Contracts & ExecutionQuestion 171 of 1605
The practice of a general contractor revealing one subcontractor's bid to a competitor to obtain a lower price is called:
a.Bid shopping
b.Value engineering
c.Scope review
d.Prequalification
Explanation
Bid shopping is using one sub's quoted price to pressure other subs to bid lower after bids are submitted. It is widely viewed as unethical and is restricted on public works to protect competitive bidding.
Practice all 1605 questions free — no signup required.
Related questions on this topic
- The primary purpose of job costing during a project is to:
- A job was estimated at $40,000 in labor but actual labor came in at $48,000. This $8,000 difference is BEST described as:
- When a general contractor relies on a subcontractor's bid to prepare its prime bid, the sub generally:
- A contractor discovers a $20,000 arithmetic error in its bid one hour after submitting it, before any contract is signed. The contractor's BEST course of action is to:
- In project organization, the document that defines exactly what work is and is NOT included in a contract is the:
- A "punch list" near the end of a project is:
Last reviewed: · editorial process
Sen Lin, PrepPass Founder · Verified against California CSLB Contractor License Law & Business Exam · How we review
Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)