Question: Complete the Total Bid Amount column in the attached Tender Summary using the following information: Indirect Costs (IDC) = $1,500,000 Contingency = $600,000 Margin =

Complete the "Total Bid Amount" column in the attached "Tender Summary" using the following information: Indirect Costs (IDC) = $1,500,000 Contingency = $600,000 Margin = 8% of TOTAL "Subtotal Cost" Distribute both indirect costs and contingency to all the appropriate items, in proportion to their contribution to the Total Direct Cost (DC), excluding the cost of all items that do not receive indirect cost spread or contingency spread. Distribute Margin in proportion to each item's contribution to the "Subtotal Cost" Complete the "Total Bid Amount" column in the attached "Tender Summary" using the following information: Indirect Costs (IDC) = $1,500,000 Contingency = $600,000 Margin = 8% of TOTAL "Subtotal Cost" Distribute both indirect costs and contingency to all the appropriate items, in proportion to their contribution to the Total Direct Cost (DC), excluding the cost of all items that do not receive indirect cost spread or contingency spread. Distribute Margin in proportion to each item's contribution to the "Subtotal Cost
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