Answer:
It serves as a guarantee that the contractor who wins the bid will honor the terms of the bid after the contract is signed.
Explanation:
A bid bond is a type of construction bond that protects the obligee in a construction bidding process.
A bid bond typically involves three parties:
The obligee; the owner or developer of the construction project under bid. The principal; the bidder or proposed contractor.
The surety; the agency that issues the bid bond to the principal example insurance company or bank.
A bid bond generally serves as a guarantee that the contractor who wins the bid will honor the terms of the bid after the contract is signed.
Answer:
TRUE
Explanation:
Polymers can be natural as well as synthetic
The polymer which are found in nature are called natural polymer tease polymer are not synthesized, they are found in nature
Example of natural polymers is cellulose, proteins etc
On the other hand synthetic polymers are not found in nature they are synthesized in market
There are many example of synthetic polymer
Example : nylon, Teflon etc
So it is a true statement
Answer: 150m
Explanation:
The following can be depicted from the question:
Dimensions of outer walls = 9.7m × 14.7m.
Thickness of the wall = 0.30 m
Therefore, the plinth area of the building will be:
= (9.7 + 0.30/2 + 0.30/2) × (14.7 × 0.30/2 + 0.30/2)
= 10 × 15
= 150m
