Calculation of Line Item Total Payment in Unit Price Contract: A unit price item for pipeline construction is estimated at $200/linear foot for a job estimated to be for 1,000 linear feet. If the price is valid within a 10% quantity range, circle the correct answer (Yes or No) (Y/N) If the actual quantity placed is 950 linear feet, then the contractor is entitled to $190,000 (Y/N) If the actual quantity placed is 850 linear feet, then the contractor is entitled to more than $170,000 (Y/N) If the actual quantity placed is 1,050 linear feet, then the contractor is entitled to less than $210,000
Calculation of Line Item Total Payment in Unit Price Contract: A unit price item for pipeline construction is estimated at $200/linear foot for a job estimated to be for 1,000 linear feet. If the price is valid within a 10% quantity range, circle the correct answer (Yes or No) (Y/N) If the actual quantity placed is 950 linear feet, then the contractor is entitled to $190,000 (Y/N) If the actual quantity placed is 850 linear feet, then the contractor is entitled to more than $170,000 (Y/N) If the actual quantity placed is 1,050 linear feet, then the contractor is entitled to less than $210,000
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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