In a firm, fixed price contract, the contractor?s profit is _____

a. subject to penalties and incentives
b. incorporated into the bid
c. negotiated separately from labor and material costs
d. tied to project schedule performance


b

Trades & Technology

You might also like to view...

Water that has collected on a roadway can cause:

A. Hydroplaning. B. Acceleration. C. Stopping.

Trades & Technology

A clutchless damper drive is used with what type of AC compressor?

A) Vane-type compressor B) Scroll compressor C) Electronic-controlled, variable displacement compressor D) Orbiting piston compressor

Trades & Technology

Research and write a report of approximately 250 words describing the correct procedure for drawing a graphic pattern using your CADD system’s graphic pattern tool. Prepare a PowerPoint presentation of your research and present the slide show to your class or office.

What will be an ideal response?

Trades & Technology

Follow the steps of the Systematic Approach of Section 14.4—that is, (1) identify the system, (2) determine whether the process is batch or rate, (3) construct a schematic diagram with inputs and outputs, (4) Label known material quantities or rates of flow and so on. A process requires two distillation columns. The first column is fed a solution containing 23 percent component A, 29 percent component B, the rest component C. The product amount is one-third of the feed amount and contains 61 percent A, 5 percent B, the rest C. The bottoms amount is fed to a second column which then produces a product of 15 percent A, 79 percent B, the rest C. The waste from the second column contains 0.50 percent A, the rest B and C. If 3 300 lb of solution is fed to the first column, determine the

unknown compositions and amounts of the feed to and the product and waste from the second column. What will be an ideal response?

Trades & Technology