Civil Engineering MCQAE Level Civil Engineering

In rate analysis, contractor’s profit is commonly added as a percentage of

Construction ManagementGeneralMEDIUM

Choose the correct answer

A

only cement weight

B

only water charges

C

cost of materials, labour, equipment and overheads

D

only salvage value

Correct Answer

C. cost of materials, labour, equipment and overheads

Why is this the answer?

Contractor’s profit is added over the estimated cost components.

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