1. If cost-plus a fixed amount with an arrangement for sharing any cost savings is established, and the contractor makes a saving equal to 160,000$, What is the common approximate amount the employer could pay the contractor from this sharing? O 12,000 O 20,000 O 30,000 O 24,000 O 40,000

1. If cost-plus a fixed amount with an arrangement for sharing any cost savings is established, and the contractor makes a saving equal to 160,000$, What is the common approximate amount the employer could pay the contractor from this sharing? O 12,000 O 20,000 O 30,000 O 24,000 O 40,000

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter18: Life-cycle Costing

Section: Chapter Questions

Problem 10RQ

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Concept explainers

Dimensional homogeneity

The term dimensional homogeneity means that in an equation, the dimensions of each term on both sides are equal, which means the dimensions of the left-hand side (LHS) of an equation are similar to the dimensions of the right-hand side (RHS). For a dimensionally homogeneous equation, the powers of fundamental dimensions will be identical on both sides of the equation.

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1. If cost-plus a fixed amount with an arrangement for sharing any cost savings is established, and
the contractor makes a saving equal to 160,000$, What is the common approximate amount the
employer could pay the contractor from this sharing?
O 12,000
O 20,000
O 30,000
O 24,000
O 40,000

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