The Design Firm Notices That a Large Item on a Project

question 122

Multiple Choice

The design firm notices that a large item on a project has accidently been left off the specifications. The design firm needs to inform bidders of the changes in the contract documents and the contract has not yet been awarded, they should issue:

• A)A change order
• B)An addendum
• C)An alternative specification form
• D)A condition change form

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Definitions:

Fiscal Investors

Individuals or entities that invest their resources with a focus on the tax implications and benefits, often to maximize returns or minimize liabilities.

Reporting Dealers

Financial institutions that are involved in the foreign exchange markets, providing detailed data on market activity to central banks.

Spread

The difference between the buy and sell price for a currency.

Foreign Exchange Trade

The act of buying and selling currencies with the aim of making a profit from the changes in their exchange rates.