Question: please read the case study and proovde a 100 word resposnse to each of rhe three questions A Program on Construction Ethics, 3 Edition CASE

please read the case study and proovde a 100 wordplease read the case study and proovde a 100 word resposnse to each of rhe three questions
A Program on Construction Ethics, 3 Edition CASE STUDY NO. 35 Relationships and Questions Relationships Featured While putting together the bid on a job, the estimator found out that he would receive only one sub bid on plastering. When the sub bid was received, he felt the plastering contractor had taken advantage of the situation. So he "roughed up" an estimate on his own, and used a number that was about 20% lower. His reasoning was that the plastering subcontractor was only entitled to a "fair price," defined as "cost plus a fair mark-up," and if this sub bidder would not accept the job at the reduced price, there would be someone who would. Contractor to Subcontractor Contractor to Owner Questions 1. Is there a double standard? 2. Does the contractor have an ethical right to figure his own price for proposed sub bid work if he does not receive adequate sub bids? 3. About fifteen minutes before bid time, the estimator's boss learned that their company would be the only bidder on the project. He then instructed the estimator to add 25% to the project in addition to their regular markup, because their adjusted price would still be within the Owner's budget. They would, therefore, only be taking advantage of a chance to charge "market price" instead of the "down and dirty price" they had when there was competition. Is the general contractor "taking advantage of the owner's ignorance? 4. Did or does the owner have the right and/or opportunity of rejecting the low and only bidder when he receives only one bid? Does this make a difference? The general contractor was awarded the project for his bid price

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