【Weekly Topic】【Civil Engineering Version 20170701】
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Participation reward: 2 Wealth. Correct reward: 6 wealth. Construction firms A and B formed a joint bid team to compete for a particular project. As required by the bidding documents, they submitted a bid security of 50,000 yuan as part of this joint bid. After receiving the notice of award, the joint team had not yet signed a contract with the client. At that point, firms A and B decided that the profits from this project were too low, so they opted to give up on it. Then which of the following statements is correct? ( ) A. Since no loss was caused to the tenderer, the 50,000 yuan bid security should be refunded. B. Since no contract was signed, half of the 50,000 yuan bid security should be refunded. C. Both Party A and Party B, the construction units, shall bear liability for breach of contract. D. Both Party A and Party B, the construction units, shall bear liability for fault in contracting. Correct answer: D
Construction firms A and B formed a bidding consortium to compete for a particular project. As part of the bidding process, they submitted a bid security of 50,000 yuan in accordance with the requirements set out in the tender documents. After receiving the notice of award, the consortium had not yet signed a contract with the client. At that point, firms A and B decided that the profits associated with this project were too low, so they chose to abandon it. Then the correct statement is (C). A. Since no loss was caused to the tenderer, the 50,000 yuan bid security should be refunded. B. Since no contract was signed, half of the 50,000 yuan bid security should be refunded. C. Both Party A and Party B, the construction firms, shall bear liability for breach of contract. D. Both Party A and Party B, the construction firms, shall bear liability for culpa in contrahendo
C. Contractors A and B shall bear liability for breach of contract in this regard