LARE Practice Exam 2025 – Complete Resource for Test Preparation

The correct order of the items in the construction bidding process reflects the logical sequence of events from the initial stages of bidding through to contract completion and payment certification.

Initially, addenda are issued to clarify or modify the original bid documents, ensuring that all bidders have the most current information. After the period for submitting bids closes, the bid tabulation occurs, where all received bids are reviewed and compared. This is followed by the notice of award, which formally informs the winning bidder that their bid has been accepted and that they will be awarded the contract.

Next in the sequence is contract signing, where the awarded bidder enters into a legal agreement with the project owner, outlining the terms of the project including scope, cost, and timeline. The final step is the certification of payment, where the contractor submits invoices for work completed, and this payment is certified for processing.

This order is crucial in maintaining an organized bidding process and ensuring that each step leads logically to the next, ultimately resulting in a clear framework for project execution and financial management.