Who commonly bears quantity variation risk in a unit-price item?
Correct Answer
C) The final price varies with measured quantities under the contract.
Unit-price payment adjusts to measured quantities according to contract terms.
Why This Is the Correct Answer
Unit-price payment adjusts to measured quantities according to contract terms.
Why the Other Options Are Wrong
Option A: The quantity can never change
Choice A (The quantity can never change.) is rejected because the choice would not get the project to The final price varies with measured quantities under the contract.
Option B: The bidder is paid the bid quantity only regardless of measurement
In procurement and contracting, The bidder is paid the bid quantity only regardless of measurement. is the wrong selection for Unit-price quantity risk: the action skips the timing, documentation, or field-control step needed for Unit-price quantity risk.
Option D: The architect pays all overruns personally
Choice D gives The architect pays all overruns personally. Its specific error: the option answers a paperwork, payment, or bonding issue.
Memory Technique
Use unit-price quantity risk as the label and The final price varies with measured quantities under the contract. as the definition to recall under pressure.
Reference Hint
Open NASCLA Contractors Guide to Business, Law and Project Management, 14th Ed.; use the index entry or section for "Unit-price payment" to confirm that Unit-price payment adjusts to measured quantities according to contract terms.
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