ITEM P/1 DESCRIPTION RATE $ с PRELIMINARY ITEMS Cont'd: ix Water for the Works x Light and Power xi Telephone and Communication xii Site Meetings xiii Cover and Protection xiv Remove Rubbish and Debris xv Levels and Setting Out of the Works xvi Contractor's Supervision xvii Access to Site xviii Security ixx Insurances against Injury to Persons and Property xx Insurance of Works xxi Performance Bond xxii Mobilization Bond xxiii Overtime (Night works), Working on the weekend & Adhoc working hours xxiv Chaperoning To Collection S Collection Page No. From page No. P/1 From page No. P/2 (above) PRELIMINARIES To: GS $ ITEM DESCRIPTION RATE $ с PRELIMINARIES Note: Unpriced items in this section shall be deemed to be included elsewhere in the Bills of Quantities ہے A SITE LOCATION: The site of the works is located at 23 East Street, Old Harbour, St. Catherine B DESCRIPTION OF THE WORKS: 2. C The works comprise the proposed renovation and alteration of the existing structure, retrofiitng the existing space to house NIDS production floor and service centre, installtion of HVAC system and updating electrical installations. Procuring of specified furniture. PRELIMINARY ITEMS: iExamine Drawings (when made available) and Site Visit ii Time and Progress Chart for Completion of the Works iii Enclosure of the Site and General Protection iv Watching and Lighting vPlant, Scaffolding, etc. for the Works vi Fringe Benefits, National Insurance etc. vii Sanitary Accommodation vili Safety and Welfare Measures To Collection: P/2 S

True or false? Within those jurisdictions where public contracts are subject to “Fair Subcontracting Laws” to prevent bid shopping, each bidder is required to list its subcontractors as a part of its bid.

What is the difference in between of bid bond and face value in bidding process ? (or in real Construction project )

Select a type of construction contract and make a brief discussion of its advantages and disadvantages to both the contractor and the owner.

What are your observations of Philippine Bidding documents ?

How are cost reports used by an estimator

Why does the contractor not want to make a commitment to unit -price amounts?

Why is it often difficult for an estimator to prepare a cost breakdown with the bid?

QUESTION 9 Accusoft Systems is offering small business owners a software package that keeps track of many accounting functions from bank transactions to sales invoices. The site license will cost $44,000 to install and will require a fee of $2500 every 3 months. If your company can save $13,500 every quarter and have the security of managing its books in-house, how long will it take for you to recover the investment at an interest rate of 9% per quarter? The time taken to recover the investment, (in quarters) Round to the nearest one (1) decimal place

Of all the prices that are contained in a contractor’s bid, which items hold the most risk for the contractor?