Which one of the following questions is relevant to the construction estimates?
A. Did the estimators precisely evaluate site conditions
B. Did the estimators use short cut methods which may be unrealistic in their situation
C. How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost
D. All of these
Answer: Option D
This Question Belongs to Civil Engineering >> Engineering Economics
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The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
A. 8% is the rate of interest per year
B. Money is borrowed for n = 7 years
C. Both (A) and (B)
D. Neither (A) nor (B)
A. Sole proprietorship
B. Entrepreneurship
C. Partnership
D. Corporation
A. P 43,600.10
B. P 43,489.47
C. P 43,263.91
D. P 43,763.20
A. Architect/engineer
B. Construction manager
C. Owner himself/herself
D. Construction manager
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