What is the bid amount:

risk factor of 28%, sales tax rate of 7.0%, burden rate of 33.6% and a minimum fee of 5.75% will be required. Company management has decided to bring additional support costing $72,500. last minute instructed his chief estimator to incorporate an additional $60,000 into final bid.

Additional bid information:

Labor without burden $2,553,078

Material without sales tax $3,536,091

Subcontractors $4,453,747

Equipment $ 570,038

Performance bond rate $3.50 per $1,000

Total profit included in this bid is:

$1,015,055

$ 882,555

$1,087,555

$704,962

$992,405