Easily Replace Alternative Choice in the General Contractor Agreement

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How to Replace Alternative Choice in the General Contractor Agreement

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joe just answer i just asked another question here while learning how to price a job did you under bid and realize it should have cost more for the job yes and i i think weve all gone through that you know everybody thats been in in construction uh there yeah theres definitely times where i under bid a job and i learned from that so now the way that i have it set up um you know over time you learn all this and if you have a good contract in place that can protect you and your customer then then thats thats where a lot of the times you know theres jobs we take on where theres an unforeseen circumstance you know and a lot of the new guys dont know like oh you know its gonna cost us more but i dont have this in my contract so the customers not wanting to spend more and they try to take advantage of of contractors as well sometimes so you know if its an unforeseen circumstance you should have that in your contract where you know if something shows up or theres rot or something

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Why is it important to prepare the alternate amounts carefully and thoroughly?

Why is it important to prepare the alternate amounts carefully and thoroughly? to determine who will be awarded the contract. In addition, if selected by the owner they become part of the contract documents. Explain what an alternate price is and how it is handled during the bidding process?

What is the purpose of alternates in bid package?

Defining Bid Alternates As mentioned, alternates are portions of a project that are bid separately from the base bid. Architects and building owners use them to provide a buffer when bids may come back higher than expected. You can also use them for funding compliance.

What are alternates in the bidding process?

Bid Alternates are for specific work or materials of a construction project that are not included in the base bid price. Campus Project Managers are encouraged to instruct Architect/Engineer (A/E) to incorporate alternates into bid documents when possible.

What are alternates in contracts?

Bid Alternates are for specific work or materials of a construction project that are not included in the base bid price. Campus Project Managers are encouraged to instruct Architect/Engineer (A/E) to incorporate alternates into bid documents when possible.

What are alternates in a contract?

Add alternates are additional items of work that may be awarded as part of the contract if the bids come within the budget specified in the contract. Add alternates may include adding length or additional quantity to a project of similar type work or adding enhancements of different type work to a project.

When an existing contract is replaced with a new contract?

Novation is the replacement of one of the parties in an agreement between two parties, with the consent of all three parties involved. To novate is to replace an old obligation with a new one.

What are alternates in construction contract?

Add alternates are additional items of work that may be awarded as part of the contract if the bids come within the budget specified in the contract. Add alternates may include adding length or additional quantity to a project of similar type work or adding enhancements of different type work to a project.

Why would having so many alternates in a project make the process to award a contract difficult?

Using an excessive number of alternates should be avoided, because it unnecessarily complicates the bidding process. Alternates may be additive or to deductions from the base bid.

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