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igor_vitrenko [27]
3 years ago
10

Discuss problems that may arise during contract negotiations between the owner and contractor when the contractor's bid summary

is by materials (such as concrete, metals, etc.), rather than by completed facilities (such as building a, building b, parking lot, etc).
Business
1 answer:
Orlov [11]3 years ago
8 0
<span>The owner generally is interested in the cost of major components of the project, rather than the cost of construction materials. For example, if the estimated cost exceeds the owner's permissible budget, cuts must be made by eliminating a building, or parts of a building, rather than merely reducing the cubic yards of concrete or pounds of steel. Owners think in terms of facilities and sub-facilities, rather than materials that make up the facilities. During negotiations, the contractor will likely have to reformat the estimate to enable the owner to make decisions on how to derive a contract amount that matches available funds.</span>
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Which of the following statements is​ TRUE? A. Just because one firm receives a 3.20 overall rating and another receives a 2.80
ruslelena [56]

Answer: Option E: E.Just because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the​ second, but it does suggest that the first firm is better in some areas is TRUE

Explanation:

Because one firm receives a 3.20 overall rating and another receives a 2.80 in a​ CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the​ second, but it does suggest that the first firm is better in some areas.

The former firm received such high rating most times because of pedigree or experience or winning rate which does not judge it better than the latter firm in all areas.

5 0
3 years ago
The daily sales of a peanut butter at Power's Grocery are normally distributed, with a mean of 12 jars and a standard deviation
masha68 [24]

Answer:

d. 81

Explanation:

E(number of order) = E(X1) + E(X2) + 21 -4

                                = 12 + 12 + 17

                                = 41

Therefore, The store should order 81 .

6 0
4 years ago
A company has a selling price of $1,500 each for its printers. Each printer has a 2 year warranty that covers replacement of def
dlinn [17]

Answer:

$103,680

Explanation:

estimated warrant liablity 3% of unid sold at $144

24,000 x 3% x 144 = $103,680

This will be the expected warranty laiblity for the sales of the period, and also the warranty expense.

warranty expense 103,680

warranty liability               103,680

warranty liability    47,000

   inventory                          47,000

to record warranty services

(we use inventory because the company use replacement part, those par are represented in inventory account)

<u>Warrant liablity account</u>

beginning balance 26,000

warranty expense  103,680

warrant serviced    (47,000)

ending balance       82,680

3 0
3 years ago
Also known as the Federal Information Processing Standards (FIPS), the_______________ framework is a shared set of security stan
elena55 [62]

Answer: NIST

The NIST framework is a shared set of security standards required by the Federal Information Security Management Act

Explanation:

The NIST Cybersecurity Framework provides a policy framework of computer security guidance for how private sector organizations in the United States can assess and improve their ability to prevent, detect, and respond to cyber-attacks.

NIST is the National Institute of Standards and Technology, a unit of the U.S. Commerce Department. Formerly known as the National Bureau of Standards, NIST promotes and maintains measurement standards. It also has active programs for encouraging and assisting industry and science to develop and use these standards.

3 0
4 years ago
The Uniform Securities Act is designed to protect the general public and not restrict investment activities of institutional or
SSSSS [86.1K]

Answer: C. chief executive officers of companies listed on the NYSE.

Explanation:

The Uniform Securities Act was put in place in order to curtail securities fraud. It was designed in order to protect the public.

It should be noted that Any offer or sale to any of the following would be considered exempt from the registration and advertising filing requirements of the USA except the chief executive officers of companies listed on the NYSE.

8 0
3 years ago
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