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In a particular estimate, work charge establishment charge is taken to be:
- a)0.5 to 1 % of estimated cost of the project
- b)1 to 1.5 % of estimated cost of the project
- c)1.5 to 2 % of estimated cost of the project
- d)2 to 2.5 % of estimated cost of the project
Correct answer is option 'C'. Can you explain this answer?
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In a particular estimate, work charge establishment charge is taken to...
Work charged establishment is the establishment that is charged to the work directly. During the construction of a building or a project, a certain number of work supervisors, chaukidars, munshies are required to be employed in the project and their salaries are to paid from the work charge establishment of the project. For work charged establishment, 1.5 to 2% of the estimated cost of the project is taken.
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In a particular estimate, work charge establishment charge is taken to...
Work Charge Establishment Charge in Estimate
Definition: Work Charge Establishment Charge is the cost incurred by the contractor for establishing a temporary office, setting up temporary facilities and providing the necessary equipment, tools, and resources required for the project.
Calculation: The calculation of Work Charge Establishment Charge is generally a percentage of the total estimated cost of the project. The percentage varies depending on the type of project and the location of the project.
Options: The options given in the question are:
a) 0.5 to 1% of estimated cost of the project
b) 1 to 1.5% of estimated cost of the project
c) 1.5 to 2% of estimated cost of the project
d) 2 to 2.5% of estimated cost of the project
Correct Answer: The correct answer is option C, which states that the Work Charge Establishment Charge is 1.5 to 2% of the estimated cost of the project.
Explanation: The Work Charge Establishment Charge is an essential part of the estimate, and it covers the cost of setting up temporary facilities and providing the necessary equipment required for the project. The percentage of the Work Charge Establishment Charge varies depending on various factors such as the location of the project, the type of project, and the duration of the project.
It is important to note that the percentage of the Work Charge Establishment Charge may vary from project to project, and it is calculated based on the contractor's experience and the project's requirements. Therefore, the percentage given in the options may not be suitable for all projects.
In conclusion, the Work Charge Establishment Charge is a vital part of the estimate, and it is calculated based on the project's requirements. Option C is the correct answer, as it states the general percentage range for the Work Charge Establishment Charge in an estimate.
Definition: Work Charge Establishment Charge is the cost incurred by the contractor for establishing a temporary office, setting up temporary facilities and providing the necessary equipment, tools, and resources required for the project.
Calculation: The calculation of Work Charge Establishment Charge is generally a percentage of the total estimated cost of the project. The percentage varies depending on the type of project and the location of the project.
Options: The options given in the question are:
a) 0.5 to 1% of estimated cost of the project
b) 1 to 1.5% of estimated cost of the project
c) 1.5 to 2% of estimated cost of the project
d) 2 to 2.5% of estimated cost of the project
Correct Answer: The correct answer is option C, which states that the Work Charge Establishment Charge is 1.5 to 2% of the estimated cost of the project.
Explanation: The Work Charge Establishment Charge is an essential part of the estimate, and it covers the cost of setting up temporary facilities and providing the necessary equipment required for the project. The percentage of the Work Charge Establishment Charge varies depending on various factors such as the location of the project, the type of project, and the duration of the project.
It is important to note that the percentage of the Work Charge Establishment Charge may vary from project to project, and it is calculated based on the contractor's experience and the project's requirements. Therefore, the percentage given in the options may not be suitable for all projects.
In conclusion, the Work Charge Establishment Charge is a vital part of the estimate, and it is calculated based on the project's requirements. Option C is the correct answer, as it states the general percentage range for the Work Charge Establishment Charge in an estimate.
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In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer?
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In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer? for Civil Engineering (CE) 2024 is part of Civil Engineering (CE) preparation. The Question and answers have been prepared according to the Civil Engineering (CE) exam syllabus. Information about In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Civil Engineering (CE) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer?.
In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer? for Civil Engineering (CE) 2024 is part of Civil Engineering (CE) preparation. The Question and answers have been prepared according to the Civil Engineering (CE) exam syllabus. Information about In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Civil Engineering (CE) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer?.
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In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of In a particular estimate, work charge establishment charge is taken to be:a)0.5 to 1 % of estimated cost of the projectb)1 to 1.5 % of estimated cost of the projectc)1.5 to 2 % of estimated cost of the projectd)2 to 2.5 % of estimated cost of the projectCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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