Chapter 8, Problem 3RQ

What are the contractor’s financing charges on a project, and how is the cost of financing charges estimated?

Describe how to address the housing price fluctation issues  by implanting house price prediction technique ?

Describe the two stages involved in pricing an estimate.

A client plans to construct a manufacturing plant that involves multiple engineering disciplines.   Calculate the total engineering fees including taxes based on the following: Mechanical Works, $1,540,000 Electrical Works, $1,780,000 Earth Works, $950,000 Civil Works, $2,125,100 Environmental Works, $1,325,000 Basis B fees = 14% There are no office feesDo not include the Contractor payment in the engineering fees. Taxes = 13%

Which method is the best to adopt while carrying out cost estimation of a new building project? Explain in detail

Markup pricing is typically used by building or industrial contractors. Give an explanation as to why this would be their preferred pricing method.