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GMAT Critical Reasoning (CR) | Re: Executive: The process of submitting bids for architectural contracts

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Subanta wrote:

Executive: The process of submitting bids for architectural contracts should be restructured because when a contractor bids for a contract, the contractor is acutely aware that other contractors will be submitting bids for the same contract. Therefore, the amount of a bid is not an accurate gauge of how much a contract is actually worth.

Which of the following is an assumption made in drawing the conclusion above?

# Contractors often charge outrageous amounts for even simple architectural projects.
#

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