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Author Question: What would cause a contractor to be disqualified for not being a responsive bidder? What will be ... (Read 38 times)

clmills979

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on: Jul 26, 2018
What would cause a contractor to be disqualified for not being a responsive bidder?
 
  What will be an ideal response?

Question 2

What is the major advantage of forming a corporation rather than operating as a sole proprietorship?
 
  What will be an ideal response?


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moormoney

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Reply #1 on: Jul 26, 2018
Answer to Question 1

Some of the reasons a contractor would be disqualified from a bid for not being a responsible bidder are not having sufficient funds to perform a project, not having sufficient experience in the particular kind of work, having an unsatisfactory reputation, and inadequate staff and equipment.

Answer to Question 2

The major disadvantage of forming a corporation rather than a sole proprietorship is that corporations are separate legal entities which means the only assets that are involved in liability issues are the assets of the corporation and not of the individuals working for the corporation.


clmills979

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Reply 2 on: Jul 26, 2018
Wow, this really help

amit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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