Question: You are an estimator at Eagle Construction and recently bid against Southern Construction Company for a retaining wall project in Statesboro. Your construction cost was

 You are an estimator at Eagle Construction and recently bid against

You are an estimator at Eagle Construction and recently bid against Southern Construction Company for a retaining wall project in Statesboro. Your construction cost was $1,125,572, and you added a 6% profit and overhead markup. The total bid price became $1,193,106. The Southern bid was $1,179,999. What profit and overhead markup would you need to add (or deduct) to your construction costs to get Southern's bid? Deduct 1.16% Add 1.16% Deduct 4.84% Add 4.84%

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