BLDG2013-Construction Estimating (T1, 2025)
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Which of the following is the main reason why contractors reduce their mark-ups when there are many competing bidders in bidding competitions?
Information needed for building up a net cost unit rate from first principles would include all of the following except ________.
Which of the following is not true of BCR?
Who are high risk bidders in the four-way bidder classification system?
Contractors' pricing for prime cost sums (PC sums) in a tender would include all of the following except ________.
Why would main contractors subcontract work packages to specialist contractors or subcontractors?
Which of the following is not true of the contractors’ project selection in competitive bidding?
Information presented in a chief estimator's report on a tender estimate would include all of the following except ________.
Contractor A’s negative CECP in a bidding competition indicates that_____.
Which of the following is the main reason why large contractors would try to avoid competing with small- or medium-sized contractors for smaller projects?
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