A unit-price schedule states that the unit price is complete compensation for labor, material, equipment, overhead, and profit. What should the bidder include in each unit price?
Correct Answer
B) All cost components named by the unit-price requirement
If the unit-price requirement says complete compensation includes labor, material, equipment, overhead, and profit, the bidder should include those components. Other choices omit parts of the stated compensation.
Why This Is the Correct Answer
If the unit-price requirement says complete compensation includes labor, material, equipment, overhead, and profit, the bidder should include those components. Other choices omit parts of the stated compensation.
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