1. What is typically included in a “fully burdened" labor rate for a tradesperson working for a subcontractor? a. Cost of workers comp insurance b. Base wage rate c. Subcontractor's profit d. Subcontractors home office overhead e. All of the above f. (a) and (b) above 2. Builder's risk insurance does not cover: Damage to adjacent properties caused by the construction process A building that burns down during construction. Copper wire stolen from the jobsite. Broken glass caused by storm-blown debris. It covers all of the above (a), and (c) above. а. b. c. d. е. f. 3. General Contractors perform take-offs in order to: Prepare a budget estimate for an Owner Prepare a schedule for an Owner Understand project scope а. b. с. d. All of the above e (a) and (c) above.

1. What is typically included in a “fully burdened" labor rate for a tradesperson working for a subcontractor? a. Cost of workers comp insurance b. Base wage rate c. Subcontractor's profit d. Subcontractors home office overhead e. All of the above f. (a) and (b) above 2. Builder's risk insurance does not cover: Damage to adjacent properties caused by the construction process A building that burns down during construction. Copper wire stolen from the jobsite. Broken glass caused by storm-blown debris. It covers all of the above (a), and (c) above. а. b. c. d. е. f. 3. General Contractors perform take-offs in order to: Prepare a budget estimate for an Owner Prepare a schedule for an Owner Understand project scope а. b. с. d. All of the above e (a) and (c) above.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter9: Pricing Construction Equipment

Section: Chapter Questions

Problem 2RQ

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Similar questions

Give me right answer with explanation.
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