 
             
            Estimating and Costing - Engineering
| Q1: Due to change in price level, a revised estimate is prepared if the sanctioned estimate exceedsA 2.0%
  B 2.5%
  C 4.0%
  D 5.0%
  ANS:D - 5.0% When sanctioned estimate is likely to exceed by more than 5% either from the rates being found insufficient or from any cause whatsoever except important structural alterations. | 
 
             
                            
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