Practice Bid Shopping (10.1) - General Principles of Contracts Management
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Bid Shopping

Practice - Bid Shopping

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is bid shopping?

💡 Hint: Think about what happens once the contract is awarded.

Question 2 Easy

Why is bid shopping a concern?

💡 Hint: Consider how it affects the project outcome.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does bid shopping refer to?

Cutting costs by changing materials
Seeking cheaper subcontractors after contract award
Evaluating contractor performance

💡 Hint: Consider what happens after a contractor wins a bid.

Question 2

True or False: Bid shopping enhances project quality.

True
False

💡 Hint: Think about the implications of seeking lower costs.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A contractor is accused of bid shopping on a significant infrastructure project. Analyze the potential legal and financial repercussions they could face.

💡 Hint: Consider the interplay of legal standards and market ethics.

Challenge 2 Hard

Design a compliance framework that construction companies could adopt to minimize the risk of bid shopping.

💡 Hint: Think about processes that can enforce ethical bidding.

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Reference links

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