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This research identified several factors influencing contractor profit in public construction contracts. Key findings indicate that the number of persons engaged, degree of mechanization, and degree of subcontracting significantly affect profit. Furthermore, gearing, turnover of capital of employed workers, and property and construction cycles were found to be important factors. The study also concluded that interest rate movements impact contractor profits.
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This research identified several factors influencing contractor profit in public construction contracts.
This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.