A specification includes a $40,000 hardware allowance because final selections are pending. How is the allowance treated in the bid?
Correct Answer
B) Include the stated allowance amount and later adjust for the actual approved cost as required
A stated allowance is included in the contract sum and adjusted later according to the actual approved cost or contract terms. Other choices omit required money, inflate it without basis, or use it for the wrong purpose.
Why This Is the Correct Answer
A stated allowance is included in the contract sum and adjusted later according to the actual approved cost or contract terms. Other choices omit required money, inflate it without basis, or use it for the wrong purpose.
More NASCLA Questions
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