____ is an amount that the contractor will usually add on costs estimated for labor, materials, subcontractors and consultants, equipment and facilities, travel and documentation.
A) Overhead cost
B) Actual cost
C) Direct cost
D) Fixed cost

Question

Quizplus · Accepted Answer

The amount that the contractor will add on to the estimated costs for labor, materials, subcontractors and consultants, equipment and facilities, travel and documentation is called overhead cost. This cost includes indirect expenses that are necessary for the completion of a project but cannot be attributed directly to any specific activity or item. Examples of overhead costs include rent, utilities, insurance, administrative salaries and office supplies.

____ Is an Amount That the Contractor Will Usually Add