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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

Fringe Benefits - labor cost elements which are provided to pay for benefits received by workers, such as health insurance, pension, training, etc. Bond - in construction, a performance bond is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. design/negotiate/build). design/negotiate/build). 00 52 16 Agreement Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). design/negotiate/build).

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. design/negotiate/build). design/negotiate/build). 00 52 16 Agreement Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). design/negotiate/build).