project cost of construction is not known until the end of the project. A+B contracts are not effective in areas where the cost per day to the Owner for not having the project completed is minimal. None of the above