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  2. 50 Divisions - Wikipedia

    en.wikipedia.org/wiki/50_Divisions

    The latest officially released version of MasterFormat is the 2018 Edition, which uses the following Divisions: PROCUREMENT AND CONTRACTING REQUIREMENTS GROUP:

  3. Schedule of values - Wikipedia

    en.wikipedia.org/wiki/Schedule_of_values

    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.

  4. 16 Divisions - Wikipedia

    en.wikipedia.org/wiki/16_Divisions

    The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada.

  5. Specification (technical standard) - Wikipedia

    en.wikipedia.org/wiki/Specification_(technical...

    The standard listing of construction specifications falls into 50 Divisions, or broad categories of work types and work results involved in construction. The divisions are subdivided into sections, each one addressing a specific material type (concrete) or a work product (steel door) of the construction work.

  6. Construction contract - Wikipedia

    en.wikipedia.org/wiki/Construction_contract

    The detailed specifications of all items of work, plans and detail drawings, security deposit, penalty, progress and other condition of contract are included in agreement. Though it is lump sum and scheduled contract, contractor will be paid at regular interval of 2–3 months as per progress of work on the basis of certificate issued by ...

  7. Construction management - Wikipedia

    en.wikipedia.org/wiki/Construction_management

    Construction cost management is a fee-based service in which the construction manager (CM) is responsible exclusively to the owner, acting in the owner's interests at every stage of the project. The construction manager offers impartial advice on matters such as: Optimum use of available funds; Control of the scope of the work; Project scheduling

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  9. Construction (Design and Management) Regulations 2015

    en.wikipedia.org/wiki/Construction_(Design_and...

    Construction work” now means the carrying out of any building, civil engineering or engineering construction work and includes building temporary structures used for events, television, film and entertainment productions. [1] It is the responsibility of those who procure such ‘works’ to be familiar with their obligations; for example ...

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