Question: Your answer 5 points Question (b): If the package was received by The Capitol Building's mail clerk, then hand delivered to Room 203 at 11:45
Your answer 5 points Question (b): If the package was received by The Capitol Building's mail clerk, then hand delivered to Room 203 at 11:45 AM, at which time the contractor realized it made a major mistake in its bid, could the contractor withdraw its bid without penalty? Explain why or why not. (5 points) Your answer 8 points Question (c): Assume the bids were opened at 12:00 PM, and the contractor was determined to be the lowest responsible bidder, with the next closest bid being $425,000 more (15% higher than the contractor's. Immediately after the bid opening, the contractor realized it made a mistake in its bid due where one of the line items stated the price as $12,500, when it should have been $125,000. Would the contractor be permitted to withdraw its bid without penalty? Explain why or why not. Include in your explanation any facts or evidence that would hurt or help the contractor's argument in trying to convince the government to allow it to withdraw the bid. (8 points) Your answer (a) Explain the difference between the two payment clauses below. (4 8 point dage Question (c): Assume the bids were opened at 12:00 PM, and the contractor was determined to be the lowest responsible bidder, with the next closest bid being $425,000 more (15% higher) than the contractor's. Immediately after the bid opening, the contractor realized it made a mistake in its bid due where one of the line items stated the price as $12,500, when it should have been $125,000. Would the contractor be permitted to withdraw its bid without penalty? Explain why or why not. Include in your explanation any facts or evidence that would hurt or help the contractor's argument in trying to convince the government to allow it to withdraw the bid. (8 points) Your answer 5 points Question (b): If the package was received by The Capitol Building's mail clerk, then hand delivered to Room 203 at 11:45 AM, at which time the contractor realized it made a major mistake in its bid, could the contractor withdraw its bid without penalty? Explain why or why not. (5 points) Your answer 8 points Question (c): Assume the bids were opened at 12:00 PM, and the contractor was determined to be the lowest responsible bidder, with the next closest bid being $425,000 more (15% higher than the contractor's. Immediately after the bid opening, the contractor realized it made a mistake in its bid due where one of the line items stated the price as $12,500, when it should have been $125,000. Would the contractor be permitted to withdraw its bid without penalty? Explain why or why not. Include in your explanation any facts or evidence that would hurt or help the contractor's argument in trying to convince the government to allow it to withdraw the bid. (8 points) Your answer (a) Explain the difference between the two payment clauses below. (4 8 point dage Question (c): Assume the bids were opened at 12:00 PM, and the contractor was determined to be the lowest responsible bidder, with the next closest bid being $425,000 more (15% higher) than the contractor's. Immediately after the bid opening, the contractor realized it made a mistake in its bid due where one of the line items stated the price as $12,500, when it should have been $125,000. Would the contractor be permitted to withdraw its bid without penalty? Explain why or why not. Include in your explanation any facts or evidence that would hurt or help the contractor's argument in trying to convince the government to allow it to withdraw the bid. (8 points)