Section $9\mathrm{.}1$ Bid Development

T or $F$

Subcontractor costs and repayment are major considerations for cost recovery during

bid preparation.

Indirect costs, which are not directly associated with specific work or products, are not

major considerations for cost recoflery during bid preparation.

$9\mathrm{.}2$&$9\mathrm{.}3$ Direct Costs

Matching:

A$.$ Direct Labor Costs

B$.$ Ownership Costs

C$.$ Equipment Costs

D$.$ Material Costs

E$.$ Direct Costs

Costs that are incurred as a physical piece of the construction is placed

and are associated directly with the physical end item. Also, costs

required to physically place elements of the construction project.

Costs determined by using a unit quantity and multiplying by a unit cost.

Costs associated with the use of a piece of equipment.

Costs, such as amortization, insurance, financing charges, storage, and