If you prepared an OM estimate for ACT for $100,000 on your own project and one of

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If you prepared an OM estimate for ACT for $100,000 on your own project and one of the following happens on bid day, what do you do?

a. Not one subcontractor bid is received.

b. One subcontractor bid of $90,000 is received.

c. One subcontractor bid of $110,000 is received.

d. Two subcontractor bids are received, one at $50,000 and another at $95,000, or

e. Two subcontractor bids are received, one at $105,000 and one at $150,000.

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Construction Cost Estimating

ISBN: 9780367902681

1st Edition

Authors: John E. Schaufelberger, Len Holm

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Question Posted: Dec 25, 2023 05:00 AM

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If you prepared an OM estimate for ACT for $100,000 on your own project and one of

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Handling Unexpected Subcontractor Bids in an OM Estimate for ACT As you havent specified the context of OM estimate or ACT Ill consider these generic ...View the full answer

Construction Cost Estimating

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