Question: what are the difference? Approximate Estimate vs. Detailed Estimate Lump sum Bid vs. Unit Price Bid

what are the difference?

Approximate Estimate vs. Detailed Estimate

Lump sum Bid vs. Unit Price Bid

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!

Q:

( Chapter 2 ) Differentiate between these following terms ( 7 . 5 Points ) a . Addendum vs . Change Order b . Bid Bond vs . Performance Bond c . Worker's Compensation Insurance vs . Public Liability...

Q:

Help us with our assignment. We are ought to make a case study about this. The task was written in the bottom part. Thank you so much GROUP CASE STUDY 1: (ELECTRICAL WORKS) SITUATION: One of Utility...

Q:

This is the full scope of the assignment they gave us : GROUP CASE STUDY 1: (ELECTRICAL WORKS) SITUATION: One of Utility Company plans to install temporary power supply cables from existing...

Q:

SITUATION: One of Utility Company plans to install temporary power supply cables from existing Electrical Sub-station No. 210 to a temporary firewater pump located in existing seawater intake area....

Q:

DUCTION TO CONSTRUCTION ESTIMATING By Brian L. Swope, MTM, CCM Bowling Green State University College of Technology WHAT IS AN ESTIMATE? It is an assessment of the probable total cost of a project...

Q:

DUCTION TO CONSTRUCTION ESTIMATING By Brian L. Swope, MTM, CCM Bowling Green State University College of Technology WHAT IS AN ESTIMATE? It is an assessment of the probable total cost of a project...

Q:

PowerPoint Assignment for BUS 401: Principles of Finance You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value...

Q:

Hi, I am doing a project for derivatives class and I have some questions about a regression and Monte Carlo simulation that I need to come up with. So the goal is to hedge against CDS instruments by...

Q:

Question 1 The Jumbo Group restaurant chain launched its initial public offering (IPO) in October 2015. As a financial analyst of Tiger Investment Fund, your boss has requested for you to brief her...

Q:

1. Texas Roadhouse (TXRH) is rapidly expanding into new markets and had sales of $1,263M in 2012. Suppose you expect sales to grow at a 15% rate in 2013, but this rate will slow by 2% per year to a...

Q:

The Simmons Company started the year with 20,000 shares of common stock outstanding. On May 1, a 10 percent stock dividend was issued to the shareholders. Finally, on October 1, another 8,000 shares...

Q:

An MA(2) process has the autocorrelation sequence(a) Determine the coefficients of the maximum-phase system for the MA(2) process.(b) Determine the coefficients of the maximum-phase system for the...

Q:

The traditional debt snowball pays off which credit card first? Question 4 options: a ) The one with the lowest balance b ) The one with the highest interest rate c ) American Express d ) Belk's

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...