Explain why it might be acceptable for a contractor to have a GCs estimate percentage out of

Question:

Explain why it might be acceptable for a contractor to have a GCs estimate percentage out of the standard range, for example

a) 3%,

b) 12%.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting And Financial Management For Construction Project Managers

ISBN: 9781138550650

1st Edition

Authors: Len Holm

See More Books

Question Posted: Jan 18, 2024 05:00 AM

See More Questions

1. Explain why both of the situations in Activity 8.1 and Activity 8.2 are observational experiments. What key elements of a designed experiment are missing in each situation? 2. A movie company...
Explain why it might be more appropriate to declare an attribute that contains only digits as a character data type instead of a numeric data type.
Explain why it might be a good idea to get a contract in writing.
Why does the cost to load in an unconstrained system is lower compared to contrained with N - 1 Contingency in PLEXOS Modelling? What are the factors that affect the increase in cost to load during...
A rectangular plate of mass m is falling with a velocity v0 and no angular velocity when its corner C strikes an obstruction. Assuming the impact to be perfectly plastic (e = 0), determine the...
List and explain the steps in the networking process.
Why does the accounting for postretirement health care obligations create so much more difficulty for accountants and auditors than the accounting for and auditing of payroll expense?
Pauls Book Warehouse distributes hardcover books to retail stores and extends credit terms of 2/10, n/30 to all of its customers. At the end of May, Pauls inventory consisted of books purchased for...
The company is best buy. please find the numbers in the SEC List the stock market prices shown in the annual report. This information should cover at least each quarter for the past 2 years (...
Other than trying to keep costs down, why would an owner not want a contractor to include a standard GCs percentage add-on for every change order, regardless of scope?
Research AIA A102 and in what specific articles and paragraphs would the GC insert jobsite reimbursable costs?
The mutation in hemoglobin at 82 Lys Asp results in lowered O2-binding affinity compared to normal hemoglobin. 82 is one of the residues that lines the 2,3-BPG binding site. Based on the location of...
Suppose that an economy produces three goodsraisins (R), soybeans (S), and textiles (T). What would its PPF look like under conditions of constant opportunity costs? What would it look like with...
One of the most influential schemes for analyzing cultural differences among countries was developed by the Dutch researcher Geert Hofstede. Discuss the various dimensions of culture that Hofstede...
The waist size of a pair of jeans In Exercises 1524, determine whether the data described are qualitative or quantitative.
What are the four general approaches a firm can take regarding social responsibility?
Suppose that a country produces two goods, X and Y, with two factors of production, K and L. The production of good X always requires more per unit than the production of good Y does. What does this...
A crop duster airplane flies overhead at 44.7 m/s. The frequency of the sound is 605 Hz. (a) What do you perceive as the frequency as it approaches? Assume the velocity of sound in air is 345 m/s....
Prove that if Σ an is absolutely convergent, then a. an
Why would an angle iron not necessarily make a good column choice?
Including allowances for gussets, etc., compute the total tonnage for the following quantities and sizes of rolled steel members. You will have to look up the weights of the steel members for this...
Wide flange columns and beams have the abbreviation of WF. What are some of the other past and present abbreviations for wide flanges?
What is the maximum current-carrying capacity of a 1,500 watt, 120-volt dimmer ?
Riverbed Company reported operating expenses of $373000 for 2025. The following data were extracted from the company's financial records: 12/31/24 12/31/25 Prepaid Expenses $60800 $68400 Accrued...
Use the following passage for questions 3, 4 and 5. Alexandra is forecasting sales based on the salesperson's salary. She collected the following data: Sales (10K) 1 Salary (K) 2 1.5 3 2 3.5 3 3.2 4...

Explain why it might be acceptable for a contractor to have a GCs estimate percentage out of

Question:

Step by Step Answer:

a Large GC large project heavy use o...View the full answer

Cost Accounting And Financial Management For Construction Project Managers

Students also viewed these Business questions