TEC 226 Exam 2 Illinois State
Procedures used on PUBLIC project - Answers --Notify interested parties (with name,
nature, Invitation must be posted, cost, time, etc.)
-Invitation posted publicly
-All bidders must be given a change to bid equally
-Pre-qualification
Private sectors can select owners how - Answers -Any legal means
Prequalification - Answers -Used by owners to pick out bidders that have demonstrated
they can perform the work.
-Types of projects
-Current workload
-Employees
-Experience of employees
Value Engineering - Answers -A procedure of reviewing design aspects to optimize
costs, materials, and methods, ensuring the owner's best interests are met. It considers
project delivery costs, maintenance, construction efficiency, and potential risks like
disputes.
Constructability - Answers -Relates to issues of construction
-Assessment of the contract documents prior to bid to suggest improvements
-Conducted by design team
What are the types of things a contractor should consider when they are getting ready
to bid on a project? - Answers --Bonding Capacity
-Location
-Owner
-Owner's financial means
-Architect/engineer
-Nature & Size of Project
-Competitors
Alternative - Answers -Modifications to the base bid
What is the vehicle used to notify a contractor they can start construction? - Answers -
Performance Spec - Answers -The desired outcome of a criteria
3 types of cost scenarios, in payments chapter. What are they? - Answers -1.Payments
are Generally made on a monthly basis
