1 how do construction contracts serve as a means of pricing, Ask an Expert

Economics

1. How do construction contracts serve as a means of pricing construction and structure allocation of risk to contracting parties? Discuss this with respect to types of contracts.

2. What factors determine the amount of mark up a contractor uses in pricing contracts?

3. What are the major differences between a lump sum and unit price contracts? When is it appropriate to use each type? When is it appropriate to use a cost plus percentage or fixed fee contract?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91235626

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question despite the decline in unionization the presence

Question: Despite the decline in unionization, the presence of unions has an impact on labor conditions in the nonunion sector. List and explain three complications that arise in measurement of the pure union wage advant ...

Question if you own 650 shares of air line inc at 422 270

Question: If you own 650 shares of Air Line Inc at $42.2, 270 shares of BuyRite at $55.45, and 370 shares of Motor City at $9.4, what are the portfolio weights of each stock? The response must be typed, single spaced, mu ...

Question write in paragraph form1 which country was able to

Question: Write in paragraph form 1. Which country was able to stop privatization and how did they do it? 2. From this film whose interest do you think the World Bank and the IMF represent? 3. Give 3 examples of how priv ...

Question these are two essay questions please select one

Question: These are two essay questions. Please select one of the two questions. Note, that question #1 has multiple parts; if you select that question, you must answer all parts of the question. Question #2 has two main ...

Question - jiffy-pol consultants is paid 1000000 for each

Question - Jiffy-Pol Consultants is paid $1,000,000 for each percentage of the vote that Senator Sleaze receives in the upcoming election. Sleaze's share of the vote is determined by the number of slanderous campaign ads ...

Question define and draw the utility possibility frontier

Question: Define and draw the utility possibility frontier. In your picture explain what is meant by pareto efficient. Social welfare functions can be used to pick out a point on the utility possibility frontier. Show th ...

Question a company bought a 65000 construction equipment

Question: A company bought a $65,000 construction equipment (5-year class). What is the MACRS depreciation for year 4? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow ...

Question for the supply curve shown in figure 3-6 what does

Question: For the supply curve shown in Figure 3-6, what does the corresponding total variable cost curve look like? How about marginal cost? The response must be typed, single spaced, must be in times new roman font (si ...

Question analyze the various factors contributing to

Question: Analyze the various factors contributing to poverty and determine which single factor plays the most significant role. Provide a specific example to support your response. Discuss how developed nations contribu ...

Question suppose you are in charge of a public-health

Question: Suppose you are in charge of a public-health campaign to improve prenatal development in the United States. Due to funding constraints you can only focus on one factor. What factor would be the focus of your ca ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert