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1.3.2 UNIT PRICE BID SCHEDULE of Prices for the Construction of the: BUTTERFIELD 10 FORCE MAIN RELOCATION AT PINE AVENUE AND CHINO CREEK CITY OF CHINO HILLS PROJECT NO. D16001 (Revised per Addendum

How to fill out 2 unit price bid

How to Fill Out 2 Unit Price Bid:

1. Gather all the necessary information: Before starting to fill out the 2 unit price bid, make sure you have all the relevant information at hand. This may include project details, specifications, quantities, and any other relevant documents provided by the client or project owner.
2. Understand the unit price concept: Unit price bidding involves providing costs for individual units of work or items, rather than a lump sum price for the entire project. Familiarize yourself with the unit price concept and make sure you understand how to calculate and present your unit prices accurately.
3. Review the bid form: Carefully review the bid form provided by the client or project owner. Take note of any specific instructions, sections, or requirements that are essential to filling out the bid accurately.
4. Provide accurate quantities: In the bid form, you will typically be asked to provide the quantity of each unit you are bidding on. Ensure that your quantities are accurate and match the project requirements. Double-check your calculations to avoid any errors.
5. Calculate unit prices: Once you have the quantities, calculate the unit prices for each item or unit of work. This involves dividing the total cost for each item or unit by its respective quantity. Make sure to include all direct costs, such as materials, labor, equipment, and overheads, in your calculations.
6. Consider additional costs: Be aware of any additional costs or allowances that may need to be factored into your bid. These could include contingency amounts, taxes, insurance, transportation costs, or any other expenses specific to the project.
7. Present your bid professionally: Take the time to organize your bid in a clear and professional manner. Use a spreadsheet or bid template if available, and ensure that all calculations and figures are easily understandable. Include any supporting documentation or clarifications as required.

Who Needs 2 Unit Price Bid?

1. Contractors: Construction contractors involved in projects where unit price bidding is required will need to fill out a 2 unit price bid. This allows them to provide detailed pricing for each unit of work involved in the project and compete effectively with other contractors.
2. Project Owners: Owners of construction projects often request unit price bids to compare costs and select the most suitable contractor. By receiving unit price bids, project owners can evaluate the pricing structures and make informed decisions based on factors like cost efficiency.
3. Subcontractors: Subcontractors who are responsible for specific portions of a larger project might also be required to fill out 2 unit price bids. This allows them to offer pricing for their specialized services or materials while still aligning with the overall unit price bidding structure of the main contractor.

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