Which of the following statements about unbalanced bids
is correct?
Group of answer choices
A. An owner may reject a heavily unbalanced bid as an irregular
bid
B. Unbalanced bids are not a problem - the owner pays the same
as with a balanced bid
C. Owners may sometimes accept a small amount of front-end
unbalancing so a contractor can finance the early stages of a
project
2. At what point in time is the retainage
released?
Group of answer choices
Substantial completion
When the owner starts to use the project
Final completion
3. What is the point at which an owner can begin to
occupy a building or use it for its intended purpose?
Group of answer choices
At the end of the warranty period
When the payment bond is terminated
After final completion
After substantial completion
D. Unbalancing a bid to take advantage of an owner’s error is
unethical
What is the point at which an owner can begin to occupy
a building or use it for its intended purpose?
Group of answer choices
At the end of the warranty period
When the payment bond is terminated
After final completion
After substantial completion
Which of the following statements about unbalanced bids is correct? Group of answer choices A. An owner may reject a hea
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Which of the following statements about unbalanced bids is correct? Group of answer choices A. An owner may reject a hea
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