How do we handle a possible added addendum after purchase?
All project summaries will include any addendum(s) information included in pre-estimated listings when noted during the project quantity takeoff process. If there is a instance where addendum(s)is issued after the purchase of the pre-estimated construction project, the General Contractor you submitted your bid to will as is common practice send you notification. At which point you may review it yourself and make your own changes or for a fee we will review it and make the changes for you. Any addendum issued before or during the takeoff process is incorporated in the pre-estimated quantity takeoff at no additional charge. All Addendum(s) if any will be noted in the project summary as (Reviewed Addendum 1,2,3,A,B,C, or None-Reviewed Because there is none). Reviewed addendum(s) will include the letter, number or identifier of the addendum(s) and the date it was processed. If the listing states None-Reviewed, it means there were no addendum(s)requested by GC during or before the project was listed.
Addendum Fee Schedule:(For An Instance Where an Addendum(s) is Issued after customer purchase)
1)(RFR)Request for Review Only: $25 (We will review addendum(s)and provide a summary overview for you only)
2)(RFP) Request for Proposal: $75 (We will review addendum(s)and make any necessary changes to the current quantity takeoff if needed)
Note: How do you know if there was an addendum issued for your project after it is purchased? If you submitted a bid to a General Contractor, it is common practice to get a notification from the General Contractor or company, person you bid to.
These projects have been pre-estimated by experienced contractors in the trades. It is the responsibility of the contractor bidding these projects to download the information and survey the information in the project documents before submitting any bid proposal(s). If you do not have at least 7 years of experience in the commercial, residential or industrial construction trades you are prohibited from purchasing projects for bidding purposes. If you are not a licensed contractor, you are also prohibited from purchasing construction project(s) for bidding purposes.
A construction addendum is a document that is added to and becomes a part of a construction contract. It is used to make modifications, clarifications, or additions to the original contract documents, typically the construction drawings and specifications. Addenda are common in the construction industry because they allow for changes or updates to the project's scope, requirements, or conditions after the initial contract has been issued. Here are some key points to understand about construction addenda:
Purpose: Construction addenda serve several purposes, including:
- Clarifying ambiguous or conflicting information in the original contract documents.
- Correcting errors or omissions in the contract documents.
- Introducing changes to the project scope, specifications, or requirements.
- Addressing unforeseen conditions or issues that arise during the course of the project.
Issuance: Addenda are typically issued by the party responsible for managing the construction project, often the architect or the general contractor. They are usually issued in response to questions or requests for clarification from bidders or contractors during the bidding process or after the contract has been awarded.
Incorporation: When an addendum is issued, it becomes a legal and binding part of the contract. Contractors and subcontractors are obligated to adhere to the information and changes outlined in the addendum, just as they would with the original contract documents.
Bidding Process: During the bidding process, contractors review the original contract documents, including any issued addenda, to prepare their bids accurately. Failure to consider and comply with addenda can lead to misunderstandings, disputes, or delays.
Numbering and Date: Each addendum is typically assigned a unique number (e.g., Addendum No. 1, Addendum No. 2) and includes a date of issuance. This helps to ensure that all parties are referencing the correct addendum when making decisions or performing work.
Communication: Addenda are a crucial means of communication between the project owner, the design team, and the contractors. They help ensure that everyone involved in the project is working with the most up-to-date and accurate information.
Contractual Agreement: Contractors who submit bids for a project are essentially agreeing to perform the work according to the terms and conditions outlined in the contract documents, including any addenda. Therefore, it's essential for contractors to carefully review all addenda before submitting bids or beginning work on a project.
In summary, a construction addendum is a formal document used in the construction industry to modify, clarify, or supplement the terms and specifications of a construction contract. It helps ensure that all parties involved have a clear and consistent understanding of the project's requirements and any changes that may arise during its execution.
IMPORTANT LEGAL DISCLAIMER NOTICE:
By Entering the Buy Bids Platform or purchasing construction services from Tool Tackle LLC, hereinafter referred to as DBA "Buy Bids" you acknowledge and agree to the following:
Responsibility: The legal weight and responsibility for the construction services purchased from Buy Bids shall lie solely with the purchaser or the business acquiring these services.
Indemnification: You agree to indemnify and hold harmless Tool Tackle LLC, Buy Bids, Pinch Estimating its owners, affiliates, associates, shareholders, officers, directors, employees, and agents from any claims, liabilities, losses, or damages arising out of the purchase and use of the construction services.
No Warranty: Buy Bids provides construction services "as is" without any warranty or guarantee, expressed or implied. Tool Tackle LLC makes no representations or warranties regarding the quality, fitness for a particular purpose, or suitability of the services for your specific needs.
Limitation of Liability: In no event shall Tool Tackle LLC, Buy Bids, Pinch Estimating its owner(s), affiliates, associates, shareholders, officers, directors, employees, or agents be liable for any direct, indirect, incidental, special, consequential, or punitive damages, or any other damages whatsoever, arising out of or in connection with the purchase and use of the construction services or its outcomes.
Independent Evaluation: You are encouraged to independently evaluate the construction services and seek legal or professional advice as needed before making any purchase.
This disclaimer is governed by the laws of Pennsylvania, and any disputes arising from or related to the purchase and use of construction services shall be subject to the exclusive jurisdiction of the courts located within Pennsylvania.
By proceeding with the Entering of Buy Bids platform or purchase of construction services from Buy Bids, you acknowledge that you have read, understood, and agreed to the terms and conditions set forth in this disclaimer.
Furthermore, Buy Bid projects have been pre-estimated by experienced professionals in the trades. It is the responsibility of the subcontractor/contractor bidding these projects to download the information and survey the information in the project documents thoroughly for bid requirements, Integrity, accuracy and expertise needed to perform project scope(s). Do not purchase any pre-estimated Buy Bids services unless you have solid professional experience in the trade(s)and or skill set(s) you are bidding of no less than 7 years. Do not purchase any pre-estimated Buy Bids services unless you have had an uninterrupted Valid consecutive 7 Years experience as a licensed contractor in the commercial, Residential or Industrial trades in which you intend to bid using our pre-estimated Buy Bid services. If you do not have at least 7 years and 1 day of experience in the commercial, residential or industrial trades you intend to bid on you are prohibited from purchasing projects for bidding purposes. If you are not a licensed contractor, you are also prohibited from purchasing construction project(s) for bidding purposes. If awarded or not awarded a project the outcome of all bid projects is the responsibility of the person or business entity submitting bid(s). All contractors must have experience with spreadsheets, plan markups, construction project summaries, contract reading, contract negotiations, billing Types (AIA), insurance requirements, Bonds, Shop Talk, Blueprint Reading, and the current construction bidding processes and so on.