tendering is used when all the information necessary to calculate a realistic price is available when tendering commences.

Related MCQs

• 7 DRAFTING MODEL TENDERS , E-TENDERING- DIGITAL SIGNATURE CERTIFICATES- ENCRYPTING - DECRYPTING
• Much of the information necessary to create a behavioral model can be obtained by observing the external manifestation of the existing
• On designing retaining walls it is necessary to take care of                      exerted by soil mass.
• It is often difficult to estimate size at an early stage in a project when only a specification is available
• Which of the following states that work expands to fill the time available.
• In Schedule contract the contractor undertakes the execution or construction of specific work with all its contingencies, to complete it in all respect within a specified time for a fixed amount.
• A                                  can be used on wet ground and in all conditions of weather.
• A                    is developed using historical cost information that relates some software metric to the project cost.
• Which of these reports provide information without any evaluation?
• Which of these reports are written for recording information?