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A Schedule of Values (SOV) is a detailed schedule apportioning the original contract sum and all change orders, among all cost code divisions or portions of the work. The Schedule of Values shall be based on the approved budget or the approved Fixed Price, or GMP, Cost-Plus Contract type as applicable.
In the power systems analysis field of electrical engineering, a per-unit system is the expression of system quantities as fractions of a defined base unit quantity. . Calculations are simplified because quantities expressed as per-unit do not change when they are referred from one side of a transformer to t
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 ...
A conventional electrical unit (or conventional unit where there is no risk of ambiguity) is a unit of measurement in the field of electricity which is based on the so-called "conventional values" of the Josephson constant, the von Klitzing constant agreed by the International Committee for Weights and Measures (CIPM) in 1988, as well as Δν Cs used to define the second.
IEC 60688 Electrical measuring transducers for converting A.C. and D.C. electrical quantities to analogue or digital signals; IEC 60689 Measurement and test methods for tuning fork quartz crystal units in the range from 10 kHz to 200 kHz and standard values; IEC 60691 Thermal-links – Requirements and application guide
The volt-ampere (SI symbol: VA, [1] sometimes V⋅A or V A) is the unit of measurement for apparent power in an electrical circuit. It is the product of the root mean square voltage (in volts) and the root mean square current (in amperes). [2] Volt-amperes are usually used for analyzing alternating current (AC) circuits.
An electrical code is a term for a set of regulations for the design and installation of electrical wiring in a building. The intention of such regulations is to provide standards to ensure electrical wiring systems are safe for people and property, protecting them from electrical shock and fire hazards. They are usually based on a model code ...
In electrical engineering the load factor is defined as the average load divided by the peak load in a specified time period. [1] It is a measure of the utilization rate, or efficiency of electrical energy usage; a high load factor indicates that load is using the electric system more efficiently, whereas consumers or generators that underutilize the electric distribution will have a low load ...