Why is it essential that an estimator fully understand the requirements and procedures specified in the contract
Question:
Why is it essential that an estimator fully understand the requirements and procedures specified in the contract documents?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
It is crucial for an estimator to have a thorough understanding of the requirements and procedures specified in the contract documents for several rea...View the full answer
Answered By
RADHIKA MEENAKAR
I am a qualified indian Company Secretary along with Masters in finance with over 6 plus years of professional experience. Apart from this i am a certified accounts and finance tutor on many online platforms.
My Linkedin profile link is here https://www.linkedin.com/in/radhika-meenakar-88b9808a/
5.00+
12+ Reviews
22+ Question Solved
Related Book For
Construction Cost Estimating
ISBN: 9780367902681
1st Edition
Authors: John E. Schaufelberger, Len Holm
Question Posted:
Students also viewed these Business questions
-
Use the following description of the operations of the RC_Charter2 Company to complete this exercise. ¢ The RC_Charter2 Company operates a fleet of aircraft under the Federal Air Regulations...
-
Why is it essential that management compensation, including bonuses, be linked to financial goals and strategies that achieve shareholder value?
-
Why is it essential that the auditor not leave questions or exceptions in the audit documentation without an adequate explanation?
-
Randy, Inc., can issue 3-month commercial paper with a face value of $1,500,000 for $1,450,000. Transaction costs will be $1,500. The effective annualized percentage cost of the financing, based on a...
-
A company reports the following: Net sales $2,400,000 Average total assets 1,600,000 Determine the ratio of net sales to assets.
-
The table shows the names and heights of some of the tallest roller coasters in the United States. (Source: Today.com) a. Find and interpret (report in context) the mean height of these roller...
-
Conference A math conference has an attendance of 4950 people. Of these, 2110 are college professors and 2575 are female. Of the college professors, 960 are female. (a) Are the events selecting a...
-
1. As Jamie Lee and Ross review their assets, can you tell them which will be valuable to them for income as retirement approaches? 2. Jamie Lee and Ross estimate that they will have one million...
-
Mr. Bilboa is a citizen of Portugal. Which of the following statements is true?\ \ Multiple Choice\ \ The U.S. government has no jurisdiction to tax Mr. Bilboa because he is not a U.S. citizen.\ \ \...
-
1. What are the key challenges and conditions for the successful development of open innovation? 2. Open innovation can be seen as double-edged because it can generate innovative ideas but also...
-
Obtain a blank copyrighted contract format such as an AIA A101. Complete the contract for the books case study project or another outside project. Make whatever assumptions are necessary.
-
Who assumes risks associated with design errors, unforeseen site conditions, cost control, schedule control, quality, and safety with respect to (A) Traditional delivery method and (B) IPD delivery...
-
What is the value of the total capacitive reactance in each circuit in Figure 969? f = 1 kHz (~ (a) C f= 0.047|F 1.0Hz FIGURE 9-69 )b( [ C 10 uF C f= 15F 60 Hz (c) ( C 10IF C2 1.0 uF
-
The Penguin Textile Company sells shirts for men and boys. Results for January 2 0 2 3 are summarized below. Men's Boy's Total Revenue $ 1 7 2 , 8 0 0 $ 7 2 , 0 0 0 $ 2 4 4 , 8 0 0 Variable costs 1 2...
-
SINGLE, MARRIED FILING SEPERATELY, OR HEAD OF HOUSEHOLD SINGLE, MARRIED FILING SEPERATELY, OR HEAD OF HOUSEHOLD Over $0 $12,500 $50,000 But Not Over $12,500 $50,000 Tax Due Is 4% of taxable income...
-
17. S T D -3 -2 graph of glx) 2 The graph of the continuous function g is shown above for -46x4. The Function g is twice differentiable, except at x=0. let & be the function with flo1=-2 and f'(x) =...
-
Tim works for HydroTech, a manufacturer of high-pressure industrial water pumps. He reports directly to the CFO, and she has asked him to calculate HydroTech's WACC. He has gathered the following...
-
You are appraising a 15,450 square foot (SF) building and using the Cost Approach. The base cost is $50/SF, the local multiplier is 1.05, the current cost multiplier is 0.92. The land value is...
-
The atomic radius of F is 72 pm and that of F- is 133 pm. Calculate the percent increase in volume that occurs when F(g) is converted to F-(g) . (See Problem 8.98 for the volume of a sphere.)
-
In 1995 Miguel purchased a home for $130,000. In 2000 he sold it for $170,000 and immediately purchased another one for $180,000, which he sold in 2007 for $235,000. How much taxable capital gain, if...
-
Identify the problems that businesses in this case study solved by using mobile digital devices.
-
What kinds of businesses are most likely to benefit from equipping their employees with mobile digital devices such as iPhones and iPads?
-
One company deploying iPhones has said, The iPhone is not a game changer, its an industry changer. It changes the way that you can interact with your customers and with your suppliers. Discuss the...
-
If John invested $20,000 in a stock paying annual qualifying dividends equal to 4% of his investment, what would the value of his investment be 5 years from now? Assume Johns marginal ordinary tax...
-
help asap please!
-
Please, help asap! I have one day. Feedback will be given. & show some work. [in Excel] For the final project you will need you to create a spreadsheet /proforma of the cash flows from a property....
Study smarter with the SolutionInn App