Question

explain what you understand by the term tender allowable unit costs

explain what you understand by the term tender allowable unit costs

Homework Answers

Answer #1

Tender allowable unit cost refers to the cost which is based upon the quantities of materials for the project along with their unit price. The total cost for the project is to be known by quantities of the materials that are needed for the project . But with the quantities we also have to know the list of unit rate per item. This tender gives more specification of offer price to the contractor for each materials and avoid risks in the evaluation of the quantities.

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