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Zina [86]
2 years ago
11

What type of bond guarantees that a construction contractor will enter into a contract?

Business
1 answer:
Artemon [7]2 years ago
8 0

Bid bond guarantees that a construction contractor will enter into a contract.

Given that bond guarantees that a construction contractor will enter into a contract.

We are required to give the name of the bond that guarantees that a construction contractor will enter into a contract.

The name of the bond that will gurantee that a construction contractor will enter into a contract is bid bond.

A bid bond basically provides a guarantee that a winning bidder will take up the contract as per the terms at which they bid. A bid bond ensures a compensation to the bond owner if the bidder fails to begin a project. Bid bonds are basically often used in construction jobs or other projects that follow a similar bid-based selection process.

Hence bid bond guarantees that a construction contractor will enter into a contract.

Learn more about bid bond at brainly.com/question/26907335

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When using net present value to compare projects, the total cost approach?
amid [387]

When using net present value to compare projects, the total cost approach  Is the most flexible method available to compare projects. Includes all cash inflows and outflows under each alternative.

Total fee technique, the whole cost technique normally consists of subtracting the bid fee from the total cost of performance and including profit in the resulting amount. This method is closely disfavored with the aid of the forums and courts.

Producers usually define supply chain charges using the full value of ownership. the total cost of ownership is defined as the aggregate of the acquisition or acquisition fee of a great or carrier. To this, they add the extra expenses incurred earlier than or after the services or products are delivered.

The whole price formulation is used to combine the variable and fixed costs of providing goods to determine a complete. The system is total fee = (common constant value x common variable value) x quantity of gadgets produced. To use this component, you need to recognize the figures for your constant and variable fees.

Learn more about the total cost  here brainly.com/question/25109150

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3 0
2 years ago
The occupational safety & health administration requires that organizations follow which guidelines for electrical safety?.
Katarina [22]

The safety and health guidelines at work focus on avoiding accidents in workers and performing optimal and adequate work.

<h3>What guidelines should an electrical worker follow?</h3>

The occupational health and safety guidelines depend on the activity to be carried out, since each set of guidelines is specifically designed to avoid accidents and contingencies in different contexts.

To guarantee safety in electrical procedures, companies must follow the following guidelines:

  • Wear insulating shoes and gloves.
  • Do not have metallic accessories such as chains, earrings, bracelets, among others.
  • Work without power supply while manipulating electrical networks.
  • Avoid working with electricity in wet places because liquids are good conductors of electricity.
  • Analyze the electrical network before starting, to identify the relevant procedures to be carried out.
  • Use a helmet, gloves, overalls, goggles and other personal protection elements.

Learn more about safety and health administration in: brainly.com/question/14141751

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3 0
2 years ago
Which of the scenarios best reflects the meaning of the term inflation targeting? a) In anticipation of the upcoming election, t
zvonat [6]

Answer:

b) A central bank is expected to achieve a 3% annual inflation rate

Explanation:

Inflation targeting is a type of monetary policy where the central bank of a country sets an inflation rate as its goal or target.

5 0
3 years ago
The following data apply to Garber Industries, Inc. (GII): Value of operations $1,000 Short-term investments $100 Debt $300 Numb
kari74 [83]

Answer:

The correct option is $7,option C

Explanation:

The approach here is that we calculate the value of the firm after the cash dividend distribution ,which is simply the value of operations of $1000 since the short-term investments of $100 has been used in paying dividends.

Thereafter,the value of equity is the value of operations of $1000 minus the value of debt at $300,that is $700 ($1000-$300).

Finally intrinsic share price=value of equity/number of shares

number of shares is 100

intrinsic value per share=$700/100=$7 per share

5 0
4 years ago
If Government (or Investment) spending is increased by $10 with MPC = 0.75, then the multiplier will be _________.
Travka [436]

Answer:

Multiplier = 4

Explanation:

Government spending multiplier denotes the multiplier by which the GDP increases in response to increase in government expenditure.

Government spending has multiple impact depending on the society's overall propensity to consume.

Suppose if government spends USD 1, and consumer A receives USD 1, spends 0.75 out of this USD 1, consumer B receives this USD 0.75 and he also spends 75% of this USD 0.75 he received, this cycle continues until the spending reduces to nil.

Therefore spending multiplier is used to calculate total impact of each USD spent by government. Following is the formula for multiplier

Multiplier = 1 / (1 - marginal propensity to consume)

Multiplier = 1 ( 1 - 0.75)

Multiplier = 4

4 0
3 years ago
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