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To avoid rewriting an entire contract, a change order gives both parties the ability to make changes as they come up. The American Institute of Architects () provides the G701 Change Order form, a standardized form to simplify this process.
In addition to the Invitation for Bids, the bidding documents include: Instructions to Bidders (ITB) Contract for Supply and Delivery of Goods. Schedule of Requirements. Technical Specifications. Sample Forms.
The purpose of the pre-bid meeting is to help vendors gain a better understanding of the bid documents, scope of work, and any requirements needed to be considered for the job. Here you will be able to ask questions to get clarification on anything about the solicitation and bid documents.
However, the core elements to include in every construction bid form are the following: Client and project details. Scope of work. Existing conditions. Cost estimate. Payment schedule. Work schedule. Warranty information. Signatures.
Addenda are written text or drawings that modify or interpret the bidding documents including the Drawings and Specifications issued after the bidding documents have been issued to bidders, but before the opening of bids (see RD3. 2). (See FM.3 for addenda issuing procedures.)
Construction bidding involves submitting a proposal to complete a job under a specific set of terms. Prior to bidding, contractors will typically conduct a cost estimate to ensure they're providing accurate figures and protecting their bottom line.
The documents produced by The American Institute of Architects () are the most widely used standard form contracts in the construction industry. They facilitate communications among all the parties involved in construction, which makes it easier to produce a high quality project in a timely and economical fashion.
"Change order" is just the industry term for an amendment to a construction contract that changes the contractor's scope of work.