Utah Contractor Practice Exam

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Prepare for the Utah Contractor Exam with comprehensive quizzes and study resources. Gain confidence by accessing multiple-choice questions designed to enhance your knowledge and skills for the licensing exam.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

_________ occurs when the subcontractor approaches the general contractor after the project was awarded with the intent of lowering the original price on bid day.

Bid Peddling
Bid Rigging
Bid Shopping
None of the above

The correct answer is: Bid Peddling

Bid peddling occurs when a subcontractor attempts to negotiate a lower price with the general contractor after the contract has already been awarded. This practice is typically seen as unethical as it undermines the integrity of the bidding process. The original agreement comes after competitive bidding, and by trying to lower the price post-award, the subcontractor may be attempting to take advantage of the contractor's urgency to control costs or complete the project. Understanding this concept is important in the context of maintaining competitive and fair contracting processes. It provides insights into potential manipulative behaviors in the construction industry and the importance of following ethical bidding practices.