Determine the % of risk that has been transferred to sub-contractors given the following information: Materials = $150,000 Labor = $158,000 Equipment = $22,000 Bonded Sub-contracts = $400,000 Other Sub-contracts = 100,000 Overhead = 70,000 a. Risk cannot be transferred or mitigated 40% 50% 60% b. C. d.

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter13: Pricing Subcontractors' Work
Section: Chapter Questions
Problem 2RQ
icon
Related questions
Question
Determine the % of risk that has been transferred to sub-contractors given the following information:
Materials = $150,000
Labor = $158,000
Equipment = $22,000
Bonded Sub-contracts = $400,000
Other Sub-contracts = 100,000
Overhead = 70,000
a.
Risk cannot be transferred or mitigated
40%
50%
60%
b.
C.
d.
Transcribed Image Text:Determine the % of risk that has been transferred to sub-contractors given the following information: Materials = $150,000 Labor = $158,000 Equipment = $22,000 Bonded Sub-contracts = $400,000 Other Sub-contracts = 100,000 Overhead = 70,000 a. Risk cannot be transferred or mitigated 40% 50% 60% b. C. d.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 8 steps

Blurred answer
Knowledge Booster
Pricing subcontractor's work
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Fundamentals Of Construction Estimating
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:
9781337399395
Author:
Pratt, David J.
Publisher:
Cengage,