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1. The following are the data from the bid sheets that you had come up with $90,000.00 1. General Conditions $190.000.00 2. Project Liability Insurance

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1. The following are the data from the bid sheets that you had come up with $90,000.00 1. General Conditions $190.000.00 2. Project Liability Insurance fees $ 45,000.00 3. Mobilization 4. Concrete trade performed in-house $440,000.00 5. All other trades are performed by subs 56.500.000.00 The General Contractor last year Gross income was at $15.3 M and expecting to increase out by 10% for the year 2016 the inflation data came out to be at 2.6%. The G&A expenses last year was 5820.00 a) What G&A percentage this GC is going to use on this project? (5 pts) b) Based on the plans and specifications the GC decided to use 45% profit on this project and based on the indemnity agreement the surety is going to charge 1.5% fees to issue Bonds certificates What is the total estimated lump sum amount for this project? (10 pts) c) What was the mark up fees used on this project? (5 pts) d) How much direct costs you applied to this project? (5 pts) e) Let's assume you were awarded the contract and a notice to proceed was issued to start construction. What be the total amount of the very first payment request the GC submits prior start construction and the netama expected to receive if 10% retention is used? (10 pts) 1. The following are the data from the bid sheets that you had come up with $90,000.00 1. General Conditions $190.000.00 2. Project Liability Insurance fees $ 45,000.00 3. Mobilization 4. Concrete trade performed in-house $440,000.00 5. All other trades are performed by subs 56.500.000.00 The General Contractor last year Gross income was at $15.3 M and expecting to increase out by 10% for the year 2016 the inflation data came out to be at 2.6%. The G&A expenses last year was 5820.00 a) What G&A percentage this GC is going to use on this project? (5 pts) b) Based on the plans and specifications the GC decided to use 45% profit on this project and based on the indemnity agreement the surety is going to charge 1.5% fees to issue Bonds certificates What is the total estimated lump sum amount for this project? (10 pts) c) What was the mark up fees used on this project? (5 pts) d) How much direct costs you applied to this project? (5 pts) e) Let's assume you were awarded the contract and a notice to proceed was issued to start construction. What be the total amount of the very first payment request the GC submits prior start construction and the netama expected to receive if 10% retention is used? (10 pts)

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