Search results
Results from the WOW.Com Content Network
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
In 2017, buildings and construction together consumed 36% of the final energy produced globally while being responsible for 39% of the global energy related CO 2 emissions. [30] The shares from the construction industry alone were 6% and 11% respectively.
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.
A cost estimate is the approximation of the cost of a program, project, or operation.The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values.
A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for risk and incentive sharing. [1] Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred ...
Today, lumber costs $344 per thousand board feet. Cars Most cars purchased in the U.S. are either built in Canada or Mexico, or use parts imported from one of those countries.
The Construction Specifications Institute maintains the following industry standards: MasterFormat – 50 standard divisions of building materials - 2004 edition (current in 2009) 16 Divisions – Original 16 divisions of building materials
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!