GNG 4170 Chapter Notes - Chapter 4: Certified Check
Document Summary
An ontario municipality (the owner ) decided to update and expand its water treatment facilities. To do so, the owner invited competitive tenders from contractors for the construction of a new water treatment facility. The owner"s consultant on the project designated a facility and prepared the tender documents to be given to potential contractors interested in bidding on the project. In addition, the tendering instructions contained the following provision describing the circumstances in which the owner would be entitled to retain the tender deposit: Xyz constructors inc. ( xyz ) submitted its tender in accordance with the tender documents. Approximately ten minutes after the official time for submitting bids had expired, xyz discovered that it had made a clerical mistake in preparing its tender: xyz had mistakenly copied a figure from a calculation sheet. Due to the clerical error, xyz had omitted an amount of ,000 from its tender price of ,300,000.