Is the contractor's estimate arranged into the necessary items for a schedule of values? Explain.
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The contractor's estimate is normally not arranged into the necessary items for a schedule of values. The estimate probably has more items than are required for the schedule of values. The contractor's estimate, which is confidential to the contractor, includes explicit items for indirect overhead and profit, included in the line items in the schedule of values. It is not customary for the contractor to reveal the amount of profit or indirect overhead in the project. As the estimate detail is different than the detail in the schedule of values, computation of the schedule of values is necessary. This computation involves the combination of estimate items relating to the schedule of values items; the separation of some lump-sum items, particularly subcontractor bids, into two or more schedule of value items; and the distribution of overhead and profit into the schedule of value items.
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A labor crew for placing concrete consists of one labor foreman at $26.70 per hour, one cement finisher at $29.30 per hour, five laborers at $24.45 per hour each, and one equipment operator at $33.95 per hour. Such a crew, called a C20 crew, can place 165 cubic yards of concrete per 8-hour day. Determine (a) the cost per day of labor for the C20 crew, (b) the cost of the C20 crew per cubic yard of concrete, and (c) the cost to place 550 cubic yards of concrete.
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A manufacturer of prototyping equipment wants to have $3,000,000 available 10 years from now so that a new product line can be initiated. If the company plans to deposit money each year, starting 1 year from now, the equation that represents how much the company is required to deposit each year at 10% per year interest to have the $3,000,000 immediately after the last deposit is:
(a) 3,000,000(A?F,10%,10) (b) 3,000,000(A?F,10%,11) (c) 3,000,000 + 3,000,000(A?F,10%,10) (d) 3,000,000(A?P,10%,10)
Federal law applies to pipeline maintenance activities that ________
A) involve bench work repair of units in a shop B) involve information gathered and how it is managed regarding isolated units C) could result in danger to people, facilities, or the environment D) involve inspections of units located in areas isolated from the pipeline
Name the type of foundation system that uses a column to support the loads of the structure.
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