What is the primary function of Contractors and Subcontractors in the bidding process?

The primary function of Contractors and Subcontractors in the bidding process is to prepare and submit their bids to the General Contractor. This phase is crucial as it directly impacts the project's success and the competitive landscape of the bidding process. Contractors, often general contractors, compile and present bids that detail costs, timelines, and the scope of work, demonstrating their ability to complete the project in accordance with the provided specifications. Subcontractors also prepare bids for specific portions of the work, which are included in the general contractor's overall proposal.

By submitting their bids, Contractors and Subcontractors provide valuable insight into how they plan to execute the project, influencing which team ultimately secures the contract. This interaction is foundational for establishing clear expectations regarding pricing and deliverables, setting the stage for subsequent project phases.

The other options pertain to important activities within project management but do not capture the primary role of Contractors and Subcontractors in this early phase of the project lifecycle. For instance, reviewing bids from suppliers is an aspect of procurement management but occurs after bids have been submitted; coordinating project timelines and negotiating contract terms are crucial responsibilities throughout the project execution but are not specific to the initial bidding process.