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2. Time and materials - Wikipedia

   en.wikipedia.org/wiki/Time_and_materials

   Time and materials (T&M) is a standard phrase in a contract for construction, product development, or any other piece of work in which the employer agrees to pay the contractor based upon the time spent by the contractor's employees and the subcontractors' employees to perform the work, and for materials used in the construction, plus the contractor's markup on the materials used, no matter ...

3. Early contractor involvement - Wikipedia

   en.wikipedia.org/wiki/Early_contractor_involvement

   In traditional construction contracts (known as design–bid–build contracts) the principal contractor is only engaged when a detailed design is complete. An invitation to tender is published and a number of contractors will price the construction of the design, from which a single winner will be chosen to complete the works. Contractors are ...

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. Punch list - Wikipedia

   en.wikipedia.org/wiki/Punch_list

   In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.

6. Engineering, procurement, and construction - Wikipedia

   en.wikipedia.org/wiki/Engineering,_procurement...

   The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work. EPC companies are often used in large-scale projects, such as power plants, refineries, chemical processing facilities, infrastructure projects, and ...

7. Timekeeper - Wikipedia

   en.wikipedia.org/wiki/Timekeeper

   A timekeeper is a person that measures the passage of time. They may have additional functions in sports and business. They may have additional functions in sports and business. Description

8. Bill of quantities - Wikipedia

   en.wikipedia.org/wiki/Bill_of_quantities

   A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is bidding. The ...

9. Construction Specifications Institute - Wikipedia

   en.wikipedia.org/wiki/Construction...

   The Construction Specifications Institute (CSI) is a United States national association of more than 6,000 construction industry professionals who are experts in building construction and the materials used therein. The institute is dedicated to improving the communication of construction information through a diversified membership base of ...