Question: You are a CM / GC that has the capability to do your own concrete work.Your contract with the owner on a project allows you
- You are a CM / GC that has the capability to do your own concrete work.Your contract with the owner on a project allows you to do your own work on a lump sum basis, as long as you are the low bidder for the work.The results of bidding the concrete work by the subcontractors and your firm are:
Subcontractor A$410,000
Subcontractor B$420,000
CM / GC (You)$440,000
Your bid includes a 10% overhead mark-up for the concrete work and the owner gives you a chance to meet or beat Subcontractor A's bid.
At what price do you take the job?What factors enter into your decision making?
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To determine the price at which you would take the job several factors need to be considered These i... View full answer
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