Question: 6.. When a Contractor estimates a project cost for a bid, the unit price approach is practical and efficient. Group of answer choices True False

6.. When a Contractor estimates a project cost for a bid, the unit price approach is practical and efficient.

Group of answer choices

True

False

7.

In cost estimating, the resource enumeration approach has advantages over the unit pricing approach.

Group of answer choices

True

False

8.

In materials management, contractors typically devote the largest amount of time and effort to controlling and monitoring the ______ and _______ _____ in a material item's life.

9..

A Contractor can reduce or eliminate the need for offset borrowing by requesting upfront or mobilization money from the Owner.

Group of answer choices

True

False

20..

Most construction equipment falls into the 5-7 year service life categories.

Group of answer choices

True

False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 General Management Questions!