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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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HiScience is planning to use 9% of its total construction budget to build a new research facility. Although HiScience typically contracts with Build-It Inc on projects of this size, this project will need to be awarded to WeConstruct. A new HiScience policy states that no single company can have simultaneous open contracts with a total value that is more than half of HiScience’s total construction budget. Build-It Inc already holds contracts comprising 44% of HiScience’s construction budget.

Which of the following is an assumption required in order to conclude that WeConstruct will be awarded the contract?


(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.



Why is HiScience giving the contract away to a new company instead of just going with its usual vendor?
Because of a new policy.

What does the policy state?
No single company can have simultaneous open contracts with a total value that is more than half of HiScience’s total construction budget

What's the value of contracts held by Built-In Inc at the moment?
44% of HiScience’s construction budget

How many of them are open?
We don't know

So, why is HiScience not awarding the new contract, i.e., 9% of it's research budget to Built-In?
Probably because (x+9)% would be greater than half of its construction budget and that would violate the policy.
x = % of construction budget allocated to number of open contracts Built-In Inc currently has

Only option C talks about this. If we negate C, the conclusion falls apart. Hence, C is the right answer
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.
if this is true ,only reduces the possibilities of WeConstruct getting the contract. irrelevant

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.
out of scope

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.
correct. because if BII does finish a contract of such amount,the assumption to give WeConstruct the contract due to reason mentioned in the passage would no longer be valid.

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.
no info given about that. incorrect

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.
out of scope
IMO C
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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Answer is C
(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract. Out of scope

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.
Irrelevant
(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract. Build-It cannot finish at least 4% to make it under 50%. Correct

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract. No mentioning of this

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality. Irrelevant
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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Answer C

HiScience is planning to use 9% of its total construction budget to build a new research facility. Although HiScience typically contracts with Build-It Inc on projects of this size, this project will need to be awarded to WeConstruct. A new HiScience policy states that no single company can have simultaneous open contracts with a total value that is more than half of HiScience’s total construction budget. Build-It Inc already holds contracts comprising 44% of HiScience’s construction budget.

Which of the following is an assumption required in order to conclude that WeConstruct will be awarded the contract?


(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.

So the conclusion is hiscience has already taking a project that has value of 44% of the total value , so if hi science take another project too that has value of 9% , the hiscience total value will be 44% + 9% = 51% and that is against the policy
Now conclsuion is saying that the project will go in hand of other competeor
But what if Hiscience complete any project that has 4% of total value , then after completing the project the total value will be 40% and now when we add 9% it becomes 49% so the new project can also go in hand of hiscience
Option C that the above condition can't be true
So Answer is C
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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Assumption is C here.
The argument states that the only reason first team is will not get the contract because of the new policy. If we argue that there will be no open contract totaling more than 50% with the first team at the time of awarding the contract, then the first team also becomes eligible to get the contract. So we have to assume C in order to save the argument.
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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Ans:C
(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.not an assumption..can be a weakener

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects...that does not mean wecons. can get the contract

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract....correct

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.oos

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.oos
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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IMO C
Which of the following is an assumption required in order to conclude that WeConstruct will be awarded the contract?


(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract. -- negate it, Build-It Inc and WeConstruct are the only two companies. So we need to know why the contract will not go to we construct.

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.-- This irrelevant

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.-- Correct.- negate it, Built it will complete the open contracts and the argument in the passage says a company cannot have simultaneous open contracts. If Built it close the contract then it can get this contract as well. So the assumption is it won't complete the currently open contracts.

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.-- there is no such thing mentioned the passage

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.- irrelevant
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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The tone in the passage suggests that the only reason contract is not going to Build-It Inc is because of the new HiScience policy of open contracts by a single company being <50% of the total construction budget :

(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.
- Out of scope, irrelevant
(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.
- Out of scope
(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.
- It is said in the passage that Currently Build-It Inc has 44% of the total budget worth of contracts - if they are able to close 4% of the open items, it gives room to accommodate the new project - CORRECT
(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.
- Out of scope
(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.
- Out of scope
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.
Even if they are the only companies, does not make or break the argument.

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.
Even if there is not a long history, who cares?

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.
Negating - Because if it does then it may be awarded with the 9% of the work which will amount to at most 49% of the contracts.
This is our answer.

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.
And there can be other companies with prior relationships. This is not specified how many there are.

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.
Doing previous work is not a pre-requisite.
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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The answer is C
Choice A provide information outside the text
Choice B does not say why we cannot award build inc
Choice C explain well that if build in can finish 4% of the construction budget before the award of the contract it means that she's now with 40% of the budget and therefore can be awarded a 9% budget project.
Choice D and E, does not answer also the point why we should not award builtinc

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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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Premise :
HiScience is planning to use 9% of its total construction budget to build a new research facility. Although HiScience typically contracts with Build-It Inc on projects of this size, this project will need to be awarded to WeConstruct.
IC : A new HiScience policy states that no single company can have simultaneous open contracts with a total value that is more than half of HiScience’s total construction budget
C : Build-It Inc already holds contracts comprising 44% of HiScience’s construction budget.

use negation technique

(A) Build-It Inc and WeConstruct are the only companies who are competing for this contract. ; not relevant

(B) HiScience does not have a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects. not relevant

(C) Build-It Inc will complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract. ; if this is true then IC will weaken ; correct option

(D) Only those companies with whom HiScience has had a prior relationship were not allowed to submit bids for this construction contract.
; this will not weaken conclusion

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality. irrelevant

OPTION C is correct



Bunuel wrote:
HiScience is planning to use 9% of its total construction budget to build a new research facility. Although HiScience typically contracts with Build-It Inc on projects of this size, this project will need to be awarded to WeConstruct. A new HiScience policy states that no single company can have simultaneous open contracts with a total value that is more than half of HiScience’s total construction budget. Build-It Inc already holds contracts comprising 44% of HiScience’s construction budget.

Which of the following is an assumption required in order to conclude that WeConstruct will be awarded the contract?


(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.


 


This question is by Manhattan Prep for the GMAT Club World Cup Competition

Compete, Get Better, Win prizes and more

 

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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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if this(Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.)
will hapen than build inc total contract value will be less than 40% of total construction value than buildinc also be a contender of contract and we can definately say that contract will also go to bulid inc not we construct
and is C
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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Negation should destroy the argument!

(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.
--Irrelevant

(B) HiScience has does not have a long history with Build-It Inc and WeConstruct and has has not relied on them extensively for past projects.
--Irrelevant

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.
--Correct. If Build-It completes open contracts worth 4% or more, it will be eligible for the new project and will not violate HiScience's new policy.

(D)Only those companies with whom HiScience has had a prior relationship All companies were allowed to submit bids for this construction contract.
--Irrelevant

(E) WeConstruct has has not done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.
--Irrelevant
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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Assumption question:

(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.
- Wrong. Does not have to be true

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.
- Wrong. Does not have to be true

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.
- Correct. Has to be true.

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.
- Wrong. Does not have to be true


(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.
- Wrong. Does not have to be true
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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First identify and restate the conclusion: HiScience is ineligible to be awarded the project so WeConstruct will win it

Which of the following answers are assumptions underlying this argument:

(A) Incorrect, if this were an assumption. Than WeConstruct does not have to win it if HiScience is ineligible. Another company could

(B) Incorrect, not necessary to our conclusion. (Not mentioned as a pre-req)

(C) Correct, in order for HiScience to not be eligible they must be pushed over the 50% limit. If they were to complete 4% of their projects by the time this 9% project were awarded they would be eligible

(D) Incorrect, not necessary to our conclusion. (Not mentioned as a pre-req)

(E) Incorrect, not necessary to our conclusion. (Not mentioned as a pre-req)
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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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Premise: HiScience is planning to use 9% of its total construction budget to build a new research facility. Conclusion: Although HiScience typically contracts with Build-It Inc on projects of this size, this project will need to be awarded to WeConstruct.
Supporting premises: A new HiScience policy states that no single company can have simultaneous open contracts with a total value that is more than half of HiScience’s total construction budget. Build-It Inc already holds contracts comprising 44% of HiScience’s construction budget.

Which of the following is an assumption required in order to conclude that WeConstruct will be awarded the contract?


(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract.
It may be possible but WeConstruct may not be firm qualified in contractual terms and conditions. The statement does not provide reasons why Build-It Inc can not be awarded this contract.
Incorrect

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects.
This may not be reason significant enough to award the contract to WeConstruct and not to Build-it Inc.
Incorrect

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract.
If Build-It Inc completes any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract then simultaneous open contract value of Build-It Inc goes down to 44% - 4% = 40% of HiScience's total construction budget and it will become eligible to be awarded the new contract of 9% of HiScience's total construction budget, making total simultaneous open contract value with Build-It Inc as 49% of HiScience's total construction budget.
It the statement is negated, the conclusion falls apart, therefore, the statement is the assumption.
Correct

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract.
Nowhere it is mentioned that Build-It Inc and WeConstruct are the only companies with whom HiScience has had a prior relationship. The statement does not provide reason why Build-It Inc can not be awarded the new contract.
Incorrect

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality.

The statement does not provide reasons why Build-It Inc can not be awarded the contract to build a new research facility by HiScience. There may be many more firms having similar experience as WeConstruct has.
Incorrect

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Re: GMAT Club World Cup 2022 (DAY 2): HiScience is planning to use 9% of [#permalink]
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This is a very interesting question. Also thinking critically, we have to do a few mathematical calculations.

Let's start with the calculation first: "no single company can have simultaneous open contracts with a total value that is more than half of HiScience’s total construction budget. Build-It Inc already holds contracts comprising 44% of HiScience’s construction budget",

and the new project is of 9% valuation. It means if Build-It Inc gets this project, it will have open projects worth 53% of the total project value. As per the question, we have to ensure till the project is allocated to someone else, Build-It Inc should not complete the previous project worth 4% or more. If Build-It Inc completes any project of more than 4% valuation, they can apply for this 9%.

(A) Build-It Inc and WeConstruct are not the only companies who are competing for this contract: Ok but is this information help us to clarify whether Build-It Inc can complete any open contract before HiScience awards the contract? No. Eliminate this option.

(B) HiScience has a long history with Build-It Inc and WeConstruct and has relied on them extensively for past projects: Ok but again same issue as option A. Eliminate

(C) Build-It Inc will not complete any currently open contracts worth at least 4% of HiScience’s total construction budget before HiScience awards the contract: Is this option answers our question? Bingo. If Build-It Inc completes any currently open contracts worth at least 4%, they will be eligible to reapply as per the company policy because they will have less than 50% even if they receive a 9% contract. Hold this option and check for other.

(D) Only those companies with whom HiScience has had a prior relationship were allowed to submit bids for this construction contract: Out of context. Eliminate

(E) WeConstruct has done previous work on this scale in the municipality where this new office will be located and is familiar with the legal requirements for construction work in that municipality: Out of context. Eliminate

Option C is a clear winner.
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