Question:
a) Show the different parts of a bidding document for works.
b) Describe five advantages of Dispute Resolution over Termination of Contracts.
c) Show the different types of Certificates which are issued in a Works Contract.
d) Distinguish between validity period of a Bid Security and bid validity period.
e) i) What are the risks related with the placing of an order for the supply of a consignment of fire crackers from China for the Republic's Day?
ii) How would you avoid or mitigate those risks?
f) What are the objectives, in a bidding exercise, behind asking for:
i) A bid security.
ii) A performance security.
iii) A statement of past similar works undertaken by the contractor during the past years.
g) Give two differences between post-qualification and pre-qualification criteria.