Question: Which statement about allocation of risk regarding differing site conditions and bidding is not correct? A contractor bids higher for a project on which he

Which statement about allocation of risk regarding differing site conditions and bidding is not correct?

A contractor bids higher for a project on which he assumes more risk regarding differing site conditions.

Unit prices in a bid help to mitigate the risk of differing site conditions to an owner and a contractor.

A contractors bid will be affected by the allocation of risk.

Differing site conditions are typically less of a source of contention for cost-plus contracts than for lump-sum contracts.

An owner should expect higher bids if he accepts more of the risk for himself regarding differing site conditions

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