Profit

General overheads

Allowance for risks

Site overheads

They attempt to keep their experienced site personnel.

They strive to achieve their firms’ targeted annual turnover.

They want to maintain good relationship with the clients.

 All of the above are correct.

The ‘bid’ responses of all the three groups of responding contractors decrease as the number of bidders increases.

There are rapid drops in ‘bid’ responses for the responding Australian contractors when number of bidders is greater than four.

All responding Australian contractors declined to bid when the number of bidders exceeded six.

The ‘bid’ responses of all the three groups of responding contractors are in general higher during recession times.

They want to increase the chances of winning.

They want to keep their resources occupied.

They want to maintain good relationship with their clients.

They want to maintain their presence in the markets.

Labour and plant constants

Wastage factor for materials

On cost for direct labour

On cost for subcontract labour

A BCR value of 1 indicates maximum competitiveness.

There is no negative BCR value.

A BCR value of 1 indicates minimum competitiveness.

The BCR is constrained between zero and one.

Bidders with erratic bids.

Bidders with uncompetitive bids.

Bidders with competitive bids.

None of the above.

Profit based on nominated subcontractor's contract sum.

General attendance for temporary services accessible by nominated subcontractors and suppliers.

Wastage factor for materials in nominated suppliers' contract. 

Special builder's work related to nominated subcontracts in a tender.

They want to maintain good relationship with their clients.

They want to maintain presence in the markets.

They want to transfer some of the risks to subcontractors.

They want to have a good chance of winning a bid.

They would bid for projects that assist in achieving the firms’

objectives.

They may bid for projects in new market sectors.

Profit maximization is always the first consideration in project selection.

They would avoid projects that are too large for their firm.