A glossary of terms with reference to Construction Cost Estimating
Construction Cost Estimating
JULY 1, 2014
It also (ideally) details the terms and conditions of the construction or repair contract and itemises all work to enable a contractor to price the work for which he or she is bidding. See also Overhead, Indirect cost. See also, Overhead, General & Administrative Cost, Distributable. Open shop is also known as a merit shop.
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