Which term describes a written change, addition, alteration, correction or revision to a bid, proposal or contract document?

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Multiple Choice

Which term describes a written change, addition, alteration, correction or revision to a bid, proposal or contract document?

Explanation:
A written change, addition, alteration, correction, or revision to bid, proposal, or contract documents is called an addendum. It’s issued during the bidding process to clarify requirements, fix errors, or add new information so that all bidders base their submissions on the same updated documents. This ensures fairness and consistency across all proposals. Why this fits best: the term explicitly describes modifying the documents in writing, which is exactly what an addendum does. The other options don’t fit: late bids refer to timing of submission, not content changes; a responsive bidder is about meeting requirements, not document updates; and price analysis is about evaluating pricing, not making changes to the documents.

A written change, addition, alteration, correction, or revision to bid, proposal, or contract documents is called an addendum. It’s issued during the bidding process to clarify requirements, fix errors, or add new information so that all bidders base their submissions on the same updated documents. This ensures fairness and consistency across all proposals.

Why this fits best: the term explicitly describes modifying the documents in writing, which is exactly what an addendum does. The other options don’t fit: late bids refer to timing of submission, not content changes; a responsive bidder is about meeting requirements, not document updates; and price analysis is about evaluating pricing, not making changes to the documents.

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