Your contract for this project with the owner has Incentive Clauses that stipulate that the owner will pay you a bonus of $5000 per workday for every workday the project is finished prior to its scheduled December 6, 2019 end date and that you will have to pay the owner a $5000 per workday penalty for every workday that the project goes beyond this same scheduled end date. Based on that information, answer the following two questions using the Weather Calendar schedule.

Your boss was told by your Interior Finishes subcontractor that they could accelerate the completion of the interior finishes task by 8 workdays to finish on November 25th if your company would agree to pay their crew time-and-a-half (1.5 x normal rate) for overtime for the last 28 days of that work. The normal rate for their crew is $2700/day. Your boss has asked you to determine if this would gain or lose money for your company, and by how much? Gain Lose (circle one) By how much ? $__________ .

After that same contractor had begun their work, they said that if you rent a specialized piece of equipment for one week (must be rented for a (5) day minimum rental at $1900/day) they could accelerate the completion of their work an additional (3) days. If your company would pay for the rental, determine if your company would gain or lose money? (Note: Calculate this gain or loss using their new finish date of November 25^th resulting from the overtime question above). Gain Lose If a gain, how much gain ? $_________ . If a loss, how much loss ? $________ , and explain the loss ?