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    Engineering
  3. Study Set
    Fundamentals of Construction Estimating
  4. Exam
    Exam 15: Closing the Bid
  5. Question
    In the Bid Markup, Profit Is Generally Assessed as a Compensation
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In the Bid Markup, Profit Is Generally Assessed as a Compensation

Question 17

Question 17

True/False

In the bid markup, profit is generally assessed as a compensation for the risk taken by the contractor.

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