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Civil Engineering · Q30

Engineering Economics

Engineering and GATE · Civil Engineering · question 30

Q30

The project contractor relies on the cost of the estimate:

A.
For submission of a competitive bid for a lump-sum contract
B.
For a unit price contract
C.
For preparation of a definitive estimate to help negotiate contract
D.
All of these
Answer

Answer: Option D

Solution

Answer: Option D
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