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CONSTRUCTION ESTIMATING

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 1. Briefly describe, from your perspective, the advantages and disadvantages of the four contract systems presented in Module 2. 2. Briefly describe, from your perspective, the advantages and disadvantages of the three contract payment agreements presented in Module 2. 3. If you are an owner, which bonds and insurances, if any, would you ask from the contractor? Why? 4. In your own words, describe the different components of the Project Manual and their purposes. Important notes: • Be concise in your answers and use bullet points.

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