Fundamentals Of Construction Estimating
4th Edition
ISBN: 9781337399395
Author: Pratt, David J.
Publisher: Cengage,
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Question
Chapter 14, Problem 4RQ
To determine
Write the four temporary site facilities that are normally used on a construction site, and explain how they are priced.
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Students have asked these similar questions
General Contractors working an a project that requires several months to complete typically request payment from the Owner on a monthly basis. They submit what is referred to as a Pay Application. What do GC's typically ask for payment of?
Group of answer choices
A)Ordered materials and equipment
B)Installed materials and equipment
C)Materials and equipment stored on site
D)A & B only
E)A & C only
F)B & C only
G)All of the above
Describe the process regarding the 6 phases of a construction project
1.Study and report phase
2.Preliminary design phase
3.Final design phase
4.Bidding or Negotiating phase
5.Construction phase
6.Operation phase
The following information belongs to a target cost contract: Target cost = $250 M Target band = $230 M and ends $270 M Target contractor fee = $10.5 M Cost saving share = 55/45 by owner Cost increase share = 65/35 by contractor Contractor minimum fees =$5 M The GMC = $320 M Minimum expected project cost = $ 200 M Calculate the contractor fee, if the project cost is 280 M?
Select one:
a. 6 M
b. 3 M
c. 4 M
d. 5 M
Chapter 14 Solutions
Fundamentals Of Construction Estimating
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Similar questions
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- Define in your own words the construction cost estimate and list and describe the different types of construction estimates.arrow_forwardProject management contracting is a method where the contractor offers the client a consultant service based on a fee for coordinating, planning the construction, managing, and executing the project. Briefly explain THREE (3) reasons project management contracting is adopted.arrow_forwardQ# Discuss about stakeholders of Construction projectarrow_forward
- Detailed manual solution. NO EXCEL Solution!arrow_forwardYour company a Management consultant firm is awarded a contract to assist a client to procure a design consultant who will do the design work for shopping complex. Complete the evaluation, rank the proposal according to their total score and write your recommendation to the owner. Note that client stated that the price is 50% more important than the price. C&G CONS. Weight Scoring Rating Price Scoring Rating Price Scoring Rating Price SPC TEMAX-409 Items Equipment Adequacy of proposed desim methodology Qualification of Staff Experience Total Technical score Total score 0.25 75 85 90 0.15 80 95 85 025 65 80 85 035 55 90 88 000'ss7 000'067 000'682arrow_forwardA. Create the Network Diagram for the project . B . Identify the critical path and the minimum duration to complete the whole project ? C . Assume that it took 5 weeks to choose an architect , what is the effect on project completion date ? D. Draw Gantt chart .arrow_forward
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