Specs – which cover the What should be the form of the
NEGOTIATED CONTRACTS engineering or technical contract document? requirements of the work and What are the contract documents Ans. The contract documents, describe the details of in the competitive bid contract? excepting drawings may be typed, construction. mimeographed, or printed, and it is Contract Documents – are the Specs – act of describing or the standard practice to bind them written documents that define the identifying something precisely all into one volume which, together roles, responsibilities and work or stating a precise with the plans for work is available under the construction contract, requirement. to contractors for bidding or and are legally-binding on parties. 7. Plans – which shows the construction purposes. physical details of the work Ans. The procedure for setting up a competitive bid contract is rigidly defined by the law for public work projects. The same procedure is recommended for privately sponsored projects although some of the formalities may be omitted. 1. Advertisement – a notice of 1. Advertisement – or notice to announcement in a public medium contractor which gives a brief promoting a product service, or description of the work and event. solicits bids from contractors for the accomplishment of its construction 2. Instruction to bidders – which 2. Written instruction to bidders, is a furnished, detailed what are the preparations that information required for the they need to do. preparation of the bid or proposal. 3. Form of bid or proposal – this 3. format uniformity to document is desirable in order understand easily. that all bids will be uniform and prepared on a common understanding. 4. Contract – the legal document, 4. compensation – awarding binding on the legal parties, someone money which states the work to be done, the compensation for the contractor, the time of completion, and the other legal features of the project. 5. Includes the rights and 5. Gen conditions of the contract responsibilities of the parties – which amplified the contract involved. and states the legal and business requirements of a project as a whole. Gen instructions