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A rate card, also known as a rate sheet, is a structured table or list that sets out the different list prices that apply to a range of services provided to enable the buyer to compare the options available. It is typically the standard published rates and therefore the maximum price a buyer will be expected to pay.
Associated Builders and Contractors (ABC) is a national U.S. trade association representing the construction industry. ABC is an association of 69 chapters with more than 23,000 commercial contractors and construction-related firms among its members.
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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With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
All-in rate is a term used in both the construction industry and the financial sector. It refers to the total cost or rate charged for a service, including all associated fees and expenses. It refers to the total cost or rate charged for a service, including all associated fees and expenses.
In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.
The construction industry in the United States is one of the major sectors of the country's economy. [1] As of November 1, 2022 [update] there are over 745,000 general contractor LLCs employing over 7.6 million in its workforce , putting up almost US$1.4 trillion worth of structures annually.