Proposals: Cost Section
You'll explore the cost section of a proposal.
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Topics of this game:
- A proposals has a total of how many sections?
- The objective of this section is to convince the customer that the contractor's costs for a proposed project are realistic and reasonable.
- What is the most appropriate answer for this element of the proposal's Cost Section? The estimated costs for various people who are expected to work on a project.
- What is the most appropriate answer for this element of the proposal's Cost Section? The cost of materials the contractor needs to purchase for the project.
- What is the most appropriate answer for this element of the proposal's Cost Section? The cost of equipment that must be purchased to complete the project.
- What is the most appropriate answer for this element of the proposal's Cost Section? When contractors don't have the expertise or resources to do certain tasks they may outsource some of the work.
- What is the most appropriate answer for this element of the proposal's Cost Section? Contractors add a percentage to costs to cover the indirect costs of doing business such as insurance, depreciation, accounting, management, and marketing.
- What is the most appropriate answer for this element of the proposal's Cost Section? Also referred to as contingency funds, this is an amount the contractor may want to include to cover unexpected items that have been overlooked.
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