Describe the Design-Bid-Build Contracting Method

question 14

Essay

Describe the Design-Bid-Build contracting method.

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Definitions:

Notification

The process of formally or officially informing someone about something.

Partnership Affairs

Aspects of business operations and decision-making that concern the relationship, responsibilities, and activities within a partnership.

Implied Authority

Authority of an agent that is not explicitly stated but inferred from the agent's actions or the circumstances.

Hire and Fire

The ability or authority of an employer to recruit new employees and, if necessary, terminate their employment.