If a Supplier might go bankrupt, the Contract Administrator should
A) get a copy of keys to any storage of materials the Contractor might need
B) have material delivered to the project site or other facility
C) wait for notification of the bankruptcy so no one is pushed into the situation
D) cancel the order and get a new supplier

Question

Quizplus · Accepted Answer

Having materials delivered to the project site or another facility could ensure that the project is still able to continue even if the supplier goes bankrupt. Waiting for notification of bankruptcy or canceling the order and finding a new supplier could result in delays or even a halt in the project, which could result in additional costs and possible legal issues. Getting a copy of keys to storage might not be necessary or feasible.

If a Supplier Might Go Bankrupt, the Contract Administrator Should