Leeds Metropolitan University Estimation & Audits Questions Discussion – Assignment Help

Can you help me understand this Social Science question?

200 words only

Once you have expanded your knowledge by reviewing the above, do some of your research and see if you cannot tie out the above with the concept of a basis of estimate!
For your discussions, let’s discuss contractor estimating and contract to audit. Review resources online and discuss these questions.
What is the basis of estimate (BOE)?
What do you think makes up a good BOE? Why are they important?
How are cost captured in contractor proposals, i.e., indirect versus direct cost?
What is the difference between cost and price?
Who do you think has input/estimates of contractor proposals?

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