Essay Database

The Bid Depositoy of Newfoundland

Date Submitted: 05/04/2003 16:32:28
Category: / Business & Economy / Global Economy
Length: 2 pages (479 words)
Bid Depository The Newfoundland and Labrador bid depository is in place to improve tendering practices in the construction industry. The bid depository receives all sealed bids from both trade contractor and general contractors. It also ensures that the bids and tenders and completed accurately. This ensures fairness and good faith for all contractors and is in the best interest of owners, architects, engineers, and contractors. The Newfoundland and Labrador Construction Association which manage the bid …
Is this Essay helpful? Join now to read this particular paper
and access over 800,000 just like this GET BETTER GRADES
…the tender documents. They are also responsible for receiving and reading all addenda. Prime contactors must follow procedures very similar to trade contractors. The prime contactors must inform any and all trade contractors of his or her intention to bid on a project. The prime contractor must submit a subcontract with his or her valid bid on a particular project, unless the prime contactor intends to complete all work for the project him or herself.
Need a custom written paper? Let our professional writers save your time.