What is the minimum price allowed for a contract when there is a deficiency in concrete strength between 10% to less than 15%?

In the context of concrete strength deficiencies, the minimum price allowed for a contract when there is a deficiency of 10% to less than 15% hinges on the acceptable practices and standards within the industry. A deficiency in concrete strength refers to the extent to which the actual strength falls below the specified requirements.

When the strength deficiency is in the range of 10% to less than 15%, it indicates that the concrete's performance is significantly compromised, impacting its durability and safety. Construction contracts often include stipulations on how to address such deficiencies to maintain quality and safety standards.

The minimum price typically reflects the reduced value of the work and accounts for the additional measures that might be necessary to remedy the situation, such as using additives, applying treatments, or even needing to replace some of the concrete entirely. In this case, a minimum price of 70% corresponds to an acceptable compromise between the contractor and the project owner. It acknowledges the deficiency while still ensuring that the contractor has an incentive to fulfill the contract's obligations, despite the reduced quality of the concrete.

Thus, the correct understanding of the situation and the potential financial implications of deficient concrete strength leads to the conclusion that a minimum price of 70% is appropriate under these circumstances.