CE413 CONSTRUCTION METHODS Due 4/24/2017 I. A contractor has a five-month project with the expected direct costs as...
12.3 Given the following data with the direct costs for each activity as shown, calculate the ROR of the contractor. Assume that (a) the markup is 15%; (b) retainage is 5% on the first 50% of worth, and 0% thereafter; (c) payment requests are submitted at the end of each month, and payments are received one month later; and (d) the finance charge is 1% per month of the amount of the overdraft at the end of the month Timing...
CE 210 please show all work TABLE 12.3 Overdraft Calculations with Mobilization Payment Month 1 Direct cost $25,000 $65,000 $75,000 $15,000 ndirect cost 5,000 5.000 5.000 5.000 Subtotal 30,000 70,000 80,000 20,000 Markup (25%) 7.500 17.500 20,000 5.000 Total billed 37,500 87,500 100,000 25,000 Retainage withheld (10%) 3.750 8,750 Payment received $20,000 $33,750 $78,750 $100,000 Total cost to date 30,000 100,000 180,000 200,000 200,000 Total amount billed to date 37,500 125,000 225,000 250,000 250,000 Total paid to date $20,000 $53,750...