2. The following is the recap sheet of a unit-price contract as developed by the contractor's estimator. a) Calculate un

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2 The Following Is The Recap Sheet Of A Unit Price Contract As Developed By The Contractor S Estimator A Calculate Un 1 (144.85 KiB) Viewed 15 times

2. The following is the recap sheet of a unit-price contract as developed by the contractor's estimator. a) Calculate unit prices and the total bid values. b) Assume that the project is completed and actual quantities are as follows: Excavation 11,580 cy Embankment 9,150 cy Base gravel Pavement Calculate total project cost to the owner. If the contractor had prior knowledge of actual quantities, how could he have bid on the job to increase his profits? Many owners include a clause in the contract document that calls for negotiating a new unit price for each item that is found to deviate by more than 10% from the engineer's quantity. Why do you think this clause might be necessary? 5,300 sy 2,900 sy Bid Item Unit Quantity Unit bid ($) Total bid ($) Excavation Embankment Aggregate for road base Pavement CY CY CY 15,000 9,500 4,800 Direct Cost ($) 42,000 32,000 15,400 SY 2,800 Totals Job Overhead Markup Total Bid 35,500 124,900 12,500 20,000 157,400