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【Weekly Topic】【Civil Engineering Version 20170526】

2017-05-26View Original

Thread Content

Participation reward: 2 Wealth. Correct reward: 6 wealth. A certain project was tendered through an open bidding process. In accordance with the \"Code for Valuation of Construction Projects based on Bill of Quantities\" GB 50500—2013, the regulations that should be followed regarding the determination of the contract price for this project include ( ). A. The contract price shall be agreed upon within 30 days from the date the notice of award is issued. B. Agreeing on the contract price means determining the method for calculating and settling the project cost. C. The contract price shall be determined in accordance with the tender documents and the bidder’s proposal. D. In case of any discrepancies between the tender documents and the bidder’s proposal, the tender documents shall prevail. E. In case of any discrepancies between the tender documents and the bidder’s proposal, the bidder’s proposal shall prevail. Answer: A, C, E
Reply #22017-05-26
A certain project was tendered through open bidding. In accordance with the \"Code for Quantification of Construction Works and Pricing\" GB 50500—2013, the regulations that should be followed regarding the determination of the contract price for this project include ( ACE). A. The contract price shall be agreed upon within 30 days from the date the notice of award is issued. B. Agreeing on the contract price means determining the method for calculating and settling the project cost. C. The contract price shall be determined in accordance with the tender documents and the bidder’s submission. D. In case of any discrepancies between the tender documents and the bidder’s submission, the tender documents shall prevail. E. In case of any discrepancies between the tender documents and the bidder’s submission, the bidder’s submission shall prevail
Reply #32017-05-27
The ACE List Pricing Specification sets out the requirements regarding the basis and timing for determining the contract price; therefore, A and C are correct. The contract price should cover aspects such as advance payments, costs related to safe and civilized construction, project measurement and payment, adjustments to the project price, claims and on-site visas, pricing risks, final settlement, and quality warranty funds; therefore, B is incorrect. In the bidding process, the issuance of a tender is an invitation to offer, while a bidder’s submission of a bid constitutes an offer. The issuance of the tender notice represents an undertaking by the tenderer, and the content of this undertaking must be consistent with that of the offer. Bidders are bound by the terms of their bids; therefore, when concluding a contract, if there is any discrepancy between the tender documents and the bidder’s bid, the terms of the bidder’s bid shall prevail. Hence, E is correct.

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