Computer · Estimating, Costing and Valuation
Under which of the following circumstances is a revised estimate prepared?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1When another copy of estimate is requested by authorities
- 2When the original sanctioned estimate is exceeded by more than 2%
- 3When there are material deviations from the original proposal✓
- 4When the expenditure on a work exceeds the amount of administrative sanction by more than 5%
Correct answer
When there are material deviations from the original proposal
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