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QUESTION What unique anpects of e project are mest approprielely accemmodated by

ID: 1712837 • Letter: Q

Question

QUESTION What unique anpects of e project are mest approprielely accemmodated by aunik price conct O Projects thaare not well de ined O Projects ane to be corstruced by test tracking Tho entire design is completed belore torsmetion Cvil structures QUESTION2 All quantitles are accurately essablished @wojects are to becoratruded bytattooing The overall project defivitionis relatvely cdear wth the esception of the acual number of uns Projects are not well defined QUESTION3 unbualanoing a bis is a method uned by some ceiwich the unit prices of the arious iems are atered so thut they do mnot re ect the cots ef those iems

Explanation / Answer

1) unit price contracts generally recommended for roads, buildings etc. for each kilometer or mile, the amount is payable to the contract side. so, the option is c.

2) The lumpsum contract is applicable for the projects where the cost is not so well defined. so, the contractor estimates the total cost including the profit margin and if it is clear for the owner then the work is started. so, the answer is D.

3) True. To quote a bid at a lower cost, the unit prices of the various items are altered.