EstatePass
Contract AdminPreconstructionmedium27% of exam part

A major glass quote expires five days before the owner's expected award date. What should the estimator do?

Correct Answer

B) Address quote validity or carry escalation risk before submitting the bid

Quote validity and escalation must be handled before bid commitment.

Answer Options
A
Assume the expired quote will remain binding without supplier confirmation
B
Address quote validity or carry escalation risk before submitting the bid
C
Move the glass scope into final payment documents instead of the bid
D
Use the bid bond as a price guarantee for the supplier quote

Why This Is the Correct Answer

Quote validity and escalation must be handled before bid commitment.

Was this explanation helpful?

More Contract Admin Questions

People Also Study

Related Study Resources

Practice More Contractor Exam Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your Florida General Contractor exam.

Start Practicing

Disclaimer: EstatePass is an independent exam preparation platform and is not affiliated with, endorsed by, or connected to any state contractor licensing board, the Construction Industry Licensing Board (CILB), the Department of Business and Professional Regulation (DBPR), NASCLA, Pearson VUE, PSI, or any government agency. Exam requirements, fees, and regulations change frequently. Always verify current requirements with your state's licensing board before making decisions. Information shown was last verified on the dates indicated and may not reflect the most recent changes.