Final answer:
Detailed cost estimates are used to develop cost projections for work outlined in contracts. These are critical in providing a financial framework and understanding between a client and a contractor for the work to be undertaken. The correct option is 2) Detailed cost estimates.
Step-by-step explanation:
The question is,What is used to develop detailed cost estimates for work to be performed by saber contracts?' pertains to the process of cost estimation in the context of contracting. The correct option is 2) detailed cost estimates. These estimates are essential for accurately outlining the potential costs associated with a specific work package or project component that is being outsourced to a contractor.
Detailed cost estimates are developed based on the scope of work outlined in the contract, materials required, labor, timeframes, and any other resources that may affect the cost. These estimates are a critical tool in ensuring that both the client and the saber contractor have a clear understanding of the financial expectations before any work begins.
Notably, the term 'saber contracts' might be a specific reference to a particular contract type or simply a typo. If we assume it's a typo, it's essential to focus on standard contracting terms and the general practice of preparing detailed cost estimates to pre-determine and agree upon the expenses linked to contracted tasks.