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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.
A handyman working on a door frame. A handyman (abbr. HNDMN), [1] also known as a fixer, [2] handyperson [3] [4] or handyworker, [5] [6] maintenance worker, maintenance man, repairman, repair worker, or repair technician, [7] such as basic carpentry, plumbing, minor electrical wiring and property maintenance, wide range of repairs, typically for keeping buildings, shops or equipment around the ...
With a lump sum contract or fixed-price contract, the contractor assesses the value of work as per the documents available, primarily the specifications and the drawings. At pre-tender stage the contractor evaluates the cost to execute the project (based on the above documents such as drawings, specifications, schedules, tender instruction and ...
A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, [a] a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it ...
A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. Home inspections are usually conducted by a home inspector who has the training and certifications to perform such inspections. The inspector prepares and delivers to the client a written report of findings.
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A tractor being mechanically repaired in Werneuchen, 1966 Field repair of aircraft engine (1915–1916). The technical meaning of maintenance involves functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure and supporting utilities in industrial, business, and residential installations.
A work order may be a maintenance or repair request from students, faculty or staff in a university. [3] [4] Orders received from outside an organization are often dispatched (reviewed and scheduled) before being executed. [5] [6] Work orders may be for preventive maintenance [7]
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