One of the components of direct cost of construction projects is equipment cost where a contractor has the option to rent or to buy the needed equipment for a construction activity.   Suppose the contractor owns equipment needed for a project, in the cost estimates will the contractor charge equipment cost?  Why?

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Chapter7: Proudction Costs
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One of the components of direct cost of construction projects is equipment cost where a contractor has the option to rent or to buy the needed equipment for a construction activity.   Suppose the contractor owns equipment needed for a project, in the cost estimates will the contractor charge equipment cost?  Why?

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