Usually, the expenditure on supervision charges is estimated to be ______ of the total cost.

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SSC JE EE Previous Paper 12 (Held on: 24 March 2021 Evening)
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  1. 0.1% to 0.3%
  2. 1% to 1.5%
  3. 3% to 5%
  4. 5% to 10%

Answer (Detailed Solution Below)

Option 2 : 1% to 1.5%
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Supervision charge means a charge collected by the respondent-licensee for construction/erection work. The expenditure on supervision charges is estimated to be (1 - 1.5) % of the total cost. 

Additional Information
The respondent is the party against whom a petition is filed, especially one on appeal. A licensee is any business, organization, or individual that has been granted legal permission by another entity to engage in an activity like construction.

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