Question: B) Assume that the general construction company requested bids from a number of subcontractors to do the plumbing in the complex. Sub 1 bid $950,000.
B) Assume that the general construction company requested bids from a number of subcontractors to do the plumbing in the complex. Sub 1 bid $950,000. Sub 2 bid $980,000 sub 3 bid $800,000. General construction company used the $800,000 bid in preparing its successful bid to build the center. After hearing that general got the contract, sub 3 looked again at the plans and immediately called general stating "I made a mistake. I was focusing on the hotel alone, not plumbing for the entire complex. My bid needs to be $100,000 higher." general responded, "you need to perform at the 800,000 bid price" can general enforce the $800,000 price
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