An alternate in a bid form is best described as:
Correct Answer
B) A separately stated price for a defined change to the base bid
An alternate identifies a separately stated price effect for a defined change from the base-bid work, accepted under the bidding rules. It may add cost, deduct cost or have no price change. It is not a hidden contingency, labor code or lien waiver. AIA A701 section 1.6 illustrates the no-change possibility. Source: https://assets.aiacontracts.com/ctrzdweb02/zdpdfs/a701_2018.scose_.comparative.pdf
Why This Is the Correct Answer
An alternate identifies a separately stated price effect for a defined change from the base-bid work, accepted under the bidding rules. It may add cost, deduct cost or have no price change. It is not a hidden contingency, labor code or lien waiver. AIA A701 section 1.6 illustrates the no-change possibility. Source: https://assets.aiacontracts.com/ctrzdweb02/zdpdfs/a701_2018.scose_.comparative.pdf
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