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Deliverables: 1) Create an estimate summary at the beginning of the estimate with the total cost of each division listed. 2) Use 7% additional
Deliverables: 1) Create an estimate summary at the beginning of the estimate with the total cost of each division listed. 2) Use 7% additional cost as market premium. 3) Use 3% of the total estimated cost as bonds, insurance, and contingencies factors. 4) Create detailed estimates for each division. Be as thorough as possible 5) Include 15% of the total estimated cost as the cost of Div 1, i.e., General conditions. 6) Use 15% of O&P for the GC on top of the calculated cost 7) Please feel free to provide more information that you think might be helpful to the estimate and include a narrative that explains your assumptions. Use assumptions at your discretion. No points will be deducted for assumptions as long as they are properly listed or mentioned in the report. 8) Submit the completed estimate and a one-page report to your professor on or before 12/04/2023 for full credit. 9) The Project is 20% of the total grade. Please show all your calculations and workno direct answers. 10) Please present a neat and readable report. Think about it as if you represent your company and submit a formal report with the estimate to the client. 11) Individual work. No group work! 12) Good luck!
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