QUESTION 17 When and why P&O; Markup is increased? When competitors\' P&O; Marku

Question

QUESTION 17 When and why P&O; Markup is increased? When competitors' P&O; Markups or construction costs are expected to high A project has low risk A company wants to take a project None of above QUESTION 18 Your are working as an estimator at Eagle Construction and recently bid against Southern Construction C Statesboro. Your construction cost was S 1,125572 and you added a 6% profit and overhead markup. Toa Southern bid was $1,179,999. What profit and overhead markup would you need to add (or deduc Click Save and Submit to save and submit. Click Save All Answers to save all answers

Explanation / Answer

P&O Markups are incrased when competoros P&O markups or construction costs are expected to high.

The correct option is A. When competitors P&O markups or construction costs are expected to high

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