Bid estimates are usually made up of a combination of the following approaches:Detailed estimatesSubcontractor quotationsBill of quantitiesAll of the above

Bid estimates are usually made up of a combination of the following. The correct answer is All of…

Answered: Bid estimates are usually made up of a…

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

List the processes of preparing bid estimates and briefly describe or explain each one.
The first progress payment received by the contractor is signifiedby the first vertical segment of the income curve inFigures 4.1, 4.2, and 4.3. Why is this first payment shown atthe end of the second month instead of at the end of the firstmonth?
A. Addenda C. Cost plus B. Lump sum G. Escape clause H. Liquidated Damages 1. Alternates N. Retainage D. Field Change E. Latent Defect F. Cardinal Change K. Bid Options P. Precon. Meeting L. Value Engineering J. Unit Price O. General conditions M. Fixed fee 29. A change order that is of such magnitude that the original scope of the project is altered to an extent that constitutes a new contract is known as a 30. The underlying purpose of the the rules under which the project will be built. or boilerplate of a construction contract is to outline 31. The exact bid amount is paid in one lump sum payment after completion of the project in a contract. 32. The contractor is reimbursed for actual expenses plus a percentage markup in a contract. 33. The actual number of units put in place is measured, then the unit price is multiplied by the number of units installed in a contract. 34. A study examines the functions of goods and services for the purpose of achieving necessary functions at the…
Write how site conditions affecting contract price. Explain Time Scheduling of different construction activates for the execution of the projects.
What is a nonresponsive bid?
Define the term nonresponsive bid?
Explain why the bid estimates are not always equivalent to the final contract amount after the project is completed.
I have a test that I need to answer in half an hour
The arrows on a Cash Flow Diagram need to be drawn to scale? a) True b) False
On a unit-price contract, what is the “contract price”?
The process of controlling workflow procedures in the project, and to ensure the achievement of financial benefits, it must be programmed and scheduled in one of the approved methods, including (the method of events on shares). What are the benefits of using this method?7]
What are two or three things that might have been in a bid submittal that might result in the bid being declared unresponsive?

Recommended textbooks for you

Structural Analysis

Civil Engineering

ISBN:

9781337630931

Author:

KASSIMALI, Aslam.

Publisher:

Cengage,

Structural Analysis (10th Edition)

Civil Engineering

ISBN:

9780134610672

Author:

Russell C. Hibbeler

Publisher:

PEARSON

Principles of Foundation Engineering (MindTap Cou…

Civil Engineering

ISBN:

9781337705028

Author:

Braja M. Das, Nagaratnam Sivakugan

Publisher:

Cengage Learning

Structural Analysis

Civil Engineering

ISBN:

9781337630931

Author:

KASSIMALI, Aslam.

Publisher:

Cengage,

Structural Analysis (10th Edition)

Civil Engineering

ISBN:

9780134610672

Author:

Russell C. Hibbeler

Publisher:

PEARSON

Principles of Foundation Engineering (MindTap Cou…

Civil Engineering

ISBN:

9781337705028

Author:

Braja M. Das, Nagaratnam Sivakugan

Publisher:

Cengage Learning

Fundamentals of Structural Analysis

Civil Engineering

ISBN:

9780073398006

Author:

Kenneth M. Leet Emeritus, Chia-Ming Uang, Joel Lanning

Publisher:

McGraw-Hill Education

Sustainable Energy

Civil Engineering

ISBN:

9781337551663

Author:

DUNLAP, Richard A.

Publisher:

Cengage,

Traffic and Highway Engineering

Civil Engineering

ISBN:

9781305156241

Author:

Garber, Nicholas J.

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

Bid estimates are usually made up of a combination of the following approaches: Detailed estimates Subcontractor quotations Bill of quantities O All of the above