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  2. Amortization calculator - Wikipedia

    en.wikipedia.org/wiki/Amortization_calculator

    An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

  3. Project Labor Agreement - Wikipedia

    en.wikipedia.org/wiki/Project_Labor_Agreement

    The Boston Harbor reclamation project that began in the 1980s became the focus of debate over the legality of PLAs. [12] [13] When the Massachusetts Water Resources Authority elected to use a PLA for the project that mandated union-only labor, [14] the Associated Builders and Contractors of Massachusetts/Rhode Island, Inc. challenged its legality, asserting that the use of a PLA was prohibited ...

  4. Construction contract - Wikipedia

    en.wikipedia.org/wiki/Construction_contract

    A cost plus contract states that a client agrees to reimburse a construction company for building expenses such as labor, materials, and other costs, plus additional payment usually stated as a percentage of the contract's full price. This type of construction contract is an alternative to lump sum agreements.

  5. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    A lender will compare the person's total monthly income and total monthly debt load. A mortgage calculator can help to add up all income sources and compare this to all monthly debt payments. [citation needed] It can also factor in a potential mortgage payment and other associated housing costs (property taxes, homeownership dues, etc.). One ...

  6. International Association of Bridge, Structural, Ornamental ...

    en.wikipedia.org/wiki/International_Association...

    The union lost roughly half of its members in the early 1930s. While the passage of the Davis–Bacon Act required payment of the prevailing wage on federal construction projects, the desperate shortage of work allowed some employers to force their employees to pay kickbacks to them to hold on to their jobs. A number of union members hopped ...

  7. New Engineering Contract - Wikipedia

    en.wikipedia.org/wiki/New_Engineering_Contract

    NEC Contracts logo. The New Engineering Contract (NEC), or NEC Engineering and Construction Contract, is a formalised system created by the UK Institution of Civil Engineers that guides the drafting of documents on civil engineering, construction and maintenance projects for the purpose of obtaining tenders, awarding and administering contracts.

  8. Laborers' International Union of North America - Wikipedia

    en.wikipedia.org/wiki/Laborers'_International...

    LIUNA's origins stretch back to the 19th century when local construction unions began popping up across the United States. [6] Then, in March 1903, Samuel Gompers, the President of the American Federation of Labor (AFL), successfully persuaded various local construction unions from across the U.S. to unite in order to consolidate power in their fight against unfair labor practices.

  9. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    Premium pay - the extra portion of wages paid when a worker works overtime. Example: Wage rate is 10.00/hour, overtime is paid at time and a half, or 15.00/hour, the premium pay is 5.00/hour. Price is the quantity of payment or compensation given by one party to another in return for goods or services.

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