You have been given the job of creating a tender estimate for a bridge construct
ID: 1827927 • Letter: Y
Question
You have been given the job of creating a tender estimate for a bridge construction.
You have estimated quantities for various work items, as shown below:
Item 1: 1200 m3 of soil excavation
Item 2: 1700 m3 of rock excavation
Item 3: 2900 m3 of concrete
Tender responses are shown below:
Tenderer 1 submitted the following figures:
Unit cost for soil excavation = 10
Unit cost for rock excavation = 30
Unit cost for concrete = 95
Tenderer 2 submitted the following figures:
Unit cost for soil excavation = 40
Unit cost for rock excavation = 35
Unit cost for concrete = 110
Tenderer 3 submitted the following figures:
Unit cost for soil excavation = 35
Unit cost for rock excavation = 20
Unit cost for concrete = 100
Work item
Volume (m3)
Tender #
Unit cost ($/m3)
Total cost ($)
Soil excavation
1200
1
10
12000
2
40
48000
3
35
42000
Rock excavation
1700
1
30
51000
2
35
59500
3
20
34000
Concrete
2900
1
95
275500
2
110
319000
3
100
290000
What is the cost of the lowest tender?
Work item
Volume (m3)
Tender #
Unit cost ($/m3)
Total cost ($)
Soil excavation
1200
1
10
12000
2
40
48000
3
35
42000
Rock excavation
1700
1
30
51000
2
35
59500
3
20
34000
Concrete
2900
1
95
275500
2
110
319000
3
100
290000
Explanation / Answer
tender is the one with low cost and it is $338,500
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.