Executive: The process of submitting bids for architectural

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BTGmoderatorDC: Moderator; Posts: 7187; Joined: Thu Sep 07, 2017 4:43 pmFollowed by: 23 members

by BTGmoderatorDC » Tue Jul 30, 2019 5:59 pm

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Executive: The process of submitting bids for architectural contracts should be restructured because when a contractor bids for a contract, the contractor is acutely aware that other contractors will be submitting bids for the same contract. Therefore, the amount of a bid is not an accurate gauge of how much a contract is actually worth.

Which of the following is an assumption made in drawing the conclusion above?

A. Contractors often charge outrageous amounts for even simple architectural projects.

B. An alternative method for awarding architectural contracts already exists.

C. Some contractors who compete for land management projects do so by systems other than submitting bids.

D. Some architectural contractors base the amount of their bids on factors other than the amount of money necessary to complete the contract.

E. The information provided to those who hire contractors is not sufficient for them to decide which contractor to hire.

OA D

Source: Princeton Review

Source: Beat The GMAT — Critical Reasoning | Tue Jul 30, 2019 5:59 pm

deloitte247: Legendary Member; Posts: 2214; Joined: Fri Mar 02, 2018 2:22 pmFollowed by: 5 members

by deloitte247 » Sat Aug 03, 2019 9:59 am

We need to find what makes the number of a bid, not an accurate gauge of how much a contract is actually worth in the argument.
Premise: The process of submitting bids for architecture should be restructured.
Conclusion: The number of a bid is not an accurate gauge of how much contact is actually worth.

OPTION A - INCORRECT
There is no indication or evidence to back this up in the argument.

OPTION B - INCORRECT
Whether or not another alternative method for awarding architectural contract exists is unknown in the course of this argument.

OPTION C - INCORRECT
There is no information regarding this in the argument.

OPTION D - CORRECT
It is quite possible that the number of bids is not based on the amount of money necessary to complete the contract. The inclusion of other factors might be the reason for the amount of bid not being the accurate gauge of how much a contract is worth.

OPTION E - INCORRECT
The conclusion is not about which contractor to hire.

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