1) For the 28-day small project shown below, assume we have no resource problems or deadline constraints. Direct costs of all activities are shown in the table. Assume a period of 8 days. A (4) B (4) 4 (2) D (8) F (10) J (6) +5H 5 G (14) E (4) H (8) (8 K(10) Activity Develop the unbalanced bid budget for this project. A F H I J K Duration 4 4 8 4 10 14 8 6 6 10 Total = Direct Cost (S) 2,000 12,000 4,000 18,000 20,000 15,000 12,400 16,000 10,000 10,000 8,000 127,400 Indirect Cost Adjustments + 1.37% +2.67% +2.54% -1.43% -1.58% +0.96% +1.27% 0 -2.23% -2.23% -1.34% 0 Q2) Complete the overdraft calculations for the project in question 1 1) Assume a time period of 8 days, retainage amount is 10%, Contractor's optimum markup is 5%. 2) Indirect cost is $750/day. 3) Assume an unbalanced bid (to determine bid prices, distribute indirect costs in an unbalanced way among activities according to the adjustments shown in the table. The indirect costs of early activities are increased by a positive adjustment while indirect costs of later activities are decreased by a negative adjustment. The total bid price, however, does not change. 4) 50% of the contractor's expenses in any period are credited by suppliers, which will paid in the following period 5) All withheld retainage money will be paid back with the last payment Owner's payment delay of any invoice (payment certificate) is one period, for example, the first invoice will be submitted at the end of the first period and payment (approved invoice amount minus retainage amount) will take place at the end of the second period 6) A 20% mobilization payment is given to the contractor at the beginning of the project and will be deducted from the first two payments