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Contract AdminPreconstructionmedium27% of exam part

A major elevator quote expires before the owner's planned award date. What is the best preconstruction response?

Correct Answer

A) Address quote validity or carry escalation risk before bid submission

Quote validity affects the reliability of a bid or proposal.

Answer Options
A
Address quote validity or carry escalation risk before bid submission
B
Assume the expired quote remains binding without vendor confirmation
C
Use the bid bond as the elevator vendor's price guarantee
D
Move the elevator cost to warranty because award is delayed

Why This Is the Correct Answer

Quote validity affects the reliability of a bid or proposal.

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