Explain why it might be acceptable for a contractor to have a GCs estimate percentage out of

Question:

Explain why it might be acceptable for a contractor to have a GCs estimate percentage out of the standard range, for example

a) 3%,

b) 12%.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting And Financial Management For Construction Project Managers

ISBN: 9781138550650

1st Edition

Authors: Len Holm

See More Books

Question Posted: Jan 18, 2024 05:00 AM

See More Questions

1. Explain why both of the situations in Activity 8.1 and Activity 8.2 are observational experiments. What key elements of a designed experiment are missing in each situation? 2. A movie company...
Explain why it might be more appropriate to declare an attribute that contains only digits as a character data type instead of a numeric data type.
Explain why it might be a good idea to get a contract in writing.
Why does the cost to load in an unconstrained system is lower compared to contrained with N - 1 Contingency in PLEXOS Modelling? What are the factors that affect the increase in cost to load during...
A rectangular plate of mass m is falling with a velocity v0 and no angular velocity when its corner C strikes an obstruction. Assuming the impact to be perfectly plastic (e = 0), determine the...
Sketch the electric field line pattern that results when a metal slab is placed between a pair of closely spaced, equal (but oppositely charged) parallel plates. (Assume the slab has the same area as...
Ms. V, a wealthy art collector in Country W, is interested in buying a rare painting from Mr. Y in Country Z. Both parties agree that the price is to be determined by an independent appraiser. V...
1. Schultz argued that even if the corporate veil should be pierced, the $450,000 judgment against him was too much and should be reduced. How might the court have responded to this argument? 2....
On January 26, Nyree Co. borrowed cash from Conrad Bank by issuing a 90-day note with a face amount of $69,600. Assume 360 days in a year. a. Determine the proceeds of the note, assuming the note...
Other than trying to keep costs down, why would an owner not want a contractor to include a standard GCs percentage add-on for every change order, regardless of scope?
Research AIA A102 and in what specific articles and paragraphs would the GC insert jobsite reimbursable costs?
When d-glucose is treated with aqueous sodium hydroxide, a complex mixture of carbohydrates is formed, including d-mannose and d-fructose. Over time, almost all aldohexoses will be present in the...
What type of corporate governance does Uniqlo utilise? (e.g. Agency Relationships, Ownerships Concentration, Membership of the Board of Directors (insiders, related outsiders, outsiders)). What type...
Air at a dbt (dry bulb temprature) of 30 C and a relative humidity of 30% is conveyed through a heated dryer where it is heated to a dbt of 80 C. Then it is conveyed through a bed of granular pet...
Do you think McDonald's entry strategy was appropriate for the Indian market? Explain there strategy according to Indian market.
Please do detailed market strategy and target market for this device as described below. the target area is east African market. "Safe locater" is a company that will be formed committed to develop...
how do you define technical performance measures(TPM)? what are the key differences between design department parameters (DDP) andTechnical performance measures (TPM). References if possible
How might a large increase in livestock production alter the nitrogen cycle?
Draw a Feynman diagram for the reaction n + v p + .
Why would an angle iron not necessarily make a good column choice?
Including allowances for gussets, etc., compute the total tonnage for the following quantities and sizes of rolled steel members. You will have to look up the weights of the steel members for this...
Wide flange columns and beams have the abbreviation of WF. What are some of the other past and present abbreviations for wide flanges?
Production numbers for 2 shifts are shown. The shift supervisor of Shift 2 insists to the production manager that her operators are more productive than the ones on Shift 1. Using a confidence level...
In a class, the scores that students got are as shown. What are the 25, 50, 75 and 100th percentiles for the data? 84 84 98 80 89 83 85 56 85 84 84 74 84 81 83 80 45 86 67 79 81 78 76 85 83 77 86 83...
Number of points made by Teams A and B are shown. Which statement is true based on running the F-Test Two-Sample for Variances in the Data Analysis pack in Excel? Use a confidence level of 10% to...

Explain why it might be acceptable for a contractor to have a GCs estimate percentage out of

Question:

Step by Step Answer:

a Large GC large project heavy use o...View the full answer

Cost Accounting And Financial Management For Construction Project Managers

Students also viewed these Business questions