Question: Why would a construction contractor perform precon for free? Why would they do so below cost? Would an estimating or scheduling consultant do this work

Why would a construction contractor perform precon for free? Why would they do so below cost? Would an estimating or scheduling consultant do this work at a loss?

Step by Step Solution

★★★★★

3.57 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Construction contractors may offer preconstruction services for free or below cost for several reaso... View full answer

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!

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Hyten Corporation On June 5, 1998, a meeting was held at Hyten Corporation, between Bill Knapp, Director of Marketing/Sales, and John Rich, director of engineering. The purpose of the meeting was to...

THIRD AVENUE SOFTWARE HEALTH-CARE APP PROJECT This case is new for the ninth edition of Information Technology Project Management . The case provides an opportunity to apply agile and Scrum...

Why would a construction company perform preconstruction for free? Why would they do so below cost? Would an estimating or scheduling consultant do this work at a lose?

In project Part 2, we create a schedule and accurate budget for your project. You need to focus on detailed cost estimating, scheduling, and cost justification. Estimating includes specific...

DUCTION TO CONSTRUCTION ESTIMATING By Brian L. Swope, MTM, CCM Bowling Green State University College of Technology WHAT IS AN ESTIMATE? It is an assessment of the probable total cost of a project...

State of Rev. 133/2Cc CONSTRUCTION CONTRACT AGREEMENT day of This Construction Contract Agreement (this Agreement") is made as of the by and between an individual located at ("Owner") and an...

Project Management Casebook David I. Cleland, Karen M. Bursic, Richard Puerzer, and A. Yaroslav Vlasak Library of Congress Cataloging-in-PublicationData Project management casebook /edited by David...

GSH TERM-CONTRACTING IRREGULARITIES Background The Government Services Handling (GSH), frequently referred to as the housekeeper of the Federal Government," is an agency that deals in a vast range...

Air at 510C flows at 60,9m/s through a thin walled 2.54 cm diameter copper tube is surroundings at 272C, for the purposs alysis, radiation heat transfer from the outside surface of the tube. of an an...

Suggest and discuss at least five possible measures for each of the ten generic benchmarking categories.

The interest rate a company pays on loans depends in part onNext its debt - equity ratio and interest coverage ratio in the prior year. its current ratio, debt - asset ratio, and operating profit as...

LO.4,10 Roy decides to buy a personal residence, and he goes to the bank for a $150,000 loan. The bank tells Roy that he can borrow the funds at 4% if his father will guarantee the debt. Roy's...

Choose a variable-pay program and describe its motivational impact.

Can motivational theories be applied across cultures?

Can motivational theories be applied across cultures? Discuss.

Assume a single taxpayer is taxed at 10% on the first $9,875 of taxable income, 12% on the next $30,250 of income, and at 22% for the following $45,400 of income. What is the tax liability for a...

Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its annual budgeting process: Required:...

Office Furniture Makers, Inc. uses machines to produce high quality office chairs for other firms. The initial cost of one customized machine is $750,000. This machine costs $12,000 a year to...