Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help with Law assignment Jean Mitchel is the owner and president of Canary Tunnel Inc. He is currently considering submitting a bid for the

Need help with Law assignment

image text in transcribed
Jean Mitchel is the owner and president of Canary Tunnel Inc. He is currently considering submitting a bid for the Ontario North Line rail project, in association with another company who has better industry exposure and financial strength to compete for the project. The request for proposal (RFP) allows for the bidders to provide pricing per square/metre for the boring and tunneling portion of the project as separate price, or a specified, firm price for all of the project work in accordance with the contract documents. He has also heard that the owner of the project is Northface Linx, a provincial Crown agency of the government of Ontario. The rumour is that this owner does not pay their contractors on time and may even refuse to pay their contractors for any reason. Jean wants the job but has a lot to think about in terms of the project risks. He ran into you at a friend's car wash and remembered you were in the ADZ School of Construction Management program, so he wanted to pick your brains. . Jean wants to know what form of association or any other business entity they can form and what are the advantages and demerits of each? . He is not sure of the benefits of using the per-square-meter or unit pricing, compared to a stipulated price. He also wants to know what standard industry contract will be required for each type. . Lastly, Jean has asked that you explain the whole idea of construction lien to him in plain language, and if he can rely on it as security in case the owner refuses to pay. If so, how can lien attach to a provincial property such as this Ontario North Line project

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Labor and Employment Law Text and Cases

Authors: David Twomey

15th edition

1133188281, 978-1133711841, 1133711847, 978-1285247632, 978-1133188285

More Books

Students also viewed these Law questions

Question

Can animal studies provide an insight into human behaviour?

Answered: 1 week ago