Discussion Overview
The discussion revolves around the implications of contractors submitting high tenders in lump sum contracts, exploring the reasons behind this practice and the understanding of its meaning within the context of construction contracts.
Discussion Character
- Conceptual clarification, Debate/contested
Main Points Raised
- One participant expresses confusion about the meaning of contractors submitting high tenders in lump sum contracts, questioning whether the contract is finalized once the money is given.
- Another participant explains that contractors may ask for more than the actual cost to account for uncertainties and avoid potential losses, suggesting that a buffer is included in their tender.
- Some participants mention "unforeseen conditions" and "errors and omissions" in construction documents as reasons for contractors to submit higher tenders.
- A later reply challenges the relevance of unforeseen conditions and errors to the concept of high tenders, stating that these factors do not directly relate to the submission of a high tender.
Areas of Agreement / Disagreement
Participants do not reach a consensus on the implications of high tenders, with some agreeing on the rationale behind including buffers for uncertainties, while others dispute the relevance of specific reasons cited.
Contextual Notes
The discussion highlights potential misunderstandings regarding the relationship between high tenders and unforeseen conditions, indicating that assumptions about the contract's finality and cost implications may vary among participants.
