What is a post bid addendum?
What is a post bid addendum?
1.3 Addenda are written or graphic instruments issued by the Architect prior to the execution of the Contract which modify or interpret the Bidding Documents by additions, deletions, clarifications or corrections.
What is the difference between an addendum and a bulletin?
Heather Salisbury CSI, AIA, LEED AP, agreed, adding, “In my 25 years of practice an addendum is a modification prior to contract award and a bulletin is after award. They look the same as far as how the list of changes are shown.
What is a post tender negotiation?
Post-Tender Negotiation (PTN) is a separate exercise from Tender Clarification. PTN is contact between the procurement officer and the bidder(s) to refine and improve the bid(s) received in order to ensure that prices, delivery or associated terms of the contract are competitive.
What is included in the bid documents?
Bid documents include the plans, specifications and estimates (PS&E) developed to describe all of the elements of a construction project and become the contract between the local government and the selected contractor.
When do you need an addendum to a bidding document?
That’s why the bidding documents include basically everything before contract is awarded and construction is started. Tips: An addendum is to modify or clarify the procurement documents issued for bid. It’s issued after you issue a bid set and before a contract is awarded.
What do I need for a post tender addendum?
As part of this post tender addendum process, a new bid form, specification section 00 41 07 – BID FORM WITH BONDIN G, will be required.
What does an addendum to a contract mean?
Any formal change on a project should be accompanied by a formal addendum to the contract. The addendum becomes a formal part of the signed contract and is a legal representation of the current status of the project.
What does post bid addendum do in Sheldon?
I have used “Post Bid Addendum” but at the end of the day it is the same as the method used by Sheldon’s public sector owner. It is much the same as awarding the Contract based in the lowest responsible or preferred bidder and adjusting the contract price after selection of accepted alternates.