estimated ones of the specifications, it would be hardly fair to the owner to apply to the excess those unit prices which produce his tentative limiting expenditure.
Second. In the case where the actual quantities of materials are less
than the estimated ones, it would be unjust to the contractor to use the
high unit prices on the diminution quantities, not only because of the great
difference between these and the unit actual costs, but, also, for the reason
that the total overhead charges would be about the same for the dimin-
ished amounts as for the estimated total quantities.
In the corrective ratio diagram (Fig. 33b) it will be noticed, that, after
the ratio of value difference (due to increase or diminution of quantities
of materials) reaches 0.2, the "corrective ratio" remains constant at 0.8,
which corresponds approximately to actual cost conditions. The object
of this is to provide that the contractor shall not be too much benefited
by an abnormal increase in quantities, nor, on the other hand, shall he
be at too much disadvantage because of an abnormal diminution thereof.
To utilize the corrective ratio diagram (Fig. 33b) look on the line of abscissae for the ratio of cost difference, pass vertically upward to the curve (or right line, as the case may be), then horizontally to the extreme
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