A finish hardware allowance is bought out below the stated allowance amount. What should happen?
Correct Answer
C) Reconcile the underrun according to the contract, often by crediting the owner.
Allowance balances are reconciled according to contract terms.
Why This Is the Correct Answer
Allowance balances are reconciled according to contract terms.
More NASCLA Questions
Bid instructions require bid security with each sealed bid. Which purpose should the estimator associate with that requirement?
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A rooftop unit schedule lists capacity in tons of cooling. In HVAC estimating, one ton of cooling equals what heat-transfer rate?
The bid form asks for a base bid and three alternates. How should the contractor submit alternate pricing?
A specification includes a $40,000 hardware allowance because final selections are pending. How is the allowance treated in the bid?
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On the finish plan, locate room R358; then use the finish schedule. What remarks is listed?
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