With Knowledge of Potential Risks, the Contractor Can Include Contingency

question 60

True/False

With knowledge of potential risks, the contractor can include contingency or management reserve amounts in the bid price.

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Definitions:

Choanae

The internal nostrils located at the back of the nasal cavity in vertebrates, connecting the nasal passages to the throat.

Primary Bronchus

One of the two main branches of the trachea that lead directly into the lungs, conducting air in and out.

Secondary Bronchus

A branch of the primary bronchus that further divides into smaller airways in the lungs, known as tertiary bronchi.

Hilus

The part of an organ where blood vessels, nerves, and other structures enter or exit, commonly referenced in the context of the lungs and kidneys.