CASE STUDY CASH FLOW ESTIMATION FIN 611X is a public listed construction company in road works and bridge works for the Government of Kenya under National Transport and Safety Authority (NTSA). The government solicits bids on construction projects from private contractors. The winning contractor is chosen based on its bid price as well as its perceived ability to do the work. Sophisticated contractors develop bid using capital budgeting techniques because most projects require cash outlays for hiring, equip