. An equipment installation job can be completed in 50 days of 8 hour/day work, with 50 men working. With the contract expiring in 40 days and overtime not permitted, the mechanical engineer-contractor decided to add 15 men on the job. If the liquidated damages are P5000.00/day of delay, and the men are paid P150.00/day, how much money would he save with the additional workers?

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter13: Pricing Subcontractors' Work
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Engineering Economics 00010 Please provide a solution for this problem
. An equipment installation job can be completed in
50 days of 8 hour/day work, with 50 men working.
With the contract expiring in 40 days and overtime
not permitted, the mechanical engineer-contractor
decided to add 15 men on the job. If the liquidated
damages are P5000.00/day of delay, and the men
are paid P150.00/day, how much money would he
save with the additional workers?
Transcribed Image Text:. An equipment installation job can be completed in 50 days of 8 hour/day work, with 50 men working. With the contract expiring in 40 days and overtime not permitted, the mechanical engineer-contractor decided to add 15 men on the job. If the liquidated damages are P5000.00/day of delay, and the men are paid P150.00/day, how much money would he save with the additional workers?
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