Question: What does the function of the pre-bid day estimate on bid day?

What does the function of the pre-bid day estimate on bid day?

Step by Step Solution

★★★★★

3.48 Rating (145 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The function of the prebid day estimate on bid day is to provide contractors with an initial estimat... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Construction Cost Estimating Questions!

Q:

Wangs Concrete Service notes that the number of jobs each month follows the following distribution: 10 with probability 0.15, 11 with probability 0. 20, 12 with probability 0.20, 13 with probability...

Q:

If you had $1,000,000 and the choice to invest in either ASX Woolworth (WOW) or Coles (COL) - as an investor, How would you distribute your money. Do you recommend any/both or not investing in these...

Q:

A IPv4 CIDR block has 64 addresses (including addresses where the host id bits are all 0's and all 1's). What is the mask in binary for this block?

Q:

An NMS is used to track performance data indicators, including bandwidth utilization, packet loss, latency, availability, and uptime of routers, switches, and other network components. Explain the...

Q:

It is customary for the OIC to take the pre-bid day estimate home the evening before bid day. What type of information would he or she be checking for? What other documents related to the estimate...

Q:

Business Event Analysis: Complete the following table based on the specified NBD event. Receive Shipment (From Supplier) Trigger(s) (also indicate type) Collected Data (originates as input for event)...

Q:

Prepare a close-out log for the hotel case study. Include at least ten subcontractor and supplier categories. Make whatever assumptions are necessary. Hotel Case Study: Many additional elements are...

Q:

**** Need help with completing an excel spreadsheet regarding the following information, please *** Need help incorporating a feasible discount rate that takes into account maintenance and other...

Q:

Understanding Foreign exchange Quotes (Supplementary) Week 2 (Answers will not be provided) Following foreign exchange quotes have been abstracted from Westpac Banking Corporation, (date 4th 1. Are...

Q:

Looking back at the CIP elevated slab formwork example at the end of the CIP concrete systems section, which of the three estimating options would be the best choice: (A) In a budget estimate. (B) ...

Q:

You are the procurement manager for a large municipality who has issued a formal invitation to bid (ITB) to supply fire equipment to your municipality, which are critically needed by the growing...

Q:

ABC Corp. is a U.S.-based company that operates in multiple countries, including Country A and Country B. ABC Corp. is considering two possible investments: Investment 1, which involves investing $10...

Q:

How does the real options approach apply to the selection of IT projects?

Q:

Which of the following is not a characteristic of negotiable certificates of deposit? Group of answer choices Short term to maturity High marketability Small denomination Low default risk

Q:

LO.3 Jarret owns City of Savannah bonds with an adjusted basis of $100,000. During the year, he receives interest payments of $3,000. Jarret partially financed the purchase of the bonds by borrowing...

Q:

If you were a nonprofit CEO, what concerns might you have about collaborating with a local government agency?

Q:

Read the article, Nonprofit Public Collaborations: Understanding Governance Dynamics by Cornforth, Hayes, and Vangen. (See Articles.)What do the authors mean by the term collaborative windows?...

Q:

Read the article, Nonprofit Public Collaborations: Understanding Governance Dynamics by Cornforth, Hayes, and Vangen. (See Articles.) Describe what the authors have to say about the governance of...

Q:

her retirement account at the end of 30 years. (Round your answer to the nearest dollar.) $ her retirement account at the end of 30 years. (Round your answer to the nearest dollar.) $

Q:

Technology used in connecting home devices to communicate is termed as.6 2 (2 ) Bluesnarfing O Virtualization Cloud computing None of them O

Q:

5 Jay's Bakery has a bond issue outstanding that matures in eight years. The bonds pay interest semiannually. Currently, the bonds are quoted at 97.8 percent of face value and carry a coupon rate of...