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GATE Civil Engineering · Construction Management - Cost Estimation · 2021-2021
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All concepts →2021 Q6
The direct and indirect costs estimated by a contractor for bidding a project is ₹160000 and ₹20000 respectively. If the mark up applied is 10% of the bid price, the quoted price (...
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2021 Q30
Contractor X is developing his bidding strategy against Contractor Y. The ratio of Y's bid price to X's cost for the 30 previous bids in which Contractor X has competed against Con...
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