A responsible bid
A) contains a good price for what is expected to be done
B) is the low bid
C) is by a contractor capable of doing the work
D) is any bid that contains all the elements required to be submitted in the bid package
Correct Answer:
Verified
Q1: In construction, there are three basic types
Q2: Based on the Miller Act, bonds are
Q3: Joint ventures are sometimes formed
A) to increase
Q4: A responsive bid
A) contains a good price
Q6: The three C's of bonding include Capital,
Q7: Failure to inform of a claim against
Q8: The bonding company is often concerned about
Q9: Performance and payment bonds are usually issued
Q10: Bonds are another form of insurance
Q11: The three Cs of bonding are Character,
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