Question: Problem 4 For the pay estimate shown below, please calculate the amount that the owner will be billed. You can assume that the Retainage is

Problem 4 For the pay estimate shown below,
Problem 4 For the pay estimate shown below, please calculate the amount that the owner will be billed. You can assume that the Retainage is 10% and that this is Pay Estimate No. 1. You can assume that the total cost of the contract is $ 400,000.00 Amount = $ Percent complete: Pay Estimate No. 1 Value Unit LS SY Unit Price $5,000.00 $ 65.00 Amount Complete 50% 175 SY $ 75.00 55 LF $ 20.00 200 Ea CY $ 100.00 $35.00 0 25 Item Description 1 Clear Site 2 Remove and Replace 4" Sidewalk 3 Remove and Replace 4" Sidewalk 4 Remove and Replace Concrete Curb 5 Test Pits 6 Dense Graded Aggregate (DGA) 7 Milling, 2" or less 8 4" Asphalt Base Course 9 2" Asphalt Surface Course 20 Striping, 4" 11 Install 12" Caliper Tree 2 Topsoil and Seed SY $ 4.25 500 150 $85.00 Tons Tons $ 80.00 300 LF Each $ 4.00 $ 450.00 50 5 SY $ 3.25 500 Problem 4 For the pay estimate shown below, please calculate the amount that the owner will be billed. You can assume that the Retainage is 10% and that this is Pay Estimate No. 1. You can assume that the total cost of the contract is $ 400,000.00 Amount = $ Percent complete: Pay Estimate No. 1 Value Unit LS SY Unit Price $5,000.00 $ 65.00 Amount Complete 50% 175 SY $ 75.00 55 LF $ 20.00 200 Ea CY $ 100.00 $35.00 0 25 Item Description 1 Clear Site 2 Remove and Replace 4" Sidewalk 3 Remove and Replace 4" Sidewalk 4 Remove and Replace Concrete Curb 5 Test Pits 6 Dense Graded Aggregate (DGA) 7 Milling, 2" or less 8 4" Asphalt Base Course 9 2" Asphalt Surface Course 20 Striping, 4" 11 Install 12" Caliper Tree 2 Topsoil and Seed SY $ 4.25 500 150 $85.00 Tons Tons $ 80.00 300 LF Each $ 4.00 $ 450.00 50 5 SY $ 3.25 500

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