engineering recuitment KPSC Assistant Engineer Civil Mock Test 2020 Construction Materials and Management Construction Management
Which of the following relations are correct for determining different components of a bid price?
1. Bid price = Direct cost + Indirect cost + Mark up amount
2. Direct cost = Project overheads + Common plant and equipment cost + Common work men cost
3. Mark up amount = Profit + Contingency + Allowances for risks + General overheads
1
1, 2 and 3
2
1 and 2 only
3
1 and 3 only
4
2 and 3 only