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Equipment - (1) a category of cost for organizing and summarizing costs, (2) construction equipment used to execute the project work, (3) engineered equipment such as pumps or tanks. Escalation is defined as changes in the cost or price of specific goods or services in a given economy over a period.
Cost of goods sold (COGS) (also cost of products sold (COPS), or cost of sales [1]) is the carrying value of goods sold during a particular period. Costs are associated with particular goods using one of the several formulas, including specific identification, first-in first-out (FIFO), or average cost.
Labor burdens, material costs, construction equipment costs, and, if applicable, subcontractor costs are also extended on the estimate detail form. [30] Other costs and pricing are added, such as overhead, profit, sales or use taxes, payment and performance bonds, escalation, and contingency. [31]
Capital costs are fixed, one-time expenses incurred on the purchase of land, buildings, construction, and equipment used in the production of goods or in the rendering of services. In other words, it is the total cost needed to bring a project to a commercially operable status.
Genie is an American company that manufactures work lifts and platforms used in construction, maintenance, warehouse stocking, and equipment installation. Founded in 1966 by Bud Bushnell, the company operated independently until acquired by Terex in 2002. [1]
JLG 1200SJP Boom Lift. JLG introduced its first scissor lift in 1973, and in 1979, scissor lift production began in JLG's Bedford, Pennsylvania location. The firm's current product line includes the following types of items: Mast booms and boom lifts (aerial work platforms) Towable & trailer mounted boom lift trucks and telehandlers; Vertical ...
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Lifting equipment, also known as lifting gear, is a general term for any equipment that can be used to lift and lower loads. [1] Types of lifting equipment include heavy machinery such as the patient lift , overhead cranes , forklifts , jacks , building cradles, and passenger lifts, and can also include smaller accessories such as chains ...
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