It is for construction estimating class. Note: no hand writing because it is som
ID: 1839029 • Letter: I
Question
It is for construction estimating class. Note: no hand writing because it is sometimes not clear. Thank you 38. List four costs that must be established for a detailed estimate (4 pts)? b. 39. List three types of subcontractors (3 pts) 40. List three items that may be covered in supplementary conditions (6 pts)? 1. List four factors to consider when deciding to bid or not to bid on a project (from the contractor standpoint) (4 pts) d. 42. List two types of equipment ownership costs (4 pts). 43. List two types of equipment operating costs (4 ptsExplanation / Answer
39)
We have three types of subcontractors.
a) Domestic subcontractor:-
He is the one who selected and appointed by main contractor.
b) Nominated subcontractor:-
He is the one who selected by client to do element of works.
c)Named subcontractor:-
These are selected for particular package from a list of acceptable subcontractors provided by client.
41)
We have different factors to bid or not bid.
a)Risk of the project
b)Need for work
c) Strength of firm
d) competitions
e)Project conditions contributing to profitability.
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