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Calculation of Closeout Costs: Costs of Divisions 2-16 DIV. 1 General Requirements (5% of Div. 2-16) Project Costs Costs calculated on Bid Amount Bond 1.25%

Calculation of Closeout Costs:
Costs of Divisions 2-16
DIV. 1 General Requirements (5% of Div. 2-16)
Project Costs
Costs calculated on Bid Amount
Bond 1.25% $Answer
Insurance 1.25%
Permits 0.80%
Off. O/H 4.00%
Fee 5.00%
Bid Amount

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