Calculating all the direct and indirect costs for project

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Reference no: EM131703094

True or False:

1. A desired profit is added after calculating all the direct and indirect costs for a project.

2. The customer will pay the contractor a bonus if the project is completed ahead of schedule or exceeds other customer performance requirements.

3. A ballpark estimate is acceptable for the proposal. There will be time to figure out the budget after the contract is won.

4. The cost of developing a proposal should be added in as a direct expense in the budget for a proposal.

5. A contractor should avoid no-bid decisions.

Reference no: EM131703094

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