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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

This value usually does not include the preplanning, site or right of way acquisition, or design costs, and may not include start-up and commissioning costs. Some refer to these risks as "known-unknowns" because the estimator is aware of them, and based on past experience, can even estimate their probable costs.

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FTC Warning about Green Certification Seals

Green Building Law Update

Three weeks ago the Federal Trade Commission sent warning letters to 5 providers of environmental certification seals and 32 businesses using those green seals, alerting them to the Agency’s concerns that the seals could be considered deceptive in violation of federal law. The FTC enforces the Federal Trade Commission Act, 15 U.S.C. §

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6 Tips for Getting Paid Now – Not Later

PSMJ Resources

Refer to article 9 of AIA Document B101-2007 for guidance. Raises, benefits, and other overhead factors can easily strip away profits if not monitored and adjusted. Understand what your overhead factors are. You might be better off working on your strategic or business plan than taking on a commission or project on the cheap!

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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added. Overhead: Overhead is the markup for the general contractor’s home office overhead.

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Construction Specifications

Construction Cost Estimating

Technical Specifications Divisions 02 - 16 is known as the Technical Specifications. These construction specifications consist of the written description of the specific requirements regarding with a specific product or system.

CSI 45
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Construction Specifications

Construction Cost Estimating

Technical Specifications Divisions 02 - 16 is known as the Technical Specifications. These construction specifications consist of the written description of the specific requirements regarding with a specific product or system.

CSI 45
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LEAN OpenJOC(TM) Job Order Contracting for Sustainable Facilities Repair, Renovation, and Minor New Construction

Job Order Contracting

Unit Price Books developed without overhead & profit. REFERENCES. European Commission, 2013. Full financial transparency. Co-efficients ranging in the 1.0+ Long-term mutually beneficial owner/contractor relationships. Best value procurement. Quantitative Key Performance Indicators (KPIs). Practical Guide 2013.1 Menches, C.

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