Computer · Estimation and Costing
As per general conditions of contract in engineering works, the security deposit money typically retained/deposited from the contractor is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 15% of the estimated cost
- 22% of the estimated cost
- 310% of the estimated cost✓
- 420% of the estimated cost
Correct answer
10% of the estimated cost
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