Consider the following items of a given project. Item Unit Quantity Material Cost S/C Cost 1000 m m m m L.S. 150 180 40 60 Job Labor Cost 11200 1000 400 600 Equipment Cost 4000 4000 3200 4800 1800 960 1200 5 2000 - Site overheads = 5% of Direct cost (i.e., $10500). - General overheads = 5% of Construction cost. - Profit and risk = 10% of Total cost. It is required to: a) Develop a balanced tender price. b) Develop an un-balanced tender price (early income). Consider the following items of a given project. Item Unit Quantity Material Cost S/C Cost 1000 m m m m L.S. 150 180 40 60 Job Labor Cost 11200 1000 400 600 Equipment Cost 4000 4000 3200 4800 1800 960 1200 5 2000 - Site overheads = 5% of Direct cost (i.e., $10500). - General overheads = 5% of Construction cost. - Profit and risk = 10% of Total cost. It is required to: a) Develop a balanced tender price. b) Develop an un-balanced tender price (early income)