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An accent wall or feature wall is an interior wall whose design differs from that of the other walls in the room. The accent wall's color can simply be a different shade of the color of the other walls, or have a different design in terms of the color and material. [1] Accent wall offers a simple, stylish way to add colours to a room. [2]
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 ...
Personal property assets include a building's non-structural elements, exterior land improvements and indirect construction costs.The primary goal of a cost segregation study is to identify all construction-related costs that can be depreciated over a shorter tax life (typically 5, 7 and 15 years) than the building (39 years for non-residential ...
Exterior insulation finishing system. A historic brick building in Germany covered with EIFS on the right side. Exterior insulation and finish system ( EIFS) is a general class of non- load bearing building cladding systems that provides exterior walls with an insulated, water-resistant, finished surface in an integrated composite material system.
An interstitial space is an intermediate space located between regular-use floors, commonly located in hospitals and laboratory-type buildings to allow space for the mechanical systems of the building. By providing this space, laboratory and hospital rooms may be easily rearranged throughout their lifecycles and therefore reduce lifecycle cost.
Definition. A retaining wall is designed to hold in place a mass of earth or the like, such as the edge of a terrace or excavation. The structure is constructed to resist the lateral pressure of soil when there is a desired change in ground elevation that exceeds the angle of repose of the soil. [ 1]
Cost overrun. A cost overrun, also known as a cost increase or budget overrun, involves unexpected incurred costs. When these costs are in excess of budgeted amounts due to a value engineering underestimation of the actual cost during budgeting, they are known by these terms. Cost overruns are common in infrastructure, building, and technology ...
Examples of monthly expenses to include in a budget. 1. Housing. Housing expenses frequently take up the largest chunk of monthly expenses and include monthly mortgage or rent payments, depending ...